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Upcoming Events About Historic Smithfield Mission Statement Historic Smithfield seeks to inspire a new generation of Americans through the stories and values of the Preston Family and all those who lived at Smithfield. These values are liberty courage leadership education and justice. Statement on Racism Slavery and Discrimination The SmithfieldPreston Foundation acknowledges and laments the role slavery played in William Prestons Smithfield and the ongoing racial injustice that stemmed from that institution across the United States. Enslaved African Americans and their achievements in the face of slaverys oppression belong at the center of the Smithfield story.