George Peabody was an American financier and philanthropist. He is often considered the father of modern philanthropy.
Peabody in c. 1850
Peabody's birthplace, now the George Peabody House Museum, in Peabody, Massachusetts
The Peabody Trust continues to provide cheap housing in central London. This sign marks the Horseferry Road Estate in Westminster.
The first block of Peabody dwellings in Commercial Street, Spitalfields, London. A wood-engraving published in The Illustrated London News in 1863, shortly before the building opened.
Junius Spencer Morgan I was an American banker and financier, as well as the father of J. P. Morgan and patriarch to the Morgan banking house.
George Peabody
…banker and helped to establish the young country's international credit. Having no son of his own to whom he could pass on his business, Peabody took on Junius Spencer Morgan as a partner in 1854, and their joint business became the global financial services firm J.P. Morgan & Co. after Peabody's 1864 retirement. In his old…
Junius Spencer Morgan Project Gutenberg e Text 17976
Morgan's decision to finance the French during the losing days of the Franco-Prussian War netted him a profit of £1.5 million.
Morgan's eldest son, J. P. Morgan, photographed by Steichen in 1903