Early Life
He was born to George Henry Peabody and Elvira Peabody (née Canfield) as the first of four children. Both parents were native New Englanders of colonial ancestry. George Henry Peabody, who came from a line of merchants, bankers and professional men, had moved from Connecticut to Columbus, Georgia, where he ran a prosperous general store. After attending private school in Columbus, young Peabody spent a few months at Deer Hill Institute in Danbury, Connecticut. The Civil War, however, impoverished his family, and in 1866 they moved to Brooklyn, New York and young Peabody went to work in a wholesale dry goods firm, advancing rapidly.
Read more about this topic: George Foster Peabody
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