The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1867-04-04
The Peabody Education Fund--.Plan
OF Operations Agreed UpOn.

The slttings of Mr.. George Peabodys
Trustees of the Education Fund for the
benefit of the Southern and Southwest
ern States was concluded last week, and
the official proceedings will soon be pub
lished. The various sessions Of the board
took place at the Fifth Avenue Hotel on
the 10th, Goth, 2lst and 22d of this
month The following named trustees
were present: Messrs Winthrop, Fish,
fycIlvaine, Grant, Farragut, Rives, Cliff
ford, Aiken, Evarts, Graham, Macales-
ter, Riggs, S. Wetmore, Eaton and &.
p Russell.
After the reading of the record Of
original organization, it was found that
Admiral Farrag gut name, through some
misapprehension, was omitted from the
published roll. 1t was duly placed in its
proper order Orders We're received from
Mr.. Peabody for bonds covering the
whole amount of his gift, and they we're
referred to the Finance Committee.
A full discussion of the subject before
the board took place the founder views
We're clearly expressed, and a report from
the committee of investigation and IN
uuiry was made in the shape OF resolu-
lions. 1t was determined that for the
present the leading purpose would be to
create or carry on primary or school edu-
cation. Normal schools will be establish
ed. or where existing, aided, to prepare
teachers and to endow scholarship in ex
listing southern institutions. To promote
education as applicable to industrial pur-
suits, will also be an object of the board.
Under the guidance OF the Executive
Committee, a general agent is to be Sc
lected to carry out Mr.. Peabody's views.
Rev Dr. Sears, of Brown University,
was invited to accept the office. He
holds the invitation under deliberation.
An Executive Committee Of five is to be
elected annually. The next annual meet
ing will take place III New York Oh the
second Tuesday in June, 1868. A meet
ing will be held in Richmond on the
third Tuesday of next January. The
present Executive Committee consists Of
Messrs. McIlvaihe, Aiken, Evarts, Gra
ham, Eaten, and the Chairman OF the
Board Mr.. Winthrop ce-o6icto.
Governor Clifford on the subject Of
legal organization, custody of funds and
choices of treasurer, reported that Cow
ernor Fish and Mr. Evarts be authorized
to procure an act Of incorporation for the
trustees from the legislature Of New
York. Adopted Samuel Wetmore was
chosen treasurer. The Finance Commit
tee consists of Messrs Fish, Manchester,
Clifford, Riggs and S. Wctmore. A
large number of communications asking
for aid for southern institutions were
ordered to be referred to the general
agent.
A letter was received from Mr.. Pea
body explanatory of his views. He
leaves to the board absolute discretion as
to the particulars localities in the south
ern and southwestern states, and hopes
all parts of the country ravaged by war
may eventually receive benefits from the
funds in any measure of proportion to
the states, or create any claim to dis
tribuiive share. The trustees, collect
lively or individually, are held to no re-
sponsibility. They have power and a
trust The resolution in honor of Mr.
Peabody cited by Mr. Winthrop at the
banquet were then adopted.
Bishop McIlvaine closed the proceed
ing with prayer, the board abjourning,
sine die, but liable to be called together
by the Executive Committee at any time
when circumstances may require action.
N. y Post, 18th.