George Peabody House Museum
205 Washington Street
Peabody, MA 01960
978-531-0355
George Peabody was born here in 1795. The area is industrial. We saw the sign while driving, so made a pit stop – unfortunately it’s not open at the time. He was the American banker in London, and forged a close relationship with William Wetmore who named his son George Peabody Wetmore in 1846.
According to Essex Heritage, aside from museum, it’s also the Peabody Leather Workers Museum – Peabody Visitor Center. The city of Peabody has about 52k population, is known for its rich industrial history. It’s part of Salem. It left Salem in 1752, and named to Peabody in 1868, to honor George Peabody, a resident, and the father of modern philanthropy.
George Peabody had no son, so took on Junius Spencer Morgan as a partner in 1854. Ten years later, after Peabody retired, the business could eventually became J.P. Morgan &. Co. – commercial and investment banking. John Pierpont Morgan was the oldest child of Junius. J.P. Morgan had given birth to JPMorgan Chase, Morgan Stanley, and Deutsche Bank.
