23 FEBRUARY 1867, Page 3

Mr. Peabody has been as generous to the South as.

he has been to London. He has just given 200,0001. in cash and 200,0001. more in Mississippi Bonds,—worth, we fear, scarcely so much as cash,--" to educate the youth of the South, without distinction of -colour." A nobler purpose for a princely gift could scarcely be suggested.