Benjamin FranklinMorse, John T., Jr. (John Torrey)
History
Benjamin Franklin
Morse, John T., Jr. (John Torrey)
Franklin, Benjamin, 1706-1790
It was peculiarly disagreeable to be ceaselessly
appealing for money to an impoverished friend.
Another vexation was found in the way in which the agents of the various
individual States soon began to scour Europe in quest of money. First
they applied to Franklin, and "seemed to think it his duty as minister
for the United States to support and enforce their particular demands."
But the foreigners, probably not understanding these separate
autonomies, did not relish these requisitions, and Franklin found that
he could do nothing. On the contrary, he was hampered in effecting loans
on the national credit; for these state agents, hurrying clamorously
hither and thither, gave an impression of poverty and injured the
reputation of the country, which, indeed, was already low enough upon
the exchanges without any such gratuitous impairment.
February 19, 1780, there was an application from John Paul Jones for
money for repairs on his ships. Franklin approved keeping the vessels in
serviceable condition, but added: "Let me repeat, for God's sake be
sparing, unless you mean to make me a bankrupt, or have your drafts
dishonored for want of money in my hands to pay them."
May 31, 1780, he complains that he has been reproached by one of the
congressional agents whose unauthorized drafts he had refused. He has
been drawn upon by Congress, he says, for much more than the interest,
which only he had agreed to furnish, and he has answered every demand,
and supported their credit in Europe. "But if every agent of Congress in
different parts of the world is permitted to run in debt, and draw upon
me at pleasure to support his credit, under the idea of its being
necessary to do so for the honor of Congress, the difficulty upon me
will be too great, and I may in fine be obliged to protest the interest
bills. I therefore beg that a stop may be put to such irregular
proceedings." It was a reasonable prayer, but had no effect. Franklin
continued to be regarded as paymaster-general for the States in Europe.
Public-domain text, read in full here on John Shaqi.
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