Franklin's Autobiography: (Eclectic English Classics)Franklin, Benjamin
History
Franklin's Autobiography: (Eclectic English Classics)
Franklin, Benjamin
Franklin, Benjamin, 1706-1790
[Footnote 156: The squire of Don Quixote, to whom a duke jokingly
granted the government of an island for a few days. This is one of the
best-known episodes in that amusing history.]
[Footnote 157: The governors of the provinces, who were appointed by
the proprietaries (see Note 1, p. 58).]
§ 8. FRANKLIN ACTS IN CONCERT WITH BRADDOCK'S ARMY.
ORGANIZATION OF MILITIA.
War being in a manner commenced with France,[158] the government of
Massachusetts Bay projected an attack upon Crown Point,[159] and sent
Mr. Quincy to Pennsylvania, and Mr. Pownall, afterward Governor Pownall,
to New York, to solicit assistance. As I was in the Assembly, knew its
temper, and was Mr. Quincy's countryman,[160] he applied to me for my
influence and assistance. I dictated his address to them, which was well
received. They voted an aid of ten thousand pounds, to be laid out in
provisions; but the governor refusing his assent to their bill (which
included this with other sums granted for the use of the Crown), unless
a clause were inserted exempting the proprietary estate[161] from
bearing any part of the tax that would be necessary, the Assembly,
though very desirous of making their grant to New England effectual,
were at a loss how to accomplish it. Mr. Quincy labored hard with the
governor to obtain his assent, but he was obstinate.
I then suggested a method of doing the business without the governor,
by orders on the trustees of the Loan Office,[162] which, by law, the
Assembly had the right of drawing. There was, indeed, little or no
money at that time in the office, and therefore I proposed that the
orders should be payable in a year, and to bear an interest of five
per cent. With these orders I supposed the provisions might easily be
purchased. The Assembly, with very little hesitation, adopted the
proposal. The orders were immediately printed, and I was one of the
committee directed to sign and dispose of them. The fund for paying
them was the interest of all the paper currency then extant in the
province upon loan, together with the revenue arising from the
excise,[163] which being known to be more than sufficient, they
obtained instant credit, and were not only received in payment for the
provisions, but many moneyed people who had cash lying by them
invested it in those orders, which they found advantageous, as they
bore interest while upon hand and might on any occasion be used as
money; so that they were eagerly all bought up, and in a few weeks
none of them were to be seen. Thus this important affair was by my
means completed. Mr. Quincy returned thanks to the Assembly in a
handsome memorial, went home highly pleased with the success of his
embassy, and ever after bore for me the most cordial and affecting
friendship.
Public-domain text, read in full here on John Shaqi.
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