Haym Salomon

Born in Lissa, Prussia-Poland about 1745 and died 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.  He negotiated all the war subsidies obtained during that struggle from France and Holland, which he endorsed and sold in bills to American merchants at a credit of two and three months on his personal security, receiving for his commission one quarter of a percent. 

He also acted as paymaster general of the French forces in the United States, and for some time lent money to the agents or ministers of several foreign states when their own sources of supply were cut off.  It is asserted that over $100,000 advanced has never been repaid.  To the US Government Mr. Solomon lent about $600,000 in specie, and at his death about $400,000 of this amount had not been repaid.  This was irrespective of what he had lent to statesman and others while in the discharge of public trusts.  His descendants have frequently petitioned for remuneration, and committees of congress have several times favorably reported upon their claims. Edited Appleton's American Biography Copyright© 2000 by Virtualology^TM

Start your search on Haym Salomon.

The United Colonies 1st  government began in a Philadelphia  Tavern
and the United States 1st federal government ended in a NYC Tavern!
The Founders convened the government in 11 different capitol buildings and
experienced 15 years of challenges that included war, hyper-inflation, a failed
constitution, judicial corruption, armed citizen and U.S. Army rebellions.
 

Which U.S. President adopted the Philadelphia Constitutional Convention
resolution, enacted the Northwest Ordinance, and backed George Washington,
James Madison and Nathaniel Gorham's resolution to submit the new U.S.
Constitution to the States for ratification without Congressional alterations?

Unauthorized Site: This site and its contents are not affiliated, connected, associated with or authorized by the individual, family, friends, or trademarked entities utilizing any part or the subject's entire name. Any official or affiliated sites that are related to this subject will be hyper linked below upon submission and Evisum, Inc. review.

Research Links