The True George Washington [10th Ed.]Ford, Paul Leicester
History
The True George Washington [10th Ed.]
Ford, Paul Leicester
Generals -- United States -- Biography; Presidents -- United States -- Biography; Washington, George, 1732-1799
In 1788, “the total loss of my crop last year by the drought” “with
necessary demands for cash” “have caused me much perplexity and given
me more uneasiness than I ever experienced before from want of money,”
and a year later, just before setting out to be inaugurated, he tried
to borrow five hundred pounds “to discharge what I owe” and to pay the
expenses of the journey to New York, but was “unable to obtain more
than half of it, (though it was not much I required), and this at an
advanced interest with other rigid conditions,” though at this time
“could I get in one fourth part of what is due me on Bonds” “without
the intervention of suits” there would have been ample funds. In 1795
the President said, “my friends entertain a very erroneous idea of my
particular resources, when they set me down for a money lender, or one
who (now) has a command of it. You may believe me when I assert that
the bonds which were due to me before the Revolution, were discharged
during the progress of it—with a few exceptions in depreciated paper
(in some instances as low as a shilling in the pound). That such has
been the management of the Estate, for many years past, especially
since my absence from home, now six years, as scarcely to support
itself. That my public allowance (whatever the world may think of it)
is inadequate to the expence of living in this City; to such an
extravagant height has the necessaries as well as the conveniences of
life arisen. And, moreover that to keep myself out of debt; I have
found it expedient now and then to sell Lands, or something else to
effect this purpose.”
[Illustration: LOTTERY TICKET SIGNED BY WASHINGTON]
Public-domain text, read in full here on John Shaqi.
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