Money Issues

Internet Archive! How You Can Put Knowledge into the Hands of Millions

Today is #GivingTuesday, the one day you are encouraged to give to your favorite charities. This GivingTuesday, I hope the Internet Archive will be at the top of your list. By giving a small amount, you can put knowledge in the hands of millions of people, for years and years.

From How You Can Put Knowledge into the Hands of Millions | Internet Archive Blogs

Outrage as city with new £188m library ask readers for help buying books

A council which spent £188million on a state-of-the-art new library has been criticised by readers and authors after it ran out of money and asked the public to donate books.
Libraries in Birmingham have posted notices requesting members donate their new and recently-released books, saying they would be “gratefully received”

From Outrage as city with new £188m library ask readers for help buying books - Telegraph

Poverty, Libraries, Jobs, Me

With that said: should a library director be paid $7.25/hr? No, of course not. But in this part of Kentucky, believe it or not, that is a decent salary. Not because it is objectively an amount of money that someone deserves for doing their job, but only because the area around it has been forgotten. This part of the world has been given up on by the former industries that sustained it, by the clay and the tobacco and the lumber that were the only reasons money ever flowed into the economy of the area in the first place.

From Poverty, Libraries, Jobs, Me | Pattern Recognition

E-books proving costly for Richmond Public Library - News - Richmond News

Rising salaries, electronic book costs and a steep decline in book fines are putting financial pressure on the Richmond Public Library.

On Monday, the city’s finance committee approved a $200,000 temporary boost to the library’s collections budget, but not before questioning its practices.

“The whole idea of late charges wasn’t to make money or revenue. It was to ensure the material is fairly distributed. But then you become dependent on it,” said Buss, who told councillors there are opportunities to make money via 3D printing.

From E-books proving costly for Richmond Public Library - News - Richmond News


Nice Story for a Monday; VT Janitor Bequeaths Savings to Library & Hospital

Reuters reports:
Everyone thought he was practically penniless, but he managed to save up $8 million dollars and bequeathed it in his will.

Perhaps the only clue that Ronald Read, a Vermont gas station attendant and janitor who died last year at age 92, had been quietly amassing an $8 million fortune was his habit of reading the Wall Street Journal, his friends and family say.

It was not until last week that the residents of Brattleboro would discover Read's little secret. That's when the local library and hospital received the bulk of his estate, built up over the years with savvy stock picks."Investing and cutting wood, he was good at both of them," his lawyer Laurie Rowell said on Wednesday, noting that he read the Journal every day. Most of those who knew Read, described as a frugal and extremely private person, were aware that he could handle an axe. But next to no one knew how well he was handling his financial portfolio.

Benjamin Franklin, a Sage Man

Benjamin Franklin’s Philadelphia printing shop made plaster molds from pressed sage leaves to create metal stamps for marking foliage patterns on Colonial currency. The distinctive contours of leaf spines, stems and veins were meant to thwart counterfeiters, and Franklin’s workers managed to keep the casting technique a secret that has puzzled modern scholars, too.

James N. Green, the librarian at the Library Company of Philadelphia (founded by Franklin in 1731), had wondered for the last two decades if any of Franklin’s actual metal leaf-printing blocks for the bills survived. He had concluded that if one of these castings ever did emerge, it would be “a really sensational discovery,” he said in an interview last month. And since that time...

...such a discovery has been made in a vault at the Delaware County Institute of Science in Media, PA.

How to Make Libraries More Exciting

THE central branch of the Free Library of Philadelphia is an impressive building—its neoclassical facade looming over most of a block. But inside, though chandeliers still hang from the ceilings and the floors are of polished marble, there is a feeling of neglect. A musty taste hangs in the air; many of the books are rather battered. “The building opened in 1927 and we’ve really not touched it since then,” says Siobhan Reardon, the library’s president and director. “And you can tell.”

That, happily, is now changing. On September 11th Philadelphia announced it had secured a $25m grant from the William Penn foundation to update its old libraries. Yet libraries in general are struggling. Americans tell pollsters they love them, but fewer use them. In June the Institute of Museum and Library Services (IMLS), a federal agency, published data showing that library visitor numbers have declined in recent years. Polling published on September 10th by the Pew Research Center, a think tank, revealed that more people say they are going to the library less than going more, with a sharp gap among the young.

More from The Economist.

Darby Library Possibly Closing

The oldest public library in the United States, Darby Free Library outside Philadelphia, is in danger of closing. The library was founded in southeast Pennsylvania in 1743.

What libraries need from key U.S. technology program

FCC Chairman Wheeler’s draft proposal—which no one but other commissioners have been able to read in detail—will not single-handedly boost global competitiveness nor will it kill E-rate as we know (and value) it. It is, however, an important first step in connecting all learners to the high-capacity broadband critical for digital opportunity. Wi-Fi doesn’t work without adequate broadband to support it, and there is more work to be done to further improve and strengthen the E-rate program for more productive years ahead. But to further delay action will shortchange our nation’s public libraries and the communities they serve.

Kickstarter Builds a School Library

ABC Local: Kickstarter has been used to fund everything from new gadgets to space missions -- but in Berkeley, CA a group of kids just successfully used it to fund a library. A can-do attitude is at the core of the REALM Charter School's curriculum. Now in its third year, the school has classrooms full of technology and teachers full of energy, but no library. The eighth grade class is about to change that. "I really want the future students to love it because we worked really, really hard on this," student Agustina McEwen said. Call it a legacy, when they graduate, they're leaving behind a gift. They're calling it "x-space." "It's a space made out of x's and we use these x's to make

everything in here" Agustina said.

From the bookshelves, to the tables and chairs, it all started in their design class taught by a local group called Project H. "It's sort of humbling and awe inspiring to watch a 13-year-old build something that came from their head, that they prototyped on their desk, and now is full scale," Project H founder Emily Pilloton said.


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