The Life of Benjamin Franklin, Illustrated by Tales, Sketches, and AnecdotesGoodrich, Samuel G. (Samuel Griswold)
History
The Life of Benjamin Franklin, Illustrated by Tales, Sketches, and Anecdotes
Goodrich, Samuel G. (Samuel Griswold)
Franklin, Benjamin, 1706-1790; Statesmen -- United States -- Biography
6. Their first papers made a better appearance than any that had been
before printed in the province. The number of subscribers continually
increased, and the leading men found it convenient to oblige and
encourage the printers. Bradford still printed the votes, and laws,
and public documents; but this business soon fell into the hands of
Franklin.
7. A difficulty now occurred, which had been little expected. Mr.
Meredith's father, who was to have paid for the printing house, was
able to advance only one hundred pounds; and one hundred more were due
to the merchant, who became impatient, and sued them all. They gave
bail, but unless the money could have been raised in season, they must
have sold their press and types, for payment.
8. In this distress, two friends came forward to Franklin, and offered
to advance the money, if he would discontinue the partnership with
Meredith. Each made the proposition separately, and without the
knowledge of the other. These friends were William Coleman and Robert
Grace. Franklin told them that he considered himself under obligations
to the Merediths, and if they should be able to fulfil their part of
the agreement, he could not think of proposing a separation. If they
should finally fail in their performance, and the partnership should
be dissolved, he would then think himself at liberty to accept the
assistance of his friends.
9. Meredith finally proposed a dissolution of the partnership.
Franklin consented, and the whole business was left in his hands. He
then recurred to his friends, and took half of what he wanted from
one, and half from the other. The separation was then publicly
advertised, the old debts were paid off, and the business went on in
the name of Franklin. This was in or about the year 1729.
10. He now obtained several jobs from the government, and was employed
in printing the paper money. A stationer's shop was soon added to his
establishment, and he began to pay off gradually the debt he was under
for the printing house. In order to secure his character and credit as
a trades-man, he was not only industrious and frugal in reality, but
avoided any appearance to the contrary. He dressed plainly, and was
seen at no places of amusement. To show that he was not above his
business, he himself sometimes brought home, on a wheel-barrow, the
paper he purchased at the stores.
11. Being thus considered an industrious and thriving young man, the
merchants who imported stationery were desirous of his custom. Others
proposed supplying him with books, and he went on prosperously. In the
mean time, Keimer's business and credit declined daily, and he was at
last obliged to sell his printing house, to satisfy his creditors. He
went to Barbadoes, and there lived, some years, in great poverty.
[Illustration: Franklin taking home his paper.]
Public-domain text, read in full here on John Shaqi.
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