Benjamin Franklin; Self-Revealed, Volume 2 (of 2)
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Bruce Wiliam Cabell. Benjamin Franklin; Self-Revealed, Volume 2 (of 2)
CHAPTER I. Franklin's Personal Characteristics
CHAPTER II. Franklin as a Man of Business
CHAPTER III. Franklin as a Statesman
CHAPTER IV. Franklin as a Man of Science
CHAPTER V. Franklin as a Writer
SUMMARY
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When some one said to Erskine that punning was the lowest kind of wit, he replied that the statement was true, because punning was the foundation of all wit.
The business career of Franklin did not move upon such an exalted plane as his scientific or political career, but it was the basis on which the entire superstructure of his renown as a philosopher and a statesman was built up; inasmuch as it was his early release from pecuniary cares which enabled him to apply himself with single-minded devotion to electrical experiments, and to accept at the hands of the people of Pennsylvania the missions to England which opened up the wider horizon of his postmeridian life. Quite apart, however, from the scientific and political reputation, to which his material success smoothed the way, his business career has an intrinsic interest of its own. In itself alone, when the limited opportunities afforded by Colonial conditions for the accumulation of a fortune are considered, it is a remarkable illustration of the extent to which sleepless energy and wise conduct rise superior to the most discouraging circumstances. Comparatively few young men aspire to be philosophers or statesmen, but almost every young man of merit finds himself under the necessity of striving for a pecuniary independence or at any rate for a pecuniary livelihood. How this object can be most effectually accomplished, is the problem, above all others in the world, the most importunate; and the effort to solve it from generation to generation is one of the things that invest human existence with perpetual freshness. To a young man, involved in the hopes and anxieties of his first struggles for a foothold in the world, the history of Franklin, as a business man, could not but be full of inspiration, even if it had not flowered into higher forms of achievement, and were not reflected in publications of rare literary value. But, putting altogether out of sight the great fame acquired by Franklin in scientific and political fields, a peculiar vividness is imparted to his business career by other circumstances which should not be overlooked. His main calling was that of a printer, a vocation of unusual importance and influence in a free community. "I, Benjamin Franklin, of Philadelphia, printer, late Minister Plenipotentiary from the United States of America to the Court of France, now President of the State of Pennsylvania," is the way in which he describes himself in his will executed less than two years before his death. And from that day to this, upon one memorable occasion or another, guilds of printers on both sides of the Atlantic have acclaimed him as little less than the patron saint of their craft.
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Seasonably for him, there was a loud cry among the people at this time for a more abundant issue of paper money. The wealthier members of the community were all against the proposition. They feared that an addition to the existing paper circulation would depreciate, as it had done in New York, and that the debts due to them would be discharged by payment in a medium worth less than its nominal value. The question was discussed by the Junto, and Franklin argued in favor of the issue; being persuaded that the prosperity of the Province had been very much promoted by a small previous issue of paper money in 1723. He remembered, he says in the Autobiography, that, when he first walked about the streets of Philadelphia, eating his roll, most of the houses on Walnut Street, between Second and Front Streets, and many besides, on Chestnut and other streets, were placarded, "To be let"; which made him feel as if the inhabitants of Philadelphia were deserting the town one after the other; whereas at the time of this discussion all the old houses were occupied, and many new ones were in process of construction. Not content with presenting his views on the subject to the Junto, he wrote an anonymous pamphlet on it entitled The Nature and Necessity of a Paper Currency. This pamphlet was well received by the common people, he tells us, but met with the disfavor of the rich, because it swelled the clamor for more money. Their opposition, however, for lack of writers, competent to refute its reasoning, languished, and the issue was authorized by the Assembly. Franklin's friends in the house rewarded him for his part in the controversy over it by employing him to print the money. "A very profitable jobb and a great help to me," remarks Franklin complacently in the Autobiography, and he adds, "This was another advantage gain'd by my being able to write."
Through the influence of his friend Hamilton, he likewise secured the contract for printing the paper money, issued by the Three Lower Counties on the Delaware. "Another profitable jobb as I then thought it," he says, "small things appearing great to those in small circumstances." Hamilton also procured for him the privilege of printing the laws and legislative proceedings of the Three Lower Counties, and he retained it as long as he remained in the printing business. Now, for the first time, he felt that his position was assured enough for him to open up a small stationery shop, where he sold blanks of all sorts, paper, parchment, chapmen's books and other such wares. The blanks he believed to be "the correctest that ever appear'd among us, being assisted in that by my friend Breintnal." The demands on his printing-office, too, increased to such a degree that he employed a compositor, one Whitemarsh, an excellent workman, whom he had known in London, and undertook the care of an apprentice, a son of the ever-to-be-lamented Aquila Rose. Soon he was prospering to such an extent that he could begin to pay off the debt that he owed on his printing outfit. These are the words in which he himself described his situation at this time:
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