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Mar 14, 2022 · In a carriage stuffed with gold, silver and negotiable notes to bankroll the revolution, New England’s wealthiest merchant escaped to Philadelphia for the Second Continental Congress. Elected...
Feb 21, 2022 · Samuel Adams, who first raised the alarm of growing Parliamentary pocket-picking of American colonists—“taxation without representation is tyranny”—was born to a Boston malt merchant who tried...
Mar 18, 2020 · The American army began receiving the supplies it needed, and for the next three years, Robert Morris personally financed the American Revolution out of his own pocket. “Morris notes” became widely circulated promissory notes within the ranks of the army.
The British government’s taxation policies and the financial challenges faced by the colonists played a crucial role in sparking the fight for independence. In this article, we will delve into the economic factors that led to the American Revolution.
Feb 21, 2011 · colonists' wealth. The elements were there for conflict. The war had brought glory for the generals, death to the privates, wealth for the merchants, unemployment for the poor. There were 25,000 people living in New York (there had been 7,000 in 1720) when the French and Indian War ended. A newspaper editor wrote about the growing
The American Revolution (1775–83) was an insurrection carried out by 13 of Great Britain’s North American colonies, which won political independence and went on to form the United States of America.
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On 20 February 1781, Robert Morris —perhaps the wealthiest, and certainly one of the most astute, merchants in America—accepted the job of superintendent of finance. Morris's principal goal was to establish a sound financial footing for the central government.
