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The Peabody Institute Library was funded by the good graces of George Peabody, (1795-1869). Peabody, having become a wealthy man in Baltimore through commerce during the 1810s and 20s, "gave $300,000 as a beginning sum for the Peabody Institute" in February 1857Peabody dedicated the Institute to the citizens of Baltimore in appreciation of their kindness and hospitality. The Institute was designed to be a cultural center for Baltimore, with plans for an art gallery and music school, as well as a public library. The Peabody Institute west wing opened in 1866. It was transferred to Johns Hopkins.