The Lincoln County herald., 1869-11-11
Death Of George Peabody.

Death Of George Peabody.
A cable dispatch brings 10 the ssd in
tslliesses this morning Of. the death Of
George Peabody, which occurred at bic
residence in Loadon q half past eleven
last night. In losing George Isabody
America hes lost one Who has dane more
to make her name and credit respected
aud honored BY European nations, than
oil the soldiers, statesmen and ministers
she has produced in the last decade.
His uusssuming department, cheerful
hospitality, practical Christian virtues,
and large benofaotions, have united 10 cast
halo about his name before which those
Of . Bayard aud . Criohton grow pale
indeed. He stood before the age ito
greatest and best man. This proud posi-
ton he gained, not 10 the shedding Of his
fellow men's blood in the stubborn bat
tle-for he was . man of peace not BY
the skillful ohicaneey and Machiavellian
mausuvering Of . diplomat he vas
too honest to be q politician. His fame is
built on more enduring foundation than
any Of these. Az sweet Charity, assum
ing the shape and personality Of . human,
his memory will be loved and honorcd as
long % the heart Of man 10 capable of
revoring that which We are taught is the
very soul Of godliness.
George Peabody was born 10 i'ebrusry,
1895, in the town of Danvers, Massachu.
sets. With an education not extending
beyond reading, writing, and tho com.
monest rules Of arithmetic. be was sp.
prcnticed at an early age to grocer Of
bis native town, with whom he served
four years, at the end, Of which be re-
moved to Thetford, Vermont. where no
renamed year with his grandfather
From thence he proceeded to Ncwbury.
port, where be entered his brothers store
as clerk. A Gre destroying the store
and its contents, he sought out on uncle
residing at Georgetown, D. G., who kindly
set him up in business in his own name.
In this he continued until the year 1841,
when he entered into q co partnership p
with Mr.. Elisha Riggs, who furnished
the capital necessary TO stock large dry
goods establishment, which was exclu-
sively conducted by young Peabody, MIR.
Riggs preferring to be + sileut partner.
Recognizing tho city of Baltimore as
offering larger field Of operations, the
business was removed thence in the fol-
lowing year. Such was the prosperity of
the house they were enabled, in 1922, to
establish branch houses in New York and
Philadelphia.
In 1927 Mr.. Peabody crossed the
Atlantic for the first time, visiting Eu-
rope to make his purchases of goods in
person. Two years afterwards Mr.. Riggs
retired from business, which left Mr..
Peabody tho senior partner in the now
greatest importing and jobbing house in
the country. In 1887 he retired from the
mercantile business and took up his resi-.
dence in London, England, where be en-.
gagged in the business of banking. In all
this long and busy life be never me, o
reverse. Sterling honesty and thorough
business capacity and habits accumulated
for him an almost limitlcss fortune. He
has given away millions to charitable and
benevolent enterprises. His latest con.
tributions were for the purpose Of erect.
ing school houses in tho war dssolated
South. Had he never done more than
these last acts Of bcnevolence, he would
havo done enough to ensure tho perpet.
uation Of his fame among his fellow.
countrymen. A great and q good man
has fallen. Full Of years, and mourned
by an entire world, he has gone to the
grave greater than Caesar. o Charlie.
mango, or nm Atfred.-St. Louis Dis.
patch, Nov. s.