The Booker T. Washington Papers, Vol.3, page 86, Oct. 1890, U. of Illinois Press

The page presentation framework of the Booker T. Washington papers is designed to provide researchers worldwide with searchable access to the thousands of pages comprising the fourteen volumes, most of which are out of print. Adapted from the National Academy Press's Open Book framework, this framework allows searching down to the page level, provides sorting of search results chronologically, enables easy navigation across multiple volumes, and allows page-by-page local printing (via PDF) of every page.

[ Top of Page ]

[ Home ]

[ Contact Us ]

[ Help ]

OCRed data provided for searching only.
The BOOKER T. WASHINGTON Papers should either see her, or ask the advice of some good business man like Mr Peabody of the Banking film of Spencer Track and Co of New York, R C Ogden of Phila or William Endicatt Jr2 of C. F. HoveY & O _ Co Summer St. as to the best and safest investment. The rate of interest is so low on all safe investments, that it seems a pity that this money could not be used toward the purchase of a farm that will be so much more profitable to the School. Perhaps Miss Stokes would consent to have her gift used in this way, though she would wish to be assured that the rest of the purchase money would be forthcoming, and that her donation would not be swallowed up by a forced sale of the land at a sacrifice. Have you no business friend in N.Y. who knows Miss Stokes and could see her and set forth the advantages of the investment. But it is of the first importance that the wishes of the donor of this first contribution to your Endowment, should be sacredly fulfiHed. Yours faithfully J. F. B. Marshall ALS Con. 94 BTW Papers DLC. ~ George Foster Peabody (~852-~938), born in Columbus, Gal, moved with his impoverished parents to Brooklyn, N.Y., after the Civil War. There, forced to leave school and become an errand boy, he eventually amassed a fortune in banking and investments, particularly western and Mexican mines and railroads. He was a leading Gold Democrat in the Bryan era and was Democratic national treasurer in 1904. One of his chief interests was education. He had a paternal interest in both white and black southerners, and gave large sums to white colleges and black industrial institutes. He became a charter member of the Southern Education Board in egos, and for years was treasurer of the General Education Board. His connection with Hampton Institute, on whose board of trustees he served, probably first brought him into contact with BTW. Approving of BTW's emphasis on industrial education, he became a benefactor of Tuskegee Institute. As early as 1889 he donated $75 to the school, and he served on its board of trustees from Too to 1 I. He was a friend and adviser of Woodrow Wilson and of Franklin D. Roosevelt, whom he interested in the development of Warm Springs, Ga. Peabody married Katrina Trask, widow of his banking partner' after a courtship of decades. They made her home, Yaddo, on Lake George, a summer resort for artists. 2 William Endicott, Jr. ~ ~ 826-~ 9 ~ 4) was after ~ 850 a partner in the dry-goods firm of Charles Fox Hovey. He also had banking and railroad interests. Though never a political officeholder, he took a strong interest in politics, first as a member of the Free Soil party and later as a delegate to the first Republican convention, in 1856. In the 1880s he became a Mugwump. Among the objects of his philanthropy were Massachusetts Institute of Technology, the Boston Museum of Fine Arts, and the Perkins Institute for the Blind. As treasurer of the Perkins Institute, he became a personal friend of Helen Keller. 86