Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1905-02-01
UNIVERSITY FOR TEACHERS.
Important Action Taksa By tho Board oi
Trustees OF the Peabody Fund.
[speoial to the MOVE and coarier.I

of trustees of the Peabody Trust
Fund to-day, at its annual meeting
in this city decided to appropriate
$1,O00,O00 for the establishment of
the George Peabody College for
Teachers at Nashville, Tenn. The
original thought expressed by George
Peabody in his trust letter of 1867,
and also by the Hon. Robert G. Win
throp, chairman of the board for
many years, found expression in the
action of the trustees to-day.
The meeting was held at the Ar
lington Hotel, and thirteen of the
sixteen members were present.
President Roosevelt, who is men,
Der of the board ex. ofiicio, was pres
ent and participated in the consider
ton of the matters which came be-
fore the trustees.
The others in attendance we're
Chief Justice Fuller, president of the
board; DIR. Daniel G. Gilman, of
Maryland, second vice president; DIR.
Samuel A. Green, of Boston, general
agent of the board Senator George
Peabody Wetmore, of Rhode Island /;
J. Pierpont Morgan, of New York !;
Ex-Governor James ID. Potter, of
Tennessee William A. Courtenay,
of South Carolina; Henderson M.
Someryille, of AlaLsma; Morris X.
Jesup, of New York; the Rt. Rev.
William Lawrence, of Massachu-
setts, and Richard Olney, of Massa-
chusetts.
The absentees were Bishop Doane,
of New York; Elihu Root, New
York, and Hoke Smith, of Georgia.
After a full discussion of the edu-
cational question and the intentions
of Mr.. Peabody, a vote was taken on
the proposition to appropriate 81 ,0OO,-
600 for the George Peabody College
for Teachers at Nasl vile, and it was
carried, the appropriation for that
purpose being made by vote that
was unanimous. The vote on the
question of dissolving the Peabody
Trust produced considerable discus
sion. Several members expressed
very positive opposition to the move
to dissolve, and when the vote was
taken it stood II to 2.
The city of Nashville and the State
of Tennessee agree TO contribute
three-quarters of a million of dollars
for the use of the new institution.
The board resolved to expend the
balance of the trust fund in the
Southern States. 1t will be remem-
bered that Mr.. Peabody made this
munifcent beguest in the interest of
the twelve Southern States just after
the war of the States had closed. 1t
is believed to be the most powerful
promoter of educltioa that has ex-
listed in the Southern States for the
past thirty eight years.
There were two propositions before
the board as to the disposition of the
the fund, one was that the fund
should be expended in the establish
ment Of several schools. That propo-
sition had no supporters to-day.
j. Pierpolt Morgan made the
motion for the establishment of the
Peal Jdy College at Nashville, and
President Roosevelt supported the
motion in some appropriate remarks,
asking numerous questions of South
ern mem bers bearing upon education
in the South
Former Mayor Courtenay, of
Charleston, also participated in the
discussion, replying to several of the
inquiries made by President Roose-
welt. Mr.. Courtrnay expressed the
opinion of the Southern trustees in
saying that to-day's action is a high
ly appreciated and gratifying result,
as there will be at an early day, an
institution equipped to give to the
higher education of teachers, who,
after having finished at the normal
schools in the twelve States, VII go
to Nashville for the ost-graduate
coarse.
IL mas also dpcided To close The