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ERIC Number: ED388571
Record Type: Non-Journal
Publication Date: 1995-Sep
Pages: 13
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
George Peabody (1795-1869): Merchant, Banker, Philanthropist.
Parker, Franklin; Parker, Betty J.
This paper traces events in the life of George Peabody. Born in Danvers, Massachusetts near Boston, Peabody attended a district school for four years and was apprenticed in a general store at an early age. After four years of apprenticeship, Peabody worked with his brother in a drapery shop, then traveled to the District of Columbia with his uncle to open a store at age 16. By 19, Peabody was in partnership in the firm Riggs, Peabody and Co., a drygoods importing and wholesaling business now relocated in Baltimore (Maryland). Highlights of Peabody's life are noted: (1) he was a financier in the sale of state bonds abroad; (2) he was disappointed in romance; (3) he was snubbed by British aristocracy until the Duke of Wellington accepted his invitation; (4) he had made numerous endowments to cultural institutes, low-cost housing in England, science museums, and libraries which were named after him; (5) he had worked to restore an educational system to the South after the devastation of the Civil War; and (6) at his unusual funeral there was a public display of sorrow. (EH)
Publication Type: Information Analyses; Speeches/Meeting Papers
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A