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
[46] The story told by Franklin of a running colloquy between George
Grenville, who had on one occasion, as usual, been denouncing the Americans
as rebels and Colonel Onslow, a warm friend of America, is good enough to
be related. After recalling the Roman practice of sending a commission to a
disaffected province for the purpose of investigating the causes of its
discontent, Onslow declared his willingness, if the House of Commons should
think fit to appoint them, to go over to America _with that honorable
gentleman_. "Upon this there was a great laugh, which continued some time,
and was rather increased by Mr. Grenville's asking, 'Will the gentleman
engage, that I shall be safe there? Can I be assured that I shall be
allowed to come back again to make the report?' As soon as the laugh was so
far subsided, as that Mr. Onslow could be heard again, he added: 'I can not
absolutely engage for the honorable gentleman's safe return, but if he goes
thither upon this service, I am strongly of opinion the _event_ will
contribute greatly to the future quiet of both countries.' On which the
laugh was renewed and redoubled."
[47] The principal features of a plan for the issuance of a stable colonial
currency proposed by Franklin and Governor Pownall to the British Ministry,
in 1764, 1765 and 1766 were these: bills of credit to a certain amount were
to be printed in England for the use of the Colonies; and a loan office was
to be established in each colony, empowered to issue the bills, take
security for their payment and receive payment of them. They were to be
paid in full in ten years, and were to bear interest at the rate of five
per centum per annum; and one tenth of the principal was to be paid each
year with the proper proportion of interest. They were to be a legal
tender.
[48] "Here in England," Franklin wrote to Humphrey Marshall on Apr. 22,
1771, "it is well known and understood, that whenever a Manufacture is
established which employs a Number of Hands, it raises the Value of Lands
in the neighbouring Country all around it; partly by the greater Demand
near at hand for the produce of the Land; and partly from the Plenty of
Money drawn by the Manufacturers to that part of the Country. It seems
therefore the Interest of all our Farmers and Owners of Lands, to encourage
our Young Manufactures in preference to foreign ones imported among us from
distant Countries."
[49]
The patriot, fresh from Freedom's Councils come,
Now pleas'd retires to lash his slaves at home;
Or woo, perhaps, some black Aspasia's charms,
And dream of freedom in his bondsmaid's arms.
To Thomas Hume, Esq., M.D.
From the City of Washington.
[50] By his will Franklin released his son-in-law from the payment of a
bond for £2172, 5s, with the request that he would immediately after the
death of the testator set free "his negro man Bob."
CHAPTER IV
Franklin as a Man of Science
Public-domain text, read in full here on John Shaqi.
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