Biographical Memorials of James Oglethorpe: Founder of the Colony of Georgia, in North America. — John Shaqi
Biographical Memorials of James Oglethorpe: Founder of the Colony of Georgia, in North America.Harris, Thaddeus Mason
History
Biographical Memorials of James Oglethorpe: Founder of the Colony of Georgia, in North America.
Harris, Thaddeus Mason
Georgia -- History -- Colonial period, ca. 1600-1775; Oglethorpe, James Edward, 1696-1785
[Footnote 1: The 6th of the excellent _Essays_ by the Rev. Jared
Eliot, _on Field Husbandry, &_ c., 1761, is devoted principally to
recommendations of the culture of mulberry trees for the raising of
silk-worms. In page 161, is a reference to Sir Thomas Lombe, "that
eminent throwster, who erected the great engine in Derbyshire; a
wonderful structure, consisting of twenty-nine thousand five hundred
and eighty-six wheels, all set a going and continued in motion by one
single water-wheel, for working silk with expedition and success." See
also Appendix VII.]
[Footnote 2: Manuscript lecture of J. Willard, Esq.]
A Corporation was formed in London, in 1707, with the professed
intention of lending money to the poor on small pledges, and to
persons of better rank, upon an answerable security, for setting them
up, or assisting them in business. Its capital was then limited to
£30,000, but in 1730 increased to £600,000, and a charter granted to
the Corporation, by act of Parliament. But in October 1731, two of the
chief officers, George Robinson, Esq., member for Marlow, the Cashier,
and John Thompson, the Warehouse keeper, disappeared on the same day.
This gave the Proprietors great alarm; and an inspection of affairs
led to the discovery that for a capital of about £500,000, no
equivalent was found to the value of £30,000; the remainder having
been disposed of by ways and means of which no one could give an
account. In consequence of this defalcation, a petition of the
Proprietors was presented to the Parliament alleging that some who had
been guilty of these frauds had transported themselves to parts beyond
the seas, and carried with them some of the books and effects of the
Corporation; and that there was great reason to believe that such
an immense sum of money could not have been embezzled without the
connivance and participation of others who remained in the kingdom;
but that the petitioners were unable to come at the knowledge of their
combinations or to bring them to justice, unless aided by the power
and authority of that House; and therefore prayed that it might be
afforded.
On the reading of the petition, Mr. Oglethorpe rose and spoke as
follows:
Public-domain text, read in full here on John Shaqi.
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