GENEROSITY FOR EDUCATION.

Speech in the Senate, on a Joint Resolution giving the Thanks of Congress to George Peabody, March 8, 1867.

March 5th, Mr. Sumner asked, and by unanimous consent obtained, leave to bring in the following joint resolution, which was read twice and ordered to be printed.

“Joint Resolution presenting the thanks of Congress to George Peabody.

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That the thanks of Congress be, and they hereby are, presented to George Peabody, of Massachusetts, for his great and peculiar beneficence in giving a large sum of money, amounting to two million dollars, for the promotion of education in the more destitute portions of the Southern and Southwestern States, the benefits of which, according to his direction, are to be distributed among the entire population, without any distinction, except what may be found in needs or opportunities of usefulness.

“Sec. 2. And be it further enacted, That it shall be the duty of the President to cause a gold medal to be struck, with suitable devices and inscriptions, which, together with a copy of this resolution, shall be presented to Mr. Peabody in the name of the people of the United States.”

March 8th, on motion of Mr. Sumner, the joint resolution was taken up for consideration, when the latter said:—

MR. PRESIDENT,—I hope sincerely that there can be no question on this resolution. It expresses the thanks of Congress for an act great in itself, and also great as an example.

I recall no instance in history where a private person during life has bestowed so large a sum in charity. Few after death have done so much. The bequest of Smithson, which Congress accepted with honor, and made the foundation of the institution bearing his name and receiving our annual care, was much less than the donation of Mr. Peabody for purposes of education in the South and Southwestern States, to be distributed among the whole population, without any distinction other than needs or opportunities of usefulness to them.