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Sympathizing with the Patriot cause, Salomon joined the New York branch of the Sons of Liberty. In September 1776, he was arrested by the British as a spy, but quickly pardoned. However, the British authorities detained him for 18 months on a boat as an interpreter for Hessian troops, since Salomon could speak German.
- Early Years
- War and Espionage
- Financing The Revolution
- Final Years
- Sources
Haym Salomon (born Chaim Salomon) was born on April 7, 1740 in Leszno, Poland. His family was part of a group of Sephardic Jews descended from Spanish and Portuguese immigrants. As a young man, Haym traveled all over Europe; like many Europeans, he spoke several languages. In 1772, Salomon left Poland, following the country’s partitioning that esse...
By the time the American Revolution broke out, Salomon had already established himself as a businessman and financial broker in New York City. At some point in the 1770s, he became involved in the patriot movement and joined the Sons of Liberty, a secret organization that fought against British taxation policies. Salomon had a supply contract with ...
Once he had settled comfortably in Philadelphia and his brokerage business was up and running, Salomon was appointed to the role of paymaster general for French troops fighting on behalf of the colonists. He was also engaged in selling securities that supported Dutch and French loans to the Continental Congress. In addition, he advanced funds perso...
Sadly, Haym Salomon's financial efforts during the war led to his downfall. He had loaned out hundreds of thousands of dollars during the Revolution, and because of the unstable economy in the colonies, most private borrowers (and even government entities) were unable to repay their loans. In 1784, his family was nearly penniless. Salomon died on J...
Blythe, Bob. “The American Revolution: Haym Salomon.” National Parks Service, U.S. Department of the Interior, www.nps.gov/revwar/about_the_revolution/haym_salomom.html.Feldberg, Michael. “Haym Salomon: Revolutionary Broker.” My Jewish Learning, My Jewish Learning, www.myjewishlearning.com/article/haym-salomon-revolutionary-broker/.Percoco, James. “Haym Salomon.” American Battlefield Trust, 7 Aug. 2018, www.battlefields.org/learn/articles/haym-salomon.Terry, Erica. “Haym Solomon: The Man Behind the Myth of the Dollar's Star of David.” Jspace News, 12 Dec. 2016, jspacenews.com/haym-solomon-man-behind-myth-dollars-star-david/.- Patti Wigington
When Salomon arrived in America in 1775 he immediately embraced the Patriot cause. Shortly after he arrived in New York City, he joined that city’s branch of the Sons of Liberty. Not long thereafter he established a brokerage house for international trade.
May 29, 2018 · He was active in a secret group, the Sons of Liberty, which had been established by men with business interests who were opposed to British rule. The Crown's colonial system ensured that a large part of the profits generated in the New World went to the British Exchequer, not the merchants and other colonial businessmen.
Haym Salomon (born 1740, Lissa, Poland—died January 6, 1785, Philadelphia, Pennsylvania, U.S.) was a Polish-born American businessman who was a principal financier of the fledgling American republic and a founder of the first Philadelphia synagogue, Mikveh Israel.
Jun 29, 2021 · Haym Salomon was born in Lissa, Poland, in 1740, the child of Jews chased out of Portugal. As a young man, he embraced the cause of Polish independence — he was a compatriot of the Polish...
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SALOMON, Haym, financier, b. in Lissa, Prussian Poland, about 1740; d. in Philadelphia, Pa., in 1785. He settled in Philadelphia some years before the Revolution as a merchant and banker, and succeeded in accumulating a large fortune, which he subsequently devoted to the use of the American government during the war for independence.
