The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-02-14
CHI A r. L EST ON
THURSDAY MORNING, FEBRUARY "a, 1861
UNPARALLELED LIBEI,ALITY.

UNPARALLELED LIBET,ALITY.
Our readers some days ago wero informed OF the
very muni6cent donation recently made by hir.
GropaE PEABODY to provide education tor the des-
titute in the Southern States: do mas p'acea' 1oi
this purpose, in the hands OF number OF eon1io-
men. selected by himself to act rs trustees iot 'o
Ennd an amount, in money and securitles,
eonalling 50, 2,1OOOOo OF this tho interest is to De-
rsed and applied according to the discrehon OF
the Trustees ssfor the promotion and encourage
nent of intellectual moral industrial education
among the young of the more destitute portions OF
the Southern States of our Union, my purpose De-
ing, says Mr.. PEABODY, 'that the dement's n'enaeel
shall be distributed among the entire populatloll
without other distinction than their needs anu
the opportunities of usefulness ito them" Inc
Trustees also have permission to use beside the
income thus devised, from the principal sum With
in the next two years an amount not ezceedns. 81
per cent.
Mr.. PEABODY also empowers the Trustees, or
their lawful successors, in ca two-thrds OF their
number shall at any time, afer the lapse OF thirty
years, deem it expedent to close this trust, and OF
the funds which ut that time shall be in their
hands, to distribute not less than two-thrds for
such educational purposes as they may determine
in the States for whose benefit the income is nov
appointed to be used. The remainder may be dlh
trbuted by the Trustees for educational or htera-
Nv purposes, wherever they may deem it expedl-,
ont. ,5
The deed of conveyance closes in the following
language: ssWith reverent recognition OF the need,
of the blessing of Almighty God upon my gift, and
with the fervent prayer that under His guidance
your counsels may be directed for the highest
good Of present and future generations IN our be-
loved country, am, gentlemen, with great re-
spect, your humble servant, '........s,..a
GEORGE PEABODY.
WASHINGTON, February 7, 1867: . n ,s,.5.
Tho document was addressed to Hon. RoBERT
C. WINTHROP, of Massachusetts, hon. HAMILTON
FISH, Of New York, Rt. Rev. CHARLES F. McI1r
vArNE, of Ohio, Gen. q. s. GRANT, Of the United
States army, Hon. WIN. @. RlvEs, OF Virginia, Hon.
JoHN Il. CLIFFORD, of Massachusetts, Hon. WE.
AIKEN, of South Carolina, VIM. NJ. EvARTs, Esq,
of New York, Hon. WM. A GRAHAM, Of, North
Carolina, CHARLES MoALL1srER Of Pennsylvania,
GEO. A. RIGGS, ESQ.,, of Washington, SAMUEL Wet
MORE, of New York, EDWARD A. BRADFORD, Esq,
of Louisiana, GEO. N. EATON, of Maryland, and
GEORGE PEABODY RUSSELL, Esq, Of ofMass9chusetts.
The above named Trustees at % meeting hold
in Washington, adopted and signed the following
resolutions, presented by Bishop McILyANE.
Resotued That we hereby express to MIR. Poa-
body our grateful appreciation Of the enlarged
and unprecedented generosity which, after having
bestowed on the poor OF the city OF London n
bounty that drew forth the admiration OF Europe
and after having exceeded the same on his return
to his native land in benefactons to institutions Of
learning and education in the Middle and Eastern
States of the Union, has now crowned the whole
with this last deed Of patriotism and loving kind
ness, SO emnently suited to bind together the SOW
era parts Of our beloved country In the last bond
OF mutual well-dolng and regard.
Resoloed, That we express to MIR. Peabody our
respectf'l and afectonate prayer that, in the gr-
cious p. vidence Of Heavenly Father, his valu-
OF his benevolent contributions to the happiness
of his fellowctizens in all prrts Of his native and
beloved land, and that MANY Of NOSE. whom God
has blessed with large possessions may be induced
to follow his example of wise and noble employ
ment of wealth for the good of man and the glory
OF God.
An organization has already been effected, Of
which Hon. RoBT. G. W1nsHRoP, of Massachusetts,
is Chairman, and Dir. RUSSELL, of Massachusetts,,
is Secretary. Committees Of Finance and Inquiry
have been appointed and is tho intention of the
Trustees to commence active operations as soon as
possible.
Every lover of his species must look with pleas
ure upon this act of munfcence on the part of Mr..
and every American be proud to call
him countryman. FSnis coronat opus. Mr.. P. has
devised liberal things for third of century; and
while he has always shown special preference for
his own country, his large-hearted benevolence'
has never been restricted, snd his purse been open
to the needy Of every race and every country. he
is now near the end Of long and useful career,
and has set fitting crown to the glorious work Of
a life time The annals of the world cannot equal
his iberality.
Seldom before has private citizen had such q
wealth of resources at command as this our liberal
but never has there been one who
made such princoly use of his means. Truth once
again is stranger than fiction. The heroes Of ro
nance, created by the rich fancy of q DUMAS OF a
SUE, so lavish in their bestowment OF money for
the ameloration Of. the needy OF mankind, seldom
so about it in rational way, and generally accom-
plish but little that can be considered really use
full; and the pictures arc in the highest degree
uggerated, and in no way natural. Whereas, here
we find private Citizen annually almost giving
away miIlions- NOT to street beggars, OF to graft
fy morbid sentiment, but upon mature conside-
ration, and for wise and lasting purposes. :
That Mr. PEABopY, in the exercise Of his beneyo-
lence should know no South, no North, no East
nor West is entirely in accordance with what We
would expect in so magnanimous nature. His
long absence from this continent may have con-
tributed largely in preserving his heart from the
nroads of sectional hatred and narrow-mindod
bitterness.
Most of the munifcent foundations for literary |
md scientific purposes, established by private par
lies, both in the old country and in our own, were
established by bequests; the results Of DEATH
bed iberalty. 1t is unnecessary to say that much |
greater credit is due to men like Mr.. PEABODY, |
Who are their own executors.