THE PEABODY TRUST FORMED (1862).

=Source.=--_Annual Register_, vol. 104; _Chronicle_, p. 41.

This great merchant (Mr. George Peabody), mindful of his reception in

this city of his long sojourn, has made to its citizens the splendid

gift of £150,000, with the one only condition, the exclusion from

its management of all sectarianism in regard to religion, and of all

exclusion in regard to politics. The following is the letter which

conveyed this noble gift:

LONDON,

_March 12, 1862_.

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