Founding Father Robert Morris showed he was an entrepreneur when the newly arrived 13-year-old British immigrant single-handedly 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 arrived. 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, was the most powerful man in America.
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.
Anthony E. Gallo 202 544 6973 email@example.com
MR. MORRIS! MR. MORRIS!
A Two-Act Historic Drama
By Anthony E. Gallo
Mary White 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 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 mange the American Economy and fiscal matters. For the first time in U.S. history, power went from the stages to the Federal Goverrnment. He was both the Secretary of the Treasury, and in fact had a lot to power of he President of the United Stagtes.
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 millions 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,
Born 1846 died 1806 60 Years old .
America's financial father
He financed the Revolutionary War
Opposed Declaration of War
Signed Declaration of Independence
Loved by Washington and Adams. Hated by Jefferson.
He is the financial Father of our country
Some call him a financial genius! Others an embezzler.
Was he motivated by greed.
He preceeded Adam Smith.
He loved being dull.
He told jokes
ee sold slaves and stopped. Never profitable.
He had plenty a battle with Thomas Jefferson who help destroy him --for a while
He ended out in deborts prison, and bailed out by Georg Washington
He set groups of merhants to fianance the war. Mary helped too