The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-10
TRUSTEES OF PEABODY FUND.
Annual Meeting in New York---To Encourage
Rural Schools IN the touth
CBy the Associated Press.)

(By the Associated Press)
New York, Oct S.-The trustees of the
Peabody Educational Fund held their an
nual meeting here today Chief Justice
Melville w. Fuller presided, with DR..
Samuel A. Green, of Boston, as secretary
The Others present were James D. Por-
ter, Tennessee; j. r. Morgan, New York;
William Courtenay South Car(olina Hen
ders6n NJ. Sommerville, Alabama Charles
E. Fenner, louisiana Daniel c. Gilman,
Washington; Hoke Smith, Georgia; Bish-
op William G. Doan, New York, and Nor
ris K Jessup, New York.
Dr.. Gilman read a tribute to the mem
DRY of the late DR.. j. l.. NJ. Curry, who
was for more than twenty years the exec
utive officer of the board. DR.. Gilman
said DR.. Curry was remarkable man,
both as to the character of his work and
his versatility. The latter quality was
shown in an outline Of his various occu
pations, which includes practice at the bar,
the ministry and a public career in the
Legislature of his State, in the army, IL
the Confederate Congress, in the Congress
of the United States and as minister to
Spain, besides work as a professor, and as
the general agent of the Slater Fund, as
well as of the Peabody Fund At the
conclusion of the tribute Dr. Green, the
secretary of the board, was appointed
general agent. DR.. Green filled the office
during the first term that DR.. Curry
served as minister at Madrid.
A ho Of We
nor Porter viii act as president of the
Peabody Normal College at Nashville, for
another year.
The Normal College at Nashville has had
more assistance from the fund than any
other one institution, receiving $4,000 a
year, half the annual income Of the
fund When the school was founded TWEEN
ty-fve years ago it was the only regular
normal school in the South and for this
reason it was given much financial assist
ance. Now every Southern State has an
equally good normal school, so the trustees
decided to do away with the payment OF
scholarships at the Nashville institution
although the salaries which heretofore
have been paid by the fund will be paid
in future. The money so saved will be
uSGu jill cuCOul dSihS VIZ NA"A SNAANNAS "a
the South.
1t was also decided that in future il
shall be the endeavor of the fund to as
sist summer schools rather than teachers
Institutes" as in the past.
j. Pierpont Morgan presented his report
as treasurer, and it was approved The
fund is about $2,1OO,OOO and the income
about $4,000 The officers of the fund
were reelected for the ensuing year as
follows: Chairman, Melville W. Fuller;
First President, Joseph H. Choate;
Second Vice President, Daniel G. Gilman;
Secretary, Samuel A. Green; Treasurer
j. Pierpont Morgan.
The Executive Committee for the year
includes Courtenay, Gilman, Fenner, Por
ter and Smith, with Chief Justice Fuller
ex-officio. The finance committee includes
Messrs. Fuller Wetmore Somerville, oil
ney, Hoar, and Jessup, with Mr. Morgan
ex-officio.
1t was decided that special meeting Of
the board shall be held in Washington
next January
In the evening the members of the board
had their annual dinner at the Fifth Ave
nue. Hotel