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Alfred Nobel's Will
Alfred
Nobel, bio | Nobel's Assets
and the Nobel Prize
"The whole of my remaining realizable estate shall be dealt with
in the following way: the capital, invested in safe securities by
my executors, shall constitute a fund, the interest on which shall
be annually distributed in the form of prizes to those who, during
the preceding year, shall have conferred the greatest benefit on
mankind. The said interest shall be divided into five equal parts,
which shall be apportioned as follows: one part to the person who
shall have made the most important discovery or invention within
the field of physics; one part to the person who shall have made
the most important chemical discovery or improvement; one part to
the person who shall have made the most important discovery within
the domain of physiology or medicine; one part to the person who
shall have produced in the field of literature the most outstanding
work of an idealistic tendency; and one part to the person who
shall have done the most or the best work for fraternity between
the nations, for the abolition or reduction of standing armies and
for the holding and promotion of peace congresses. The prizes
for physics and chemistry shall be awarded by the Swedish Academy
of Sciences; that for physiological or medical works by the Karolinska
Institute in Stockholm; that for literature by the Academy in Stockholm;
and that for champions of peace by a committee of five persons to
be elected by the Norwegian Storting. It is my express
wish that in awarding the prizes no consideration whatever shall
be given to the nationality of the candidates, but that the most
worthy shall receive the prize, whether he be a Scandinavian or
not."
Paris, the 27th of November 1895.
Alfred Bernhard Nobel
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