Peabody, George 1795-1869
Philanthropist; born at Danvers, Mass., Feb. 18, 1795.
After serving as a clerk in his uncle's store in Georgetown, D. C., in 1812-13, he became a partner with Elisha Riggs, in New York City, and afterwards in Baltimore.
In July, 1843, he became a banker, in London, and amassed an immense fortune, which he used in making princely benefactions, as follows: To his native town, $200,000, to establish a lyceum and library; to the first Grinnell expedition in search of Sir John Franklin, $10,000; to found an institute of science, literature, and the fine arts, in Baltimore, $1,400,000; and, in 1862, to the city of London, $2,500,000, for the benefit of its poor, for which the Queen gave him her portrait, the city its freedom, and the citizens erected a statue of him. In 1866 he gave to Harvard University $150,000 to establish a museum and professorship of American archaeology and ethnology, and, the same year, to the Southern Educational Fund, just created,