Benjamin Franklin; Self-Revealed, Volume 2 (of 2): A Biographical and Critical Study Based Mainly on his own WritingsBruce, Wiliam Cabell
History
Benjamin Franklin; Self-Revealed, Volume 2 (of 2): A Biographical and Critical Study Based Mainly on his own Writings
Bruce, Wiliam Cabell
Franklin, Benjamin, 1706-1790
probably he might conceal this from his Lady to induce
greater Economy as it is known that he ordered no more
of his Income home than was absolutely necessary for
his Subsistence, but plac'd it at Interest in
Pennsylvania & the Jerseys, where he could have 6 and 7
per Cent, while Money bore no more than 5 per cent in
England. I us'd often to hear of those Complaints, and
laugh at them, perceiving clearly their Motive. They
serv'd him on other as well as on domestic Occasions.
You remember our Rector of St. Martin's Parish, Dr.
Saunders. He once went about, during a long and severe
Frost, soliciting charitable Contributions to purchase
Coals for poor Families. He came among others to me,
and I gave him something. It was but little, very
little, and yet it occasion'd him to remark, "You are
more bountiful on this Occasion than your wealthy
Proprietary, Mr. Penn, but he tells me he is distress'd
by not receiving his Incomes from America." The Incomes
of the family there must still be very great, for they
have a Number of Manors consisting of the best Lands,
which are preserved to them, and vast Sums at Interest
well secur'd by Mortgages; so that if the Dowager does
not receive her Proportion, there must be some Fault in
her Agents. You will perceive by the length of this
Article that I have been a little _échauffé_ by her
making the Complaints you mention to the Princess
Dowager of Lichtenstein at Vienna. The Lady herself is
good & amiable, and I should be glad to serve her in
anything just and reasonable; but I do not at present
see that I can do more than I have done.
And Thomas Penn, too, like St. Sebastian, will never be drawn without
_that_ arrow in _his_ side.
When Franklin was appointed agent, the provincial treasury was empty, but
so deeply aroused was public sentiment, in favor of the substitution of a
royal for the proprietary government, that the merchants of Philadelphia in
a few hours subscribed a sum of eleven hundred pounds, to defray his
expenses. Of this amount, however, he refused to accept but five hundred
pounds, and, after a trying passage of thirty days, he found himself again
at No. 7 Craven Street.
So far as the immediate object of his mission was concerned, it proved a
failure. Before he left Pennsylvania, George Grenville, the Prime Minister
of England, had called the agents of the American Colonies, resident at
London, together and informed them that a debt of seventy-three millions
sterling had been imposed upon England by the recent war, and that he
proposed to ask Parliament to place a part of it upon the American
Colonies. In the stream of events, which began with this proposal, the
proprietary government in Pennsylvania and the royal governments in other
American Colonies were alike destined to be swept away.
Public-domain text, read in full here on John Shaqi.
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