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
These are but typical instances of the financial complications in which
Franklin was involved from time to time while he was drawing water for all
the congregation of Israel. Long after their date, bills were still making
his life miserable.
This serves chiefly to acquaint you [he wrote on one
occasion to John Adams] that I will endeavour to pay
the Bills that have been presented to you drawn on Mr.
Laurens. But you terrify me, by acquainting me that
there are yet a great number behind. It is hard that I
never had any information sent me of the Sums drawn, a
Line of Order to pay, nor a Syllable of Approbation for
having paid any of the Bills drawn on Mr. Laurens, Mr.
Jay or yourself.
To John Jay about the same time he wrote, "The cursed Bills, as you justly
term them, do us infinite Prejudice." In a letter to John Adams, he speaks
of "the dreaded Drafts." At times it looked as if the stream of French
bounty was at last exhausted. "With the million mentioned," he wrote to
John Adams in substantially the same terms as he had written to Robert
Morris two days before, "I can continue paying to the end of February, and
then, if I get no more I must shut up shop." This was in January, 1782,
when France, in addition to assisting the United States with a fleet and
army, had advanced great additional sums to them since the beginning of the
preceding year. At this time, for very shame Franklin could scarcely pluck
up courage enough to make another pecuniary application to the French
Ministry. In giving in a letter to John Jay his reasons for not holding out
the hope of pecuniary relief to him, he said, "I had weary'd this friendly
& generous Court with often repeated after-clap Demands, occasioned by
these unadvised (as well as ill advis'd) & therefore unexpected Drafts, and
was ashamed to show my Face to the Minister." In the same letter, Franklin
also said: "We have been assisted with near 20 Millions since the Beginning
of last Year, besides a Fleet and Army; and yet I am oblig'd to worry
[them] with my Solicitations for more, which makes us appear insatiable."
Public-domain text, read in full here on John Shaqi.
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