A commemorative postage stamp issued on (31.March.2010) the Death Anniversary of Pachaiyappa Mudaliar, the most munificent patron of learning and religion in modern south India, was born in 1754 in Periapalayam, a village about twenty five miles from Madras, where there is famous Sakthi temple.His father, Visvanatha Mudaliar, had passed away a few months before and he seemed born to destitution and misery.But by dint of unexampled commercial acumen, always regulated by honesty and fairness, he amassed a huge fortune in only forty years, when he passed away in 1794.It was with his money that the first Indian College in Madras was started and, along with it, a number of other educational institutions which keep his memory green.
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