The New York herald., 1866-05-19
GEORGE PEABODY,


yuo American 4IIuouau0, " a0m0.
HIS Dwelling I'm South Dsnvers-De-
scription OF the House and Town IN
which He was Bern.-soms Account %
the "Psabody Institute'' In the MAI
4 lionairs's Native Place-His Early
Struggle with Poverty and Great Llbe-
rality ~ . Millionsirs.
OUR SOUTH pANvERs CORRESPONDENCE.
nr soUrH DAxvnRs, Mass, May II. 1905
There is little 10 interest the visitor to 'sco's Rocky
Isle" except that II the reputed birthplace al
Homer. stntfordup n-Avon would be dull plaos IL
shakspere were not born there South Danven, Esssx
county, Msssachusstts had also It's celebrity To invess m
with romantic interest," which quiet little country
town. "embowered soft In rees," might otherwise have
no claim TO- On Warrington street. In the suburbs q
the town. standing in small grassy lot with orna
ment Of flowers or two young saplngs b The
house where George Peabody the American millionaire.
tho London banker the pnncely aonos Of several for
tunes 70 the Of charity, and science and educa-
ton first saw the light In the absence Of photo-
graphic instrument will endsavor 70 give peno-
graph OF it, II is q simple white frame buildngs
two stories high In the and two and
half stories in the front portion. Attached
to the original house ID small wing on the eft and
judging from appearances should say that an addttoo
has also been made 70 the front since old Peabody sna
market man. dwelt there sixty years ago. II fronts
within S white s pains An % old pump thai has evidently
done service 70 the Peabody family for many year.
Of use, for new chain pump Of the modern Improve
ment order stands the other side The house almost
alone there being but one dwelling In the immediate
possesses few features to distinguish from any ordinary
country town In New England. Il lies on the Salem
branch OF the Boston and Maine Railroad fourteen miles
from Boston. II has population Of between six and
churches twice as many various tanneries
paper which, in at least the memories
of the old witch persecutng mcs for which the locality
was remarkable in 1892 FOR II Is called Ths Wiord
Take away the associations connected with George Pea
nothing left Of South Danvers to hang tale upon the
town In the ninetyrst year Of Its age. learn
rom the record Of its birth on tho erected By
the citizens on the corner of Main and Washington
Streets to commemorate the sixtieth anniversary In 1885
THE PEABODY INSTITUTE"
The monument which Mr. Peabody munihcont
enough endow token that in his great prosperity
he did not forget the village where he was born and
ocsrs store. is Substantial square bui ding q r.d
brick faced and coped with brown stone. It stands
washington street It consists q misceiiansous and
well selected library OF about twelve thousand volumes
Sed Mn''A small Collection Of minerals has only bson 90
far got together In the second story there s nns
lecture hall, with seats for eight hundred PeTsCn. %
Choste and On the left by portrait kdvsrd Everett
by z Jones' the Irish sculptor executed In London,
in 1885, The library also contains bound volumes Of The
Tp h nerrars n.ore arc vsrv nroud of this nssit
ton ard naturally venerate the donor They put u 70
o~ssrd vciumss Rad everv vesrnot bad prcporiicn
10 small poUuIstton The building was nut M IL iV6a
at cost Of twenty thousand dollars
"a much ~ nsnvers Now word shont The man thss
made II famous. Although George Peabody was only
ussr01 I'M M S @ h o o.,rhe- v ~ III b; n; hts scios ~.
sixty years ago, and can recall how no dealt out o-
scs - w., 80 49,. sSsn hr Ia - .svSc go. ~
embryo merchant who desinsd o viz the s..ss 3!
sSv ~ rrgsnS ana !" hsccy,s ~ rscirsn. ~ 49,.
incs from Thousands Of he Door whom ns bounty -
ss~svs .or.sh,ro ccrr"rS,rS ~ ~: vsn.sr No. -
ssrc srS ss,vs y 1% Hs 81. ~ mi M ~ rs.cI W. ~
sci cUc cc9o,.n NJ su .,, % vans n " nss IA -
emf mssnh With voSn@ c,sorss ths IN
century GO and when M rs.Sody n: London Ssoss
sd hsd an IA tirS oo.ssr shcrt ths, schooi S.~.s
Young % Peabody was not s much % Of student 4. g
~ sSe disty,cs schoi vhsrc hs riysS ali The cdus
he r" H. nsrsn wcse oo snd abor bscsms =
. u ns snS S !. Ss
burvpc Vberc he becsme cIe n tne aoccrv stos a
ns .s s sasn only pssn od ..s ana
his Character While yss under ago his uncle PLACED IN
M IN ~ wbo,s"as dsv sco6s b.asncs ~ r. ri.Ss
riggs Prosperity then began 70 smile on him. Nsn
body Co. And rsmoved 70 BsItimors Br,nc6 6oossn
vsrs spou esssbiished n PhiIsdspblS and Nev Yorf
his ant relations With thst country He -
amply repaid her of the fortune he acquired tho b.
honor he ala her and the boundie:s charities hs ~
In 1899 Mr. Peabody became senior partner. Hghs
years laisr he took up his rssadenos psrma-
nentiy In England, where he established himself
~ banker in 1S4a The foundation o. hi
fortune was now laid and vigorously be buis up Ne
structure. On the Of anniversary a eoutA
Danvers he sent from London toast In . sealed envs-
lope follows" Education; debt from the present
ars accompanied tne toasi Ior the endowment O -
sLu a o,ay ~ AZ ~ s n.Sxe on. ~
thcns~rd di,.rs "a, hr~rrh ir.sItnse n Ncrsh nsrv