December 03, 2009
An X-prize c. 1909
The Dec. 3, 1909 NYT reports on an X-prize of the day:
Official announcement was to-night made of the offer of $100,000 by a Yale alumnus, who declined to allow his name to be known, to the person who discovers an adequate remedy for tuberculosis. The money has been turned over to Yale University as custodian, and the faculty of the medical school has been chosen its Trustees.
The story ends with the qualifications for winning the prize:
The donor of the prize stipulates that the cure for which the award is given shall have been in use five years and its permanent efficiency tested for that time.
Posted by Craig Depken at 02:03 PM in
Economics
