Fountain of Time, in Chicago's Washington Park, was dedicated as a tribute to 100 years of peace between the United States and Great Britain following the Treaty of Ghent.

Fountain of Time, or simply Time, is a sculpture by Lorado Taft, measuring 126 feet 10 inches (38.66 m) in length, situated at the western edge of the Midway Plaisance within Washington Park in Chicago, Illinois, in the United States. The sculpture is inspired by Henry Austin Dobson's poem "Paradox of Time". Its 100 figures passing before Father Time were created as a monument to the 100 years of peace between the United States and the United Kingdom following the Treaty of Ghent in 1814. Father Time faces the 100 from across a water basin. The fountain's water was turned on in 1920, and the sculpture was dedicated in 1922. It is a contributing structure to the Washington Park United States Registered Historic District, which is a National Register of Historic Places listing.

Washington Park is a 372-acre (1.5 km²) park between Cottage Grove Avenue and Martin Luther King Drive, located at 5531 S. Martin Luther King Dr. in the Washington Park community area on the South Side of Chicago. It was named for President George Washington in 1880. Washington Park is the largest of four Chicago Park District parks named after persons surnamed Washington. Located in the park is the DuSable Museum of African American History. This park was the proposed site of the Olympic Stadium and the Olympic swimming venue for Chicago's bid to host the 2016 Summer Olympics. Washington Park was added to the National Register of Historic Places on August 20, 2004.

The Treaty of Ghent was the peace treaty that ended the War of 1812 between the United States and the United Kingdom. It took effect in February 1815. Both sides signed it on December 24, 1814, in the city of Ghent, United Netherlands. The treaty restored relations between the two parties to status quo ante bellum by restoring the pre-war borders of June 1812. Both sides were eager to end the war. It ended when the treaty arrived in Washington and was immediately ratified unanimously by the United States Senate and exchanged with British officials the next day.