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
After the retirement of Franklin from active business, he still continued
to hold his office as Postmaster at Philadelphia, and, while holding it, he
was employed by the Deputy Postmaster-General for America as his
comptroller to examine and audit the accounts of several of his subordinate
officers. Upon the death of the Deputy Postmaster-General, he was appointed
his successor, jointly with William Hunter, of Virginia, by the British
Postmasters-General. When the pair were appointed, the office had never
earned any net revenue for the British Crown. Under the terms of their
appointment, they were to have six hundred pounds a year between them, if
they could make that sum out of its profits, and, when they entered upon
it, so many improvements had to be effected by them that, in the first four
years, it ran into debt to them to the extent of upwards of nine hundred
pounds; but, under the skilful management of Franklin, it became
remunerative, and, before he was removed by the British Government, after
his arraignment before the Privy Council, it had been brought to yield
three times as much clear revenue to the Crown as the Irish Post-office.
"Since that imprudent transaction," Franklin observes in the
_Autobiography_, "they have receiv'd from it--not one farthing!"
On August 10, 1761, eight years after the appointment of Franklin and
Hunter, and a few weeks before Foxcroft succeeded Hunter, there was a net
balance of four hundred and ninety-four pounds four shillings and eight
pence due by the American Post-office to the British Crown; which was duly
remitted. "And this," exclaims the astonished official record of the fact
in England, "is the first remittance ever made of the kind." Between August
10, 1761, and the beginning of 1764, the net profits of the American
Post-office amounted to two thousand and seventy pounds twelve shillings
and three and one quarter pence, and drew from the British
Postmasters-General the statement, "The Posts in America are under the
management of persons of acknowledged ability." With this record of
administrative success, it is not surprising that, when Franklin was
removed from office, he should have written to Thomas Cushing these bitter
words:
Public-domain text, read in full here on John Shaqi.
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