ron; and he is the man who sold me my
first bill of goods.' After he was established in Georgetown, D.C., the
first consignment made to him was by the late Francis Todd, of
Newburyport. It was from these facts that Newburyport was always
pleasant in his memory; and the donation he made to the Public Library
was on his own suggestion, that he desired to do something of a public
nature for our town."
From New England, George Peabody turned his face southward, and entered
the employment of his uncle, Mr. John Peabody, who was engaged in the
dry goods business in Georgetown, in the District of Columbia. He
reached that place in the spring of 1812; but, as the second war with
England broke out about the same time, was not able to give his
immediate attention to business. He became a member of a volunteer
company of artillery, which was stationed at Fort Warburton, but as no
active duty was required of the company, he soon went back to his
uncle's store. His uncle was a poor man and a bad manager, and for two
years the business was conducted by George Peabody, and in his own name;
but at the end of that time, seeing the business threatened with ruin by
his uncle's incapacity, he resigned his situation, and entered the
service of Mr. Elisha Riggs, who had just established a wholesale dry
goods house in Georgetown. Mr. Riggs furnished the capital for the
concern, and Mr. Peabody was given the management of it. Soon after
this, the latter became a partner in the house. It is said that when Mr.
Riggs invited Mr. Peabody to become his partner, the latter informed him
that he could not legally assume the responsibilities of the business,
as he was only nineteen years old. This was no objection in the mind of
the merchant, as he wanted a young and active assistant, and had
discerned in his boy-manager the qualities which never fail to win
success.
The new business in which he was engaged consisted chiefly in the
importation and sale of European goods, and consignments of dry goods
from the northern cities. It extended over a wide field, and gave Mr.
Peabody a fine opportunity for the display of his abilities. Mr. Riggs'
friends blamed him very much for leaving his business so entirely in the
hands of a boy of nineteen; but he had better proof than they that his
affairs were not only in good but in the best hands, and he answered
them all by telling them that time would justify his course. Mr. Peabody
traveled extensively in esta
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