The New York herald., 1867-02-09
nUNIFIcEsr GIT FROM GEORGE PEABODY.

He Donates Two "a sit0us One Huudred Thou-
sand Dollars for the Education of the ssnth~
eru Youth, White N Sd Biacks
wAsHIseros, Feb. s. lsGr
George Peabody has douat, Vi si0oo,o0o in cash and
ST. 100 900 in unrepudated tssissppl bonds for the
Instruction Of Southern youth without distinction OF
color Robert G. Winthrop cha Iman OF the Board q
Trustees; exGovernor Hamilton r. w. Of New York. ana
Bishop hcIlvainss Of Ohio the vice chairmen; AMI
George Peabody RUSSELL OF Nassachl sets thes ccre
tary Among the trustees are Genera Grant; VIM. u
Evarts, Of New York; VIM. A Ora Nm, OF North
Carolina; Governor Aiken, OF South Carroll "a; George W
Riggs Of Washington; VIM. G Rives, OF Vi vsnia; Gov
ernor Clifford, Of Massachusetts, George N. Eaton, q
Maryland; Mr. NcAiister. OF Philadelphia; lG Bran
ford. Of Louisiana Most a the gentlemen Sd were
present ct tho transfer OF the noble charity
The ceremonies were held in Mr.. Eyarts' room I'd
were very impressive The distinguished party kues
prayer and most solemn and affecting address . the
Throne Of Grace delivered By Bishop McIlvains
That this munhcent donation may eaA 70 the Thorough
perpetuy Of the Union ID tho hope or AL This measure
was contemplated by Mr. Peabody long before he Ian
England, and is no suddenly conceived idea Tho fsl-
iowag \ hin isttsr v the gentlemen named -
cnrLxsxx-I beg - address yos On s,biecs wsscA
occupiod my mind long beforo ieft England, and b
sSrcp sSs nocosed sad yaIasd frisod . whom an =
SS and assss s,ss ss ~ %
that consulted him immediately upon my arrival -
May ias refer 70 the educational needs Of those Por-
tious OF beloved and common country which have
suffered from the destructive rava2es and not less dis
consequences or civil war. With my advancing
become more devoted My hope and faith in N
successful and glorious future have grown
brighter ana stronger; ana now , ,ooxns o. o.s
who has passed the limit Of three and ten years,
see our country united and prosperous emerging from
the clouds winch still surround her, taking higher
rank among the nations aud becoming richer and m0ro
powerful than ever before But TO mako ts prosperity
moro than superficial her moral and mental deycopmesS
should keep pace with her material growth; and IN
those portions OF our nation to which have referred the
usen. and pressing physical needs Of an almost impov
making by unaidcd effort such advances IN education
and such progress In the diffusion OF knowledge among
all classes that every lover Of his country must earnestly
desire.
feel most deeply therefore, that II is the duty ana
privilege OF the favored and wealthy portions q
our nation assist those who less fortunate; and
with the wish TO discharge far as may be able. my
- on bn y .as ora bouna bv % mssy
ties Of attachment aud regard give 10 you gentemens
most Of whom have be- been % my personal and espscsas
held in trust and the income thereof used and applioA
Ia your discretion for the promotion and encouf-
agemont Of intellectual, moral or industrial sda-
portions Of the Southwestern States OF our
Onion my purpose being that the benefits intended shs,l
be distributed among the eure population without other
distinction than their noeds and the opportunities OF uss
funess to them Besides the income thus devised give
next two years an amount not exceeding 40 per cent
In addition this ct place in your hands bonds -
commonly known as Planters Bank bonds, amounting,
with interest," about ST. 0O0 the amour. realized ~
you from which y 70 be added TO and used for me pss
In for stock In that bank held by tho state md
amounted N Ell to ony e. For many years the
interest without interruption al islc since which 5
acs nIs oaas n es ss ss q
mens q the coupons and paid BY mand.mus Of sns
pes 3 nss
Union Bank, tho .'s seoosasssS ,a q who which = -
Of the population Of hssissippL Various Of ths
LEGISLATURE viz -of February 20, 1S42; February -.
ls4S-and The highest judicial t6una Of the STATE hsss
confirmed their validity, and have no doubt that =
an ;n early dsy such Legislation viii % had y 70 ms.s
the present trust Mississippi though now depressed.
is rich iu agricultural resources and oUg dsrs
gard the moral obiGations resting upon her 70 naks
In confirmation Of what have said in regard 70 ~
legislative and judicial ooncernlng the Stats
bonds issued to the Pianters Bank herewith place =
your hands the documents marked A. The details and
organization Of the trust leave With you. cn.y -
ernor Fish and Bishop McIvan vice chairmon or ysas
body and give % you power 70 make all necesegy
sion II any shall bs found sxpsdent provide for -
expenses OF the trustees and q agents apponas1
necessary for carrying out The provisions Of thus ifusG
All vacancies occurring In your number BY DEATH res
nation o. etherwise shall be oiled by your escssss
- soon = convencnuy may be. and having In view
equality Of representation ~ Tar - regards the NoshsD
and Southern StateA
thirds of the trustees shall Il any time asr the lspss
sf thirty years deem expe1isnt ~ close this trust -
yourselves ana your succesO.. . disrbuss nos -
than two-thrds among such educational purposes
they may determine 4 the States for whose bensdt ths
a. "a -
may be Distributed BY lhs trustees ssr educational e
literary purposss wherever they may deem sxpodIcse
from il csa Sus 81 ths ssss WHOA wish 70 bsosas 4
their exsrfioas p d6uss ~ blolngs q sdscaoa
:ss ass s.
cherish The highest purpose Z plarsg our srsai ooanary
the virtue Of hsr cssna 4 wIi have socompiishsa an
that hops. VIA nversnt recognition of ths nssa
fervsss prayer thss ss1s 1is esdasos your ooa:sss
may BE- drscted for hs hses good os present and ~
ture ssnssssion. y cur ossovsa coassry am sss''s-
wAsmssros Fsb :. 1854.
Ehe following resOutioas were presented BY Bishop
Mcfvans Of Ohio and snsd By those trustees prsssss
In Washington
Where's, Our counfryman and fisnd George Peabody.
has In letter Just communicated ~ tue undcrsiguod
made known hm doterDinaton out OF grateful Sense
his @ aud or n earnest desire % peomo ~ Ssss h.
terests Of his fellow citizens 70 devote mun,ncsns
doneioA Of property Tor certain most wise and bensncsus
Indicated said letter. aud requested 10 take
in the charge and management Or the samo there
fore
Resolved That the undersigned, being the trustees -
sembled N Washington. deeply sensible OF the honor
conferred them BY trust OF such eminen, mportsnce
and responsibility, aud realizing the dependence upon
the guidance and blessing Of God 70 be enabled dis
charge is duties with sucn wisdom and faithfune@
may best the benevolent designs OF the gft %
hereby accopt the ONCE OF trustees Of The same anA
promise our best endcavors In its behalf
Resolved, That hereby express 10 Mr. Peabody our
grateful appreciation of the enlarged and
generosity which. sfer having bestowed the poor -
The city Of London boanty that drew forth the sdmi-
ration u Europe and having exceeded the on hi
recent return 70 his native land Ia bsneactons
tutions of learning and education la the Middle anA
Eastern Stses OF he Union, has crowned whee
with this last deed OF patriotism aud loving kindueas
eminently suod 20 bind together the several parts -
our beloved country In the last bond of mutual veil
doing and regard
Resolved That we express 10 Mr.. Peabody esr ~.
spoctfu and snectionate prayer thai n the grnciou1
providence Of Heavenly Father his valuable life