Peabody, George

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Peabody, George

(pē`bädē, –bədē), 1795–1869, American financier and philanthropist, b. South Danvers (now Peabody), Mass. At the age of 11 he was apprenticed to a grocer, and later (1814) he became a partner in a dry-goods firm in Georgetown, D.C. (now in Washington, D.C.). This firm moved to Baltimore, and he established branches in New York City and Philadelphia. While on a business trip to London, Peabody negotiated (1837) a large British loan that helped save the finances of the state of Maryland, but he refused a commission for his services. Peabody settled (1837) permanently in London; there he set up a brokerage business that became increasingly prosperous, later taking on as a partner Junius Spencer MorganMorgan,
American family of financiers and philanthropists.

Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking. As a boy he became a dry-goods clerk in Boston; later he entered a brokerage house in New York City.
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. Peabody used his influence to better Anglo-American relations and financed the exhibition of American products at the Crystal PalaceCrystal Palace,
building designed by Sir Joseph Paxton and erected in Hyde Park, London, for the Great Exhibition in 1851. In 1854 it was removed to Sydenham, where, until its damage by fire in 1936, it housed a museum of sculpture, pictures, and architecture and was used for
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 exhibition. Prominent among Peabody's philanthropies were large funds given for tenement clearance in London and the Peabody Education Fund of more than $2,000,000, to promote education in the South (partly used for the George Peabody College for Teachers, in Nashville, Tenn., which is now part of Vanderbilt Univ.). He also contributed to museums, universities, and libraries throughout the United States and endowed the archaeological museum of Harvard and the museum of physical sciences at Yale.

Bibliography

See biography by F. Parker (1971).

Peabody, George

(1795–1869) banker, philanthropist; born in South Danvers (now Peabody), Mass. (uncle of Othniel C. Marsh). A Baltimore merchant turned London merchant banker, he amassed a fortune, financed O. C. Marsh's research, and founded among other organizations the Peabody Institutes in Baltimore and Peabody, Massachusetts, the Peabody Museums at Harvard and Yale, and the Peabody Educational Fund.
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amp;nbsp;The George Foster Peabody Awards program is named after American businessman and philanthropist George Peabody and honors the most powerful stories in TV, radio, and online media, according to the (http://www.
George Peabody, partner at Glenbrook Partners, also stated 81% of credit cards, 46% of debit cards and 63% of all cards in the market are chip cards.
George Peabody, partner at Glenbrook Partners, also shared an update, stating that 81 percent of credit cards, 46 percent of debit cards, and 63 percent of all cards in the market are chip cards.
A century and a half ago, a young paleontologist named Othniel Charles Marsh persuaded his uncle, philanthropist George Peabody, to give Yale University $150,000 for a museum of natural history.
It was presumably because of Columbia Square, the blocks of social housing (also now gone) designed by Darbishire next to the Columbia Market, that he was employed by the Peabody Trust, founded and handsomely endowed by the banker and financier George Peabody (1795-1869) in 1862.
Inset top: the George Peabody Library, 1866, Baltimore, MD, USA, and above, the Library of Celus, AD 135.
Ditson Conductor's Award for Service to American Music; the George Peabody Medal for outstanding contributions to music in America, the Gold Baton Award of the American Symphony Orchestra League for "distinguished service to music and the arts," the American National Medal of Arts, France's Officier des Arts et des Lettres, England's Gramophone Award, and was a 1991 recipient of the Kennedy Center Honors.
Carman holds the BM and MM degrees in vocal performance with minors in piano and languages from George Peabody College (Nashville, TN), the DMA degree in vocal performance and pedagogy from the University of Iowa, and has done postdoctoral studies in advanced music analysis and conducting at the University of Houston.
When George Peabody College for Teachers merged with Vanderbilt in 1979, about 53 acres were added.
Merchant banker George Peabody, who had a reputation as a scrooge, actually made an enormous donation to London housing.
Among the characters he profiles are self-made millionaire George Peabody, a merchant banker who managed to overturn his Scrooge-like reputation with a surprising donation, and Samuel Gurney, whose wealth helped the work of his sister Elizabeth Fry, the prison reformer immortalised on today''s five pound note.
One classic example charted by Hislop is that of London banker George Peabody, who built up a massive fortune but then gave most of it to the poor - providing housing for some 50,000 of the capital's needy.