The story
Founded by Thomas William Rhys Davids in 1881.1
19th century beginnings
Thomas William Rhys Davids was one of three British civil servants who were posted to Sri Lanka, in the 19th century, the others being George Turnour, and Robert Caesar Childers (1838–1876). At this time Buddhism in Sri Lanka (then Ceylon) was struggling under the weight of foreign rule and intense missionary activity by Christians. It was an administrative requirement that all civil servants should be familiar with the language, literature, and culture of the land in which they were posted, so the three men studied with several scholar monks where, along with an introduction to Sinhala culture and language, they became interested in Buddhism.
The Pali Text Society was founded on the model of the Early English Text Society with Rhys Davids counting on support from a lot of European scholars and Sri Lankan scholar monks. The work of bringing out the Roman text editions of the Pāli Canon was not financially rewarding, but was achieved with the backing of the Buddhist clergy in Sri Lanka who underwrote the printing costs. Childers published the first Pāli-English dictionary in 1874.
20th century
This was superseded in 1925 by the new dictionary which had largely been compiled by T. W. Rhys Davids over 40 years, but was finished by his student William Stede. Currently another dictionary is being compiled by Margaret Cone, with the first of three volumes (A - Kh) published in 2001.
By 1922, when T. W. Rhys Davids died, the Pali Text Society had issued 64 separate texts in 94 volumes exceeding 26,000 pages, as well a range of articles by English and European scholars.
The Pali Text Society signed an MoU between the Dhammakaya Foundation, Thailand, on 1996 for collaboration and published the entire PTS edition of the Pāli canon on CD-ROM.
Preservation of palm-leaf manuscripts
In 1994, the Pali Text Society inaugurated the Fragile Palm Leaves project, an attempt to catalogue and preserve Buddhist palm-leaf manuscripts from Southeast Asia. Prior to the introduction of printing presses and Western papermaking technology, texts in Southeast Asia—including the Pāli scriptures—were preserved by inscription on specially preserved leaves from palm trees. The leaves were then bound together to create a complete manuscript.
While palm-leaf manuscripts have likely been in use since before the 5th century CE, existing examples date from the 18th century and later, with the largest number having been created during the 19th century. Because of the materials used and the tropical climate, manuscripts from earlier eras are generally not found intact in palm-leaf form, and many manuscripts have been badly damaged. During the colonial era, many palm-leaf manuscripts were disassembled and destroyed, with individual pages of texts being sold as decorative objets d'art to Western collectors.
The Pali Text Society created the Fragile Palm Leaves project to collect, catalogue, and preserve these artifacts, including scanning them into electronic formats in order to make them available to researchers without threatening their preservation. In 2001 the project was formalised as a nonprofit in Thailand as the Fragile Palm Leaves Foundation.
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In February 2013, the Pali Text Society, Sendai University, and the University of Toronto, along with local partners, began an ongoing initiative to digitise and catalogue Myanmar's palm-leaf manuscripts, including collections from U Pho Thi Library in Thaton, and Bagaya Monastery in Inwa. The digitised manuscripts are available at the open-access Myanmar Manuscript Digital Library.
From Wikipedia’s article on Pali Text Society, shared under CC BY-SA 4.0.3