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George Peabody's Philanthropy

During the American Civil War, Peabody transformed from Iron Rooster to Santa Claus.

"His benevolence in his later years was as excessive as his greed in his early years."

As early as 1857, Peabody began to fund a "Peabody College" in Baltimore; in 1862, he began to transfer 150,000 pounds to a trust fund for the construction of poor housing projects in London, and also established

The deed transferred 5,000 large blocks of his stock in another company to keep the complex running.

For this, he was awarded the title of "Honorary Citizen of London".

Toward the end of his life, his charity reached staggering proportions: a history museum was donated to Yale University; a museum of archeology and anthropology to Harvard University; and an educational foundation was established for emancipated blacks in the South.

Hugo wrote: "In this world, there are people full of hate and people full of love. Peabody belongs to the latter. It is on the face of such a person that we see the smile of God." This is for George

Peabody, the original founder of the Morgan syndicate, received the highest praise.