Great Fortunes, and How They Were Made eBook

This eBook from the Gutenberg Project consists of approximately 694 pages of information about Great Fortunes, and How They Were Made.

Great Fortunes, and How They Were Made eBook

This eBook from the Gutenberg Project consists of approximately 694 pages of information about Great Fortunes, and How They Were Made.
to make such arrangements for the reception of the body as he should deem necessary.  Sovereigns, statesmen, and warriors united to do homage to the mortal remains of this plain, simple man, who, beginning life a poor boy, and never departing from the character of an unassuming citizen, had made humanity his debtor by his generosity and goodness.  He was borne across the ocean with kingly honors, two great nations acting as chief mourners, and then, when the pomp and the splendor of the occasion were ended, they laid him down in his native earth by the side of the mother from whom he had imbibed those principles of integrity and goodness which were the foundation of his fame and fortune.

It is impossible to obtain an accurate statement of the donations made by Mr. Peabody to the objects which enlisted his sympathy.  In addition to those mentioned in the list below, he gave away for various public purposes sums ranging from two hundred and fifty to one thousand dollars, and extending back as far as the year 1835.  He divided among his relatives the sum of about three millions of dollars, giving them a portion during his last visit to this country, and leaving them the remainder at his death.

The following is a statement of his more important donations during his life, including the bequests contained in his last will and testament: 

To the State of Maryland, for negotiating the
loan of $8,000,000.................................    $60,000
To the Peabody Institute, Baltimore, Md., including
accrued interest...................................  1,500,000
To the Southern Education Fund........................  3,000,000
To Yale College.......................................    150,000
To Harvard College....................................    150,000
To Peabody Academy, Massachusetts.....................    140,000
To Phillips Academy, Massachusetts....................     25,000
To Peabody Institute, etc., at Peabody, Mass..........    250,000
To Kenyon College, Ohio...............................     25,000
To Memorial Church, in Georgetown, Mass...............    100,000
To Homes for the Poor in London.......................  3,000,000
To Libraries in Georgetown, Massachusetts,
and Thetford, Vermont..............................     10,000
To Kane’s Arctic Expedition...........................     10,000
To different Sanitary Fairs...........................     10,000
To unpaid moneys advanced to uphold the
credit of States...................................     40,000
Total................................................. $8,470,000

The life of such a man affords lessons full of hope and encouragement to others.  In 1856, when on a visit to Danvers, now named Peabody, in honor of him, its most distinguished son and greatest benefactor, he said: 

“Though Providence has granted me an unvaried and unusual success in the pursuit of fortune in other lands, I am still in heart the humble boy who left yonder unpretending dwelling.  There is not a youth within the sound of my voice whose early opportunities and advantages are not very much greater than were my own, and I have since achieved nothing that is impossible to the most humble boy among you.”

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Great Fortunes, and How They Were Made from Project Gutenberg. Public domain.