Ethan is exactly right. You can even buy special pelletized peat for putting into aquarium filters. And for increasing pH, calci-sand, crushed coral, or limestone can be used. But really, I wouldn't mess with pH 7.5 unless it tends to shift, or unless you have a species with specific needs. Most aquariums tend to drift toward a lower pH, as the biochemical processes in the tank produce a bit of acid over time.