Clarksville weekly chronicle. [volume] (Clarksville, Tenn.) 1865-1867, 1867-02-22
THE PEABODY GIFT.
A Muniicent Donation for the Benc.
at OF the Young Men Of the South
west.

The following letter win expf,iu In Se
tail Mr.. George Peabody's Last mnn,6csa,
igih:
| To the Hon Roher, r, yy;r.,, Sv
Isochu,et,s the JIo, ,toa,;,,., o' P,, wv"
York, the Right Rev Charles p % nsI, ~ Wv
| OF Ohio. Gen n q Cran, Of ~. ir.,.
States A.,nv ,tbe No, W,,,;s,, ~ r,,o ~
Virginia tho lion Inh. II r,;ga wv o'
sachnse,tx Tho Hon wI,;an' ~nS
tA,ro ina W;ll;s,o n E",,. I'm " ~.
York the Uanl w;ii;o,n A cnsIr 81 " .w
,Carolioa CHARLES Man,,,;s,.. ~ =. ~
ynnia Ceorge A p;n~s E.e' s os wuu'
ton San,na1 w.,ss ss'' tr VI "ns"'sg"
ward A. Bradford, ESQ. of Lonisiannn' Go.
N. Eaton, of MARYLAND. and Geo. T.. Russe,l
OF Massachusetts,. ...- E--0
o,r
eenue'.en oeg ieaVe 10 address you
pc', spcn = sao y 'na' occupied my MIND long
o..o,. N,s Engianu' anu IN regard 70 which
v"s ~ 'e''s, VI you--ene non. ar. Wfntrop,
sne nonorsu anu valued friend to whom am
81, 90 "uou ,nueo'eu lor coruiai sympathy, care
lul oohs'uetmuoh ana wise counsel in this
,ua.'s,L"ni 'enenper tnat consulted him
ini'neu,a'e,y upon my arrival IN May last
ee' !" uie educational heeds OF tnose por-
.'vne y, ou' oeroVeu anu common country
wu,en nave su.erea rom tne destructive raw
,':, anu no' rs' ,ess uisas'roas consequences OF
emn VA. WIN my advancing years my
n''acn,neh. 70 my nnuvc land mas become
'no'e uevo'eu' NY nope aud iaith IN lis sue
,eseiu, anu Curious iuture' nave, grown
pr'gn'e. anu stronger aud now, looking
~. ":.u ooy o"u u'y say ou ear.i, us may oe
ierihit'eu W one VINO mas passed the limit Of.
sut.e score anu zen years, see our country
un'eu auu prosperous, emerging nom tho
.,ouus Nheh sun surround nor, taxing o.
nener ranA among tne hauohs ani oecom-
.us '''no' anu naorc Po"eriu' 'nan ever Do
'ore' 't HtH o ahl TleFi.
But to make It's prosperity more than su-
perficial, her moral and mental Developments
should keep pace with her material growth,
and in those portions Of our nation to which
have referred, the urgent and pressing
ph isical needs of an almost impoverished
people must, for some years, preclude them
from making, by unaided effort such ad-
vances in education, and Slch progress in the
diffusion Of knowledge among all classes,
that every lover of his country must earnest
ly desire. ] feel most deeply therefore, that
it Is the duty and privilege of the more fav-
ored and wealthy portions of our nation TO
assist those who are less fortunate, and with
the wish to discharge, so far as | may DO
able, my own responsibility in this matter,
rs well as to crafty my desire to aid those to
whom 1 am bound by so many ties of attach
ment and regard give TO you, gentlemen,
most ., wnom nave oeea my personal and
.sPe'"a i.'enus' une sum OF one m'',ion DOL
ihts ~ oe ny your successors neld IN
uuss anu Tue income 'hereoi used and APP
Pneu !" your u'screuon TOT tne promotiou
anu eueouraeement Oh inteiiectuai, moral or
'nuusIla. euucauon among the young OF the
.no.e uesu'u'e portions OF tne ooutnwestern
Sm'eS Oh our mon, my purpose being thaeN
tne dement's ,n'enued snail oe distributed
a;nong ,ne enure popula',on, without other
uls'ihcuon 'nan .ue'r neeas anu tue oppor.
'unitles OF usefulness 70 them. Besides tho
ihcohe mus devised give you permits
10 use from tno principal sum- within tao
next 'two years' eh amouHt not exceeding 20
per cent. IN auu'uoh 70 this gut ! place In
your hahus o0nus oi 'he ou'te OF Mississippi,
,s'uea 70 'ae rlahters ank ana commonly
SHOWN as r.an'ers DAMN Bonus, amounting
WIN ihteresi' 70 si,ooo,ooo, amount realised
oy you from whicn Is 70 Ds ADDED TO and
useu 'or 'ne purposes OF Vhis trust. These
BONUS were o,'g'naiiy issued IN payment for
sVock III tnat pank heid oy the state and
amounted IN al. 70 nearly $4,000 900
TOT many years tue cta'e received large DIV.
interest on Mes. bonds. wy
~, - tt.1. Il.
ruption until Is4o. since which M ;n,srs.,
has peen maid. excent a nayment os s,nn
900. which wis found In tbe treasurv srn,;
cable to the payment OF the oounon, pr IA
paid by mandamus Of the Snnremo conr,
The validity of these bonds haa never haan
questioned. and thew must not be cors,uua my"