Robert Morris: Financier of the American RevolutionSimon and Schuster, 2010 M11 2 - 640 pages In this biography, the acclaimed author of Sons of Providence, winner of the 2007 George Wash- ington Book Prize, recovers an immensely important part of the founding drama of the country in the story of Robert Morris, the man who financed Washington’s armies and the American Revolution. Morris started life in the colonies as an apprentice in a counting house. By the time of the Revolution he was a rich man, a commercial and social leader in Philadelphia. He organized a clandestine trading network to arm the American rebels, joined the Second Continental Congress, and financed George Washington’s two crucial victories—Valley Forge and the culminating battle at Yorktown that defeated Cornwallis and ended the war. The leader of a faction that included Benjamin Franklin, Alexander Hamilton, James Madison, and Washington, Morris ran the executive branches of the revolutionary government for years. He was a man of prodigious energy and adroit management skills and was the most successful businessman on the continent. He laid the foundation for public credit and free capital markets that helped make America a global economic leader. But he incurred powerful enemies who considered his wealth and influence a danger to public "virtue" in a democratic society. After public service, he gambled on land speculations that went bad, and landed in debtors prison, where George Washington, his loyal friend, visited him. This once wealthy and powerful man ended his life in modest circumstances, but Rappleye restores his place as a patriot and an immensely important founding father. |
Contents
Independence | |
War and Politics | |
Master of the Secret Network | |
Congress in Exile | |
The Return of Silas Deane | |
Backlash PART I REVOLUTIONS | |
Notes | |
Fighting for Funds | |
A Desperate Gambit | |
Final Settlements | |
The Great Bank Debate | |
The Constitution | |
The First Federal Congress | |
The Compromise of 1790 | |
THE FINANCIER | |
Private Fortune Public Penury | |
The Office of Finance | |
Yorktown | |
Acknowledgments | |
Executive Action | |
Ruin | |
Epilogue | |
Bibliography | |
Index | |
Illustration Credits | |
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Common terms and phrases
accounts Adams affairs agent Alexander Hamilton allies American army arrived Arthur Lee Assembly Beaumarchais Benjamin bills Bingham British capital cargo colonies commerce Congress Constitution Constitutionalists Continental Continental Congress contract convention creditors critical debate debt delegates Diary Dickinson dollars Duer early England Europe faction Farmers federal Financier France Franklin French funds George Clymer George Washington Gouverneur Morris Henry Laurens Holker House ibid impost interest issued James Wilson Joseph Reed land Laurens letter Livingston loan Luzerne Maclay Mary Morris merchant Morris wrote Morris’s Nationalists Nicholson notes Office of Finance paper partner payment Pennsylvania Philadelphia PMHB political president proposed public credit purchase revenue Revolution Richard Henry Richard Henry Lee Robert Morris Secret Committee Senate ships Silas Deane soldiers taxes Thomas Mifflin Thomas Paine thousand tobacco took trade ventures Virginia vote weeks William William Duer York
