The Life of George Washington, Vol. 3: Commander in Chief of the American Forces During the War; which Established the Independence of his Country and First; President of the United StatesMarshall, John
History
The Life of George Washington, Vol. 3: Commander in Chief of the American Forces During the War; which Established the Independence of his Country and First; President of the United States
Marshall, John
Generals -- United States -- Biography; Presidents -- United States -- Biography; Washington, George, 1732-1799
The management of the finances had been lately committed to Mr. Robert
Morris, a delegate to congress from the state of Pennsylvania. This
gentleman united considerable political talents to a degree of
mercantile enterprise, information, and credit, seldom equalled in any
country. He had accepted this arduous appointment on the condition of
being allowed the year 1781 to make his arrangements; during which
time, the department was to be conducted by those already employed,
with the resources which government could command. But the critical
state of public affairs, and the pressing wants of the army, furnished
irresistible motives for changing his original determination, and
entering immediately on the duties of his office. The occasion
required that he should bring his private credit in aid of the public
resources, and pledge himself personally and extensively, for articles
of absolute necessity which could not be otherwise obtained.
Condemning the system of violence and of legal fraud, which had too
long been practised, as being calculated to defeat its own object, he
sought the gradual restoration of confidence by the only means which
could restore it:--a punctual and faithful compliance with his
engagements. Herculean as was this task in the existing derangement of
American finances, he entered upon it courageously; and, if not
completely successful, certainly did more than could have been
supposed possible with the means placed in his hands. It is, in no
inconsiderable degree, to be attributed to him, that the very active
and decisive operations of the campaign were not impeded, perhaps
defeated, by a failure of the means for transporting military stores,
and feeding the army.
On determining to enter on the duties of his office, Mr. Morris laid
before congress the plan of a national bank, whose notes were to be
receivable from the respective states as specie, into the treasury of
the United States. Congress gave its full approbation to this
beneficial institution; and passed an ordinance for its incorporation.
Important as was this measure to the future operations of the army, a
contract entered into with the state of Pennsylvania was of still more
immediate utility.
After furnishing flour to relieve the wants of the moment on his
private credit, Mr. Morris proposed to take on himself the task of
complying with all the specific requisitions made on Pennsylvania, and
to rely for reimbursement on the taxes imposed by law, to be
collected under his direction. This proposition being accepted, the
contract was made; and supplies which the government found itself
unable to furnish, were raised by an individual.
[Sidenote: Count Rochambeau marches to the North River.]
Public-domain text, read in full here on John Shaqi.
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