London based philanthropist George Peabody donates a further $200,000 to the Peabody Institute in Baltimore
The American-born British philanthropist George Peabody sent word from London that he was donating a further $200,000 to the institute that bears his name in Baltimore. Newspapers claimed that his total endowment to the Institute now had reached half a million dollars. (By John Osborne)
The American Almanac and Repository of Useful Knowledge for the Year 1860 (Boston: Crosby, Nichols, and Company, 1859), 385.