The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-03-26

The meetings Of the Trustees or the Peabody Educe
tonal Fund for tho benefit Of the Southern and south
western States terminated Friday last, but the
members met Informally on Saturday last. Hon. r. C.
Winthrop len for Boston yesterday morning and Mr..
Peabody left for Springfield, Mass., Sunday night
The following is the action OF eas Trustees
Al meeting OF the Trustees Of this Fund, held in
the city Of New York on the l9h Of March, 1857 and
continued on the soth 2ist and 22d at which were
Hon. Hamilton Fish, Of New York; Right Rev. lhas.
Mcivaine, o. Ohio; General U. s. Grant, Of tho United
states Army Admiral d. @ Faragut Of the United states
Navy; Hon William G. Rivss Of virginia; Hon. John
clifford. of Massachusetts Hon william Aiken, OF south
A Graham, OF North Carolina; Charles Manchester Esq
q Ysnnsylvania: George W. Riggs, Esq, Of WASH
n Eaton, Esq, OF Maryland, and George Peabody nus
SELL Esq, Of Massachusetts, The proceedings were
Immediately aer tho readIsg BY the secretary Of the
record Of the original organization At Washington the
chairman Mr.. WINTHROP, stated that the name OF Ad-
mal Faragut the original list OF desg.
sion omitted il The publication q tina. lls, and
Fanagut desrod that il shoud now be restored where.
upon, on melton Of Hon WMLIAH A. GRAHAM, Of North
voted that the name Of Admiral Faagus placed upon
the roll OF trustees, in tho order originally intended
9Th Of March crdss from Mr. Peabody fos bonds
Ing the whole amount Of his munfcent gn and these
orders were thereupon referred 70 the Finance Com
mittee.
After full discussion Of the subject committed to
them during which tho views Of the founder OF the
trust distinctly explained full report by Mr..
Eaton Of Maryland had been read and considered the
Following report and resolutions by Bishop Mclvaine,
OF Ohio from the Committee Of Investigation and In
qairy, were unanimously adopted
The Committee Of Inquiry, having carefully con-
sider0d the important matters referred To them, beg
leave respectfully to report the following resolutions
Resolved That for the present the promotion Of primary
exist or may need to be be isaans Object
Of the Board in the Of the funds Disposal
~ a A
promove Of the same the Board will have In view the fur
teachers we'll By the endowment scso.rs6ip.
tho aiding Of such s%eos now
be in operation in the Southern and Southwestern States
show 6e eTpedea the promotion q eda.
cation N tue application of science to the industrial pur
!,
the supervisiOn OF the Executive com%ttse the whole
great under such esoutons and Instructions as the
sSs a time Tine K s p dog nou President Of
Brown University Rhode Island, be appointed the general
the Finance commitiss '''A A' ''A's'1 y
iniTusssd soansssion Win
as the board shall from time 70 time adopt
held il s!y q New Yorx ne June
| Committee may direct.
After further discussion the following resolution,
| offered By Mr.. Evarts, Of New York, was adopted
Resolved That this Board viii hold meeting the city Of
Richmond on the third Tuesday Of January next
In accordance with ono Of the foregoing resolutions
the chairman announced the Executive Committee, as
/ follows
| EXECUTIVE COMMITTEE.
RI. Rev. G. p Mclivaine, OF Ohio tCincnnati; Hon.
WIN. Aiken, OF South Carolins (Chariestonl; VIM. n.
Evarts Esq. Of New York New York city,; hon. WIN.
Eaton. Esq, Of Maryland tBaitlmore).
CLIFFORD from appointed 81 on ns
choice Of treasurer, made The following
| khrVhT' !.
The COMMITTEES respectfully recommend the adoption
OF the following resolutions: 3 4M
yea sna rsaas:ed .. Lsasssars e &.
constitute the body OF corporators with power 70 appoint
sas
ter the fund according 70 such byaws and regulations
Resolved That when susS aOt shall b obtained ana
who .h. be
concurrence with the Finance Commitee for the
ihsir iSdsmen, may deemed srpsdisn, - - : :
These resolutions having been adopted, Samuel Wet.
The Finance Committees had been previously appoint.
cd by the Chair, as follows
FINANCE COMMITTED
Messn Hamilton Fish, OF New York; Charles Macal
ester OF Pennsylvania; John H. Clifford OF Massachu
sets; George ". Rsss Of Warrington; samuel Wet
The chairman and Other members having presented q
large number Of applications from various institutions
for aid from tho trustees, was voted that these and
other similar papers be referred to the general agent
~ S s =.
body who at tho invitation Of the trustees, had been
present during considerable pars Of the proceedings,
and ordered 70 be entered on the Records
| To Hon. Robert e. Winthrop. Hon Hamilton Fish, ri
miral D. G. FsrrsSat, Hoo w. c. Rivss Hon. John H.
Clifford Hon. William Aiken Hon. William A. Ora.
sys Es ws,mo1. s ssS
4. Bradford Esq George N Eaton. ESQ.,, and George
/ -Trr,,arsa ,h.t . aouhs ~, han
pressed In regard TO intentions and instructions
the subject Of the distribution OF tho fund intrusted to
and Southwestern States desire distinctly TO say TO
shat my design was TO leave absolute discretion
which the funds should from time TO time be expended
hope that all tie states included in that part Of our
country which Is suffering from the results OF the recent
may later, according to their needs
| celvc more or loss Of the benefit of the fund
But It was not my design 10 bind my trustees to dis.
tribute the benefits OF the fund upon any measure OF
proportion among the States create any claim
the par. of any State to any dstributive share
Still less did | design TO subject the trustees, colec
lively or individually TO any responsibility those
tended TO be benefited TO any individual RESPONSE
by Of any Sort for the management OF the fund com.
| mitted to them.
have entire confidence that they will discharge the
trust with wisdom, equity and fidelity and Leave We 2.
the details Of management to their own discretion. with
''"' '''''''' '''' A' = GEORGE PEABODY
During the last days Of the meeting the Rev Dr.
Sears who had been invited by telegraph 70 assist In the
dellDerntlOns OF come On
Providence for that purpose present. and expressed
his hearty Interest the great work which had been
undertaken, his desire to aid the trustees In any
way his power and presented his general views In
| gard TO the best course TO be adopted.
He withheld. however. any positive acceptance OF his
appointment for further elaboration.
The following resolutions were then offered by Cover
nor Aiken and, after remarks by Bishop McIlvane,
Honorable VIM. g. Rives and Governor Graham, BY
whom they were seconded, wers unanimously adopted
Resolved That tender dstin gushed aud noble
friend Mr.. Peabody, best thanks for his munhoen
hospitality 70 during our sttngs while organizing tho
Board both In Washington and New York.
Reselved That we consider appointment trustees
Of this grand charity high honor and which
" acknowledge most cordially
Resolved That friend being about leave his native
land for England hope that kind Providence will
take him under His guidance and protection and return
i him We trust he will then Abie
the fruits Of the work Of his great charity aud remarkable
| wisdom
Resolved That the Chairman communicate the foreso ing
resolutions Mr. Peabody after the banquet evening
/ prayer by Bishop Mctlvaine, invoking the Divine
| blessing upon the work which bad taus been entered