Thursday, October 1, 2009



More facts about Me!!

  • Alexander Hamilton, Albert Gallatin,and I are one of the key founders of the United States financial system
  • I established in Philadelphia the Bank of North America, chartered first by Congress and later by Pennsylvania, the oldest financial institution in the United States
  • My face was on United States $1000 notes from 1862-1863 and on $10 silver certificates from 1878-1880

My Life after serving in the Senate

I never recovered the wealth that I had before the revolution. What was left of my fortune
I invested in land but lost money because of declining land values in the western part of New York state. I spent three years in a debtor's prison for inability to pay my debts. I was released after congress passed a bankruptcy protection bill and I was able to prove I had no money. I guess this is my last blog entree. I will probebly die somwtime this month at the ge of seventy three, in relative poverty. I died May 9, 1806, in relative poverty, at the age of 73.

More facts about Me!

  • I originally voted against the Declaration of Independence
  • Roger Sherman and I were the only two individuals to sign all three of the important founding documents of the United States, the Declaration of Independence, the Articles of Confederation, and the Constitution
  • My home in Philadelphia was used as the Executive Mansion by Presidents George Washington and John Adams while Philadelphia was the temporary U.S. capital from 1790-1800, during the construction of Washington, D.C.

Wednesday, September 30, 2009

Facts about me

  • I was best known as "Financier of the Revolution"
  • I came to the colonies at the age of 13 to Oxford, Maryland and lived with my father
  • I apprenticed and then became a partner in a import firm
  • I Married Mary White in March 1769 and had five sons and two daughters
  • I was one of the wealthiest individuals in the colonies
  • I only supported colonial revolt after the Stamp Act was passed

My work following the War

Following the war, I served in the Pennsylvania Legislature. I was also a delegate to the Constitutional Convention in 1787, and thereafter worked in support for the new constitution. I was then sent as a Senator for Pennsylvania when that constitution was approved. In 1789, President George Washington appointed me Secretary of the Treasury, but I turned down the office and suggested my good friend Alexander Hamilton for the job. I felt I could better serve as a Senator. I completed my office as Senator and then retired from public service.

My plans for a national bank

In 1781 I made a plan for a National Bank and submitted it to Congress. It was approved and became The Bank of North America, an institution that brought stability to the colonial economy, facilitated continued finance of the War effort, and would ultimately establish the credit of the United States with the nations of Europe. I was immediately appointed Financial Agent (Secretary of Treasury) of the United States, in order to direct the operation of the new bank.

Details of my work in the Continental Congress

In 1775 when I got the job in the Continental Congress , I participated on many of the committees involved in raising money and supplies for the Continental Army. In 1776, I was given authority by Congress to negotiate bills of exchange for, and to get other people to donate money for the operation of the war. One of the most successful means for raising money were the lotteries. In late 1776, the Continental Army was in a bad condition because of a shortage of funds caused by the failure of several of the colonies to pay for the war. I loaned $10,000 of my own money to the government. The money was used to provide the troops with badly needed supplies. They went on to win the Battle of Trenton. Throughout the war I personally paid for the operations of privateers, ships that ran the British Blockades at great risk and brought needed supplies and funds into the colonies.

My Backround Information

I was born in Lancashire,England on January 20, 1734. I came to Chesapeake Bay in 1744 and attended school in Philadelphia. I wasn't well suited for formal education and was too quick for the teacher. When I was 16 I was apprenticed to the counting room of Charles Willing. After Willing died, I entered a partnership with the gentlemen's son and had thirty nine years of flourishing business that made me very wealthy. Being an importer, the business was struck hard during the Stamp Act and the colonial revolt against it. My partner and I chose the colonial side and engaged it in the movements.

Who am I?

When studying history today I am one of the lesser known signers of the Declaration of Independnce. I represented Pennsylvania in the Continental Congress. I played an important role in the success of the war against the British. I almost single handedly planed the financing of the Revolutionary war.

My work

This is a time line of my work:

  • in 1775 I was the Delagate of the Continental Congress
  • in 1776 I was appionted Special Commissioner of Finance
  • in 1781 I was the Author of the planfor a National Bank
  • in 1781 I was the Financial Agent of the United States
  • in 1783 I was the Delagate to the Pennsylvania Lesgilature
  • in 1787 I was the Delagate to the Constitutional Convention
  • in the years 1789-95 I was a United States Senator
  • in 1789 I was appointed Secratary of the Treasury