Debts hopeful and desperate : $b Financing the Plymouth Colony — John Shaqi
Debts hopeful and desperate : $b Financing the Plymouth ColonyMcIntyre, Ruth A.
History
Debts hopeful and desperate : $b Financing the Plymouth Colony
McIntyre, Ruth A.
Massachusetts -- History -- New Plymouth, 1620-1691
In his business career, Keane asserted that he was “self-made,” with
no inheritance from his father. After apprenticeship in the Merchant
Taylors’ Company, he took a shop in Birchin Lane, a street where the
sellers of clothing displayed their wares. Either because of his
fortunate marriage to the daughter of a gentleman or, more likely,
because of success in business which enabled him to accumulate an
estate of some £2000 or £3000, he enjoyed the modest rewards of a
prosperous citizen, such as membership in the Honourable Artillery
Company of London. His routine business included supplying liveries for
the pages and footmen of the Lord Chamberlain. Keane was associated
with James Sherley and the other merchants who furnished Plymouth
with capital and direction. With Sherley he signed a letter to the
colonists in 1624, and Peirce mentions him as an “assistant.” In the
list of 1626, Keane was among the five designated to receive the £1800
to be paid by the Colony. In the Massachusetts Bay Company he was one
of the inner ring of “Undertakers.” Keane was also the leading spirit
in the organization of the Ancient and Honorable Artillery Company of
Massachusetts. He served as the first captain of this military company,
the earliest to be chartered in America.
The religious pressures upon a conscience like Keane’s are
unmistakable, for amidst all the troubles he suffered in Massachusetts
he described the new commonwealth, in its closeness to the Gospel, as
little different from that which had summoned him to leave England in
1635. Of those who came to Boston, he was remarkable for his wealth
and his successful application of it to new kinds of profitable
transactions, such as investment in land and trade to Bermuda or the
West Indies. In time, he installed his son, Benjamin, in Birchin Lane
in London to act as his agent and to sell cloaks. Keane’s career is
a model of the intertwining of “merchandise, reading and writing,”
all matters of importance to Puritans anxious to redeem their time on
earth.[30]
Public-domain text, read in full here on John Shaqi.
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