MR. MORRIS! MR. MORRIS!
A Two-Act Historic Dramedy
By Anthony E. Gallo
This two-act dramatization probes the life of Robert Morris, surely America's most under-appreciated Founding Father, who rose to become the richest man in all of the Americas, found ways of financing the Revolutionary War, laid the groundwork for the economic establishment of the new republic, and died in bankruptcy.
Founding Father Robert Morris showed he was an entrepreneur when the newly arrived 13-year-old British immigrant singlehandedly purchased flour in Philadelphia and exported it to England at triple the price. He died in poverty at age 74 after speculating on 6 million acres of American land to be sold to French settlers who never did arrive. He also built the largest and most expensive home in North America, along with investing in hundreds of other industries through leverage. In the meantime, he became America's Founding Financial Father, the richest man in the new world, signed the Declaration of Independence, the Articles of Confederation. and the U.S. Constitution. As Superintendent of Finance, he financed the American Revolution. Morris was, next to General George Washington, the most powerful man in America.
And how did he finance this war against Great Britain, the world's most sophisticated and powerful economy? He used his own largesse(for which he was never compensated), borrowed (mainly from France), gambled(mostly arbitrage), stole (privateering), and taxed the almost impoverished thirteen colonies, Above all, he stood solidly behind the weak currencies of the Continental Congress and the the thirteen colonies with the Robert Morris assurance of payment. Whereas the creditors had no faith in the currency of the Continental Congress or the thirteen colonies, Robert Morris' bill of assurance was accepted worldwide. As Superintendent of Finance for the new republic, he also procured supplies, ammunition, and provisions for the Colonial army and navy. President Washington Congress and the Nation were grateful to this remarkable man without whom, General Washington flatly stated, the Revolutionary War would not have been won.
He took charge of financing and procurement for the American Revolution by bolstering the value of otherwise valueless currencies of the colonies and the Continental Congress, raising taxes, borrowing from the French and Dutch, privateering (pirating British vessels) In the process, he acquired the gratitude of the new Nation, and the support of George Washington, John Adams and but others including Thomas Jefferson, Arthur Lee, much of the press and Thomas Paine felt the Robert Morris did not fiancé the Revolutionary War. Instead, the Revolutionary War financed Robert Morris.
Mr. Morris! Mr. Morris examines the life of Founding Father Robert Morris, whom President George Washington called the Nation's Financial Father and Founding Capitalist of the United States, and credited with being a major force in winning the War of Independence. Washington, Franklin, and Hamilton said he financed the Revolutionary War. Thomas Jefferson, Arthur Lee and others argue that the Revolutionary War financed Robert Morris.
How did he almost single-handedly found ways to finance the Revolution First, he raised the value the currency of the Continental Congress and the thirteen colonies by buying the currency in the open market. This made the He got more funds from the powerful French, only so glad to support the Colonies and embarrass England which had kicked France out of the New World Third he purchases supplies at discount prices. He urged holders of currency to hold on. and to accept the currency. He issued bonds.
He was once and for many years the richest man in America, only to land in debtor's performance and released only after that dreaded institution was abolished. In 1775 this was the who was named the superintendent of Finance to manage the American Economy and fiscal matters. For the first time in U.S. history, the power went from the stages to the Federal Government. He was both the Secretary of the Treasury, and in fact had a lot to the power of the President of the United States.
What do we know that he did.?He was purchaser, procurement chief, lender, donate to the National system. He personally purchased one out of every ten bullets. He picked up 9 million dollars of debt. He hard his own navy. Lost one hundred fifty ships, He spied for the colonies. Above all, he backed the currency. Often purchased American currency to raise the price of worthless currency issued by the Colonies and Continental Congress. He purchased weapons, artillery, uniforms, and food for the army,
Yet his later life meth with setbacks. He began building the largest home in all of the North and South America, larger than the Palace of Versailles
Anthony E. Gallo 202 544 6973 firstname.lastname@example.org
Mary White Morris