Longworth.
CHAPTER VIII.
GEORGE PEABODY.
Birth and parentage--Early education--His first lessons in business--An
apprentice in a country store--Youthful ambition--A desire for
change--The visit to Post Mills--Removal to Newburyport--Reasons for his
attachment to that place--His first patron--Peabody goes south--A
soldier in the War of 1812-15--A young merchant--A change of
prospects--A partner in the house of Riggs & Peabody--Peabody's business
capacity--An irregular banker--His reputation as a business
man--Promising opening of a brilliant career--Retirement of Mr.
Riggs--Growth of the business--A branch house in London--Mr. Peabody
saves the credit of the State of Maryland--Tribute from Edward
Everett--Success in London--A model American merchant--Establishment of
the house of George Peabody & Co.--The Fourth of July dinner--The
exhibition of 1851--Patriotism of Mr. Peabody--How he saved the United
States from humiliation--Admission of the "London Times"--Mr. Peabody's
business habits--His economy--Adventure with a conductor--Finds a
conscientious hackman--Personal simplicity--Visits to the United
States--His munificent donations--His last visit--Returns to London and
dies--Honors paid to his memory--The funeral ceremonies--His burial at
Peabody--Statement of his donations and bequests--His example
encouraging to the young.
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