The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-11-03
70 WIND UP The PEABODY FUND
TRt SIIIN NtuE I fOMMfTTEI
TD BRING ~ iBOtf.
Notable GathrrinS ef Mrn We'll >iong In
Years Prahosi>', Brnefartious and
~ rhar Has Brrn Made OF Them
- ss,, 900 iia- Be~n Distributed.


briy 1T ru"u from III" North and tn,
SCUM n VIA, Is believed to b. the nex,
g. ,r., la>r # not vhc last yearly meet g
Of 'h.' men v hp have had the trust Steps
~cr. t-b"u lpnAlmg t. the formal d'sso-
luton ut tn. board and IN" distribution
Of IN" remainder ui IN" fund
pur.n- the wear rwp mrun"r- nf tn"
board diri chief Justice Fuller and
Senator Iuhn " Daniel "f Virginia az
th. other fuurt..ru there were prescn,
Ju-., IA "A ,huL,. lnrmrr ambassador
o. Gr"t' brltun Nnp wL- made ChaIr-
mar RIvhard Oln"v. former Attorney
General pr Slammed \ Green. librarian
OF the. Massachusetts Historical Society.
who - SECRETARY Of IA" board, "N-Iiov
James u Porter uf tennessee. j Perpont
Morgan Judge charles r. fenner Of
Louisiana. "N-CiOy AMI Governor elect
Hos" smith IT GrrrGta. Bishop Duane Of
Albany BISHOP Law renee IT Massa-
chIs,'I>. j,rrnylll.' Winthrop Of New
York and Gov Martin Ansel Of South
Carolina tn" ah-eut""s were Juds.
Henderson VI SoInrrV lll' 81 Alabama.
S"anirr Cr.prG" Peabody Wetmore ut
Rhrd" island and Col rheoior. Roos- =
VET ~ No. - sp.lS!uE m the United States
VIZ ,hrarn a. chairman delivered
euloe, on th" late chief Justice Fuller
and uald trlhut" 10 the lat" senator
DANE and then after reports and a
discussion n commute" was appointed
consI-r.n: e M"ssrs Lhoat". Olnev.
Ans,.l. Sml,h and Bishop Lawrence 10
CONSIDER and report whether IN" terms oi
IN. P"lhv'iv | rust r"IuIr" the board now
90 d'>trlbGt" IN" remaining capital, and
II So hv What v't" To- reconsider and
rc-~lnd IN" board = action ~ January -.
1875, To- continue 10 use and apply the
income Of the fund, IN" committee. II
reporting IN favor Of ths present dis
trlbUrIon OF funds To- report >Chcrn" Tor
such a distribution
In tho opinion NJ Pr Green. IN" ssCr.-
tary and oldest member of the board
in point of service. for he has been a
Pea body trustee thirty years. this means
that after tho committee has met and
consIdar..i IN" questions submitted n
il IL will probably call a special meeting
of the board. and the latter will be dis
solve either AZ some special meeting
OF AZ the meeting a year hence. The
Trustees voted Yesterday 20 postpone
tha election II members to -tIccerd Chief
justice Fuller and senator Daniel.
OF the eleven mon who met Yesterday
six We're over ~. according Ia their bIogra-
pherS though most 81 them didn't look
it pr Green CnnfeS~eS 10 NJ and Gov.
Porter 20 - AlongsId. uf them Gov
Ans-l with his ~ was a mer" boy and
Gov. Hnk- Smith who IL IS. was an IN
FAM MIR Choar" who is - IL a class
mate If Dr. Green ut Harvard and they
arr -till joe and sam - each other.
Bishop Doane ID Of tn" sam" age a. Mr.
Choats.
The Peabody Education Fund was
established in 1851 by t,-orgr Peabody.
naive of south panvers now Peabody.
Mas who after accumula'ing a forum"
IN Baltimore went - London and g.
fahll-hsd banking business Owe there
During his lifetime Mir Peabody ~a-
the most notahl" of phIlan'hropI-'s He
gave more than 81 unn rru 70 Baltimore.
with which IN" Peabody Institute. was
established. na made arg. gifts 10 MS /,
narIv.. town. 80 salem and Boston ana
other clrIe-; gave Harvard and Val.
So so each and "-'abli- 81 a fund Of
s. 80" 80 for m" building o' Tod ging
houses In 1881 TWO years r"for" his ,
dearr Mr. Peabody handed over to a
a. . -
VI = I'''''' ~ "'''i' Nv ''''' '''''''
81 2'in'".
O' m" total sum 81. tst"" represented .
Nissl--IvII and Florida stat" hond- 7
which were nirarward rapudntai by
tho-.. states - that the trust was that
much short Of 'h" amount Nlr Peabody
thought he viS giving The trustees
were ~ t"vn'" rhI- 20 IN" ca,i~" II "'lu
cation m 'u.,-.. Southern Satai"- where
~ would seem unr.y - DO tn. most good
/ ney rai authority 20 "Np"nd IA per
cent. ~ ~" principal during the h--' "
two YEAR ana ~" -"-r Wa to r"'nain
unc hangsd fo- 'hrty Year, gift. = b"
made wh"r'' ih. '-ri-'-"- considered
u pc Iu the inte-y Il from 10 income J.
Or Green a.i Yesterday thai including
tn" million dollars given last wear tnth.-
George Peabody Normal collage At Nash .
vile Tenn NJ" u-r"fIC IONS from m"
fund and it, tncp'u". aPIruNinai"i 81
Isu. '-p
Mr. Peabody had talked over his idea
Tor some tim" VIII GOV. Robert & VIM
'hrop ot Ma.~~lr'lri-ett-. who was clos.
friend II .- said Dr I,r--n
4 met Gov Winthrop IN Washington Oh
The tnv f..fyr.. the new wis given out