Page images
PDF
EPUB

continued the business on my own account; taking care to inform the public, by advertisement, of the partnership being dissolved. This was, I think, in the year 1729, or thereabout.

Nearly at the same period, the people demanded a new emission of paper-money; the existing and only one that had taken place in the province, and which amounted to fifteen thousand pounds, being soon to expire. The wealthy inhabitants, prejudiced against every sort of paper currency, from the fear of its depreciation, of which there had been an instance in the province of New England, to the injury of its holders, strongly opposed this measure. We had discussed this affair in our Junto, in which I was on the side of the new emission; convinced that the first small sum, fabricated in 1723, had done much good in the province, by favouring commerce, industry, and population, since all the houses were now inhabited, and many others building; whereas I remembered to have seen, when I first paraded the streets of Philadelphia, eating my roll, the majority of those in Walnut Street, Second Street, Fourth Street, as well as a great number in Chesnut and other streets, with papers on them signifying that they were to be let; which made me think at the time that the inhabitants of the town were deserting it one after another.

Our debates made me so fully master of the subject, that I wrote and published an anonymous pamphlet, intitled, "An Inquiry into the Nature and Necessity of Paper Currency." It was very well received by the lower and middling classes of people; but it displeased the opulent, as it increased the clamour in favour of the new emission. Having, however, no writer among them capable of answering it, their opposition became less violent; and there being in the House of Assembly a majority for the measure, it passed. The friends I had acquired in the House, persuaded that I had done the country essential service on this occasion, rewarded me by giving me the printing of the bills. It was a lucrat ve employment,

and proved a very seasonable help to me; an other advantage which I derived from having habituated myself to write.

Time and experience so fully demonstrated the utility of paper currency, that it never after experienced any considerable opposition; so that it soon amounted to 55,000l. and in the year 1739 to 80,000! It has since risen, during the last war, to 350,000l. trade, buildings, and population, having in the interval continually increased; but I am now convinced that there are limits beyond which paper money would be prejudicial.

I soon after obtained, by the influence of my friend Hamilton, the printing of the Newcastle paper money, another profitable work, as I then thought it, little things appearing great to persons of moderate fortune; and they were really great to me, as proving great encouragements. He also procured me the printing of the laws and votes of that government, which retained as long as I continued in the business.

I now opened a small stationer's shop. I kept bonds and agreements of all kinds, drawn up in a more accurate form than had yet been seen in that part of the world; a work in which I was assisted by my friend Brientnal. I had also paper, parchment, pasteboard, books, &c. One Whitemash, an excellent compositor, whom I had known in London, came to offer himself: I engaged him; and he continued constantly and diligently to work with me. I also took an apprentice, the son of Aquila Rose.

I began to pay, by degrees, the debt I had con tracted; and, in order to insure my credit and character as a tradesman, I took care not only to be really industrious and frugal, but also to avoid every appearance of the contrary. I was plainly dressed, and never seen in any place of public amusement. I never went a fishing or hunting. A book indeed enticed me sometimes from my work, but it was seldom, by stealth, and occasioned no scandal; and, to shew that I did not think myself above my profession, 1

conveyed home sometimes in a wheelbarrow, the paper I had purchased at the warehouses.

I thus obtained the reputation of being an industrious young man, and very punctual in his payments. The merchants who imported articles of stationery solicited my custom; others offered to furnish me with books, and my little trade went on prosperously.

Meanwhile the credit and business of Keimer diminishing every day, he was at last forced to sell his stock to satisfy his creditors; and he betook himself to Barbadoes, where he lived for some time in a very impoverished state. His apprentice, David Harry, whom I had instructed while I worked with Keimer, having bought his materials, succeeded him in the business. I was apprehensive, at first, of finding in Harry a powerful competitor, as he was allied to an opulent and respectable family; I therefore proposed a partnership which, happily for me, he rejected with disdain. He was extremely proud, thought himself a fine gentleman, lived extravagantly, and pursued amusements which suffered him to be scarcely ever at home; of consequence he became in debt neglected his business, and business neglected him. Finding in a short time nothing to do in the country, he followed Keimer to Barbadoes, carrying his printing materials with him. There the apprentice employed his old master as a journeyman. They were continually quarrelling; and Harry, still getting in debt, was obliged at last to sell his press and types, and return to his old occupation of husbandry in Pennsylvania. The person who purchased them employed Keimer to manage the business: but he died a few years after.

I had now at Philadelphia no competitor but Bradford, who, being in easy circumstances, did not engage in the printing of books, except now and then as workmen chanced to offer themselves; and was not anxious to extend his trade. He had, however, one advantage over me, as he had the direction of the post office, and was of consequence supposed to have better opportunities of obtaining news. His paper was also

supposed to be more advantageous to advertising customers; and in consequence of that supposition, his advertisements were much more numerous than mine: this was a source of great profit to him, and disadvantageous to me. It was to no purpose that 1 really procured other papers and distributed my own, by means of the post; and the public took for granted my inability in this respect; and I was indeed unable to conquer it in any other mode than by bribing the post boys, who served me only by stealth, Bradford being so illiberal as to forbid them. This treatment of his excited my resentment; and my disgust was so rooted, that, when I afterwards succeeded him in the post office, I took care to avoid copying his example.

I had hitherto continued to board with Godfrey, who, with his wife and children, occupied part of my house, and half of the shop for his business; at which indeed he worked very little, being always absorbe by mathematics. Mrs. Godfrey formed a wish of marrying me to the daughter of one of her relations. She contrived various opportunities of bringing us together, till she saw that I was captivated; which was not difficult; the lady in question possessing great personal merit. The parents encouraged my addresses, by inviting me continually to supper, and leaving us together, till at last it was time to come to an explanation. Mrs. Godfrey undertook to negotiate our little treaty. I gave her to understand, that I expected to receive with the young lady a sum of money that would enable me at least to discharge the remainder of the debt for my printing materials. It was then, I believe, not more than a hundred pounds. She brought me for answer, that they had no such sum at their disposal. I observed that it might easily be obtained, by a mortgage on their house. The reply to this, was, after a few days interval, that they did not approve of the match; that they had consulted Bradford, and found that the business of a printer was not lucrative; that my letters would soon be worn out, And must be supplied by new ones; that Keimer and

Harry had failed, and that, probably, I should do so too. Accordingly they forbade me the house, and the young lady was confined. I know not if they had really changed their minds, or if it was merely an artifice, supposing our affections to be too far engaged for us to desist, and that we should contrive to marry secretly, which would leave them at liberty to give or not as they pleased. But, suspecting this motive, I never went again to their house.

Some time after, Mrs. Godfrey informed me that they were favourably disposed towards me, and wished me to renew the acquaintance; but I declared a firm resolution never to have any thing more to do with the family. The Godfreys expressed some resentment at this; and as we could no longer agree, they changed their residence, leaving me in possession of the whole house. I then resolved to take no more lodgers. This affair having turned my thoughts to marriage, I looked around me, and made overtures of alliance in other quarters; but I soon found that the profession of a printer, being generally looked upon as a poor trade, I could expect no money with a wife, at least, if I wished her to possess any other charm. Meanwhile, that passion of youth, so difficult to govern, had often drawn me into intrigues with despicable women who fell in my way; which were not unaccompanied with expense and inconvenience, besides the perpetual risk of injuring my health, and catching a disease which I dreaded above all things. But I was fortunate enough to escape this danger.

As a neighbour and old acquaintance, I had kept up a friendly intimacy with the family of Miss Read. Her parents had retained an affection for me from the time of my lodging in their house. I was often invited thither; they consulted me about their affairs, and I had been sometimes serviceable to them.

I was

touched with the unhappy situation of their daughter, who was almost always melancholy, and continually seeking solitude. I regarded my forgetfulness and inconstancy, during my abode in London, as the prin

« PreviousContinue »