The Kosciusko star., 1895-02-08

Justice of the United States, ana
men of equal eminence in Eng
land,
The Southern States in particu-
| lar are to unite in honOring Pea
bodv's memory. The Southern
States have been benefited most
|bv his money. Three and a
half millions OF George
Peabody's money is today devoted
to educating the children Of the
cotton belt. Vet there is no part
I of this country and Great Britain
/ in which George Peabody's money
is not doing good to somebody.
Peabody, Mass, has 100000 of
lit in the town library and lyceum
The neighboring town of Danvels
has a large amount. Baltimore
has 100000 and more in her
institute, London has $4,000, 600
given over to the benefit of the
poo of the metropolis. Harvard
University has 5000, 900 Of the for
tune in her endovments. Yale
possesses even more in her scien-
tiic educational fund.
George Peabody began life as a
poor boy. Everybody knows the
story of his life. 1t differs from
the typical career of the poor boy
risen to wealth, only in its super
Iative success and from the manner
in which the money was parted
with. George Peabody gave away
his fortune in his life time,
February IS, 1895, is the exact
date Of his birth. 1t took place
at South Danvers, now Peabody,
in the Bay State. The biographerS
dwell with the usual enconiums
upon his early Industry. We are
edited with the inevitable detail
concerning his early battle with
poverty and the industry and pro-.
bity displayed by him when he
clerked in his uncle's store in 1912.
He went into partnership with a
mercantile trader the. year follow
ing, doing business in New York
and Baltimore. He made money
The biographers tell us how he
did it. and seem to know so well
that ore wonders why thsy did not
20 and do likewise. BY lS43 Pea
body had competence and he set
up in London as a banker. Every
thing he touched, as they have it
in the biographies, turned to gold.
No sooner had Peabody brought
the golden avalanche down upon
himself than he proceeded to get
rid Of it. How he got rid of it the
world knows, and will commemor-
ate this coming 18th of February.
1t is not often that a fund like
the Peabody accomplishes its OBJ.
ject. But the dead mans millions
have achieved that distinction
His money was primarily intended
to give 3 this country a universal
common school system. 1t has
made our common school system
truly national. The South in par
ticular is indebted to it on this ac-
count. Today the fund accom-
plshes much in the education of
school teachers. TIE normal
school is practically sustained by
George Peabody's millions. When
the normal school system of one
State gets upon its feet, the fund
is placed at the disposal of some
other State.
Unusual, too, is the SUCCESS with
which the fund has been admins
tered. 1t constantly increases. Its
headquarters in the United States
are maintained at Washington.
The trustees hold meetings annu-
ally. There is vacancy among
them now, owing to the death of
Robert G. Winthrop. the late ven
cradle statesman Of Massachusetts,.
This will be filed next autumn.
Their forthcoming meeting-the
centennial memorial one-wll be
Aeld in Washington. DR.. Jahc2
l.. M. Curry, who is practically
actuary Of the fund and has charge
Of the distribution of it among the
Southern States, will deliver the
memorial address. The school OF
geology at Yale will observe the
day as that ofa founder. Harvard
holds reunion of the classes Of
ethnology and archaeology. John
Hopkins will hear an address in
honor of the day by its president,
y. Z. Gilman, trustee of the
/ Ca. j