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siculd continue in partnership with. Meredith, who, they said, was frequently seen drunk in the streets, and gambling at ale-houses, which very much in jured our credit. These friends were William Cole. man and Robert Grace. I told thein, that while there remained any probability that the Merediths would fulfil their part of the coinpact, I could not propose a separation, as I conceived myself to be under obligations to thein for what they had done already, and were still disposed to do, if they had the power; but, in the end, shoulu they fail in their engagerent, and our partnership be vissolved, I should then think myself at liberty to accept the kindness of my friends
Things remained for goine time in this state. AC last, I said ore day to my partner, “ Your father is perhaps dissatisfied with your having a sha e only in ihe business, and is unwilling to do for iv.0, what he would do for you alone. Tell me frankly, is that be the case, and I will resign the whole to you, and do for myself as well as I can." “ No, (said he) my fa. ther has really been disappointed in his hopes; he is not able to pay, and I wish to put him to no farther inconvenience. I see that I am not at all calculated for a printer ; I was educated as a farmer, and it was absurd in me to come here, at thirty years of age, and bind myseli apprentice to a new trade. Many of my countrymen are going to seule in North Carolina, where the soil is exceedingly favourable. I am tempt. od to go with thein, and to resuine ny former occu. pation? You will, douotless, find friends who will assist you. If you will take upon yourself the debts of the partnership, return my father the hundred pounds he has advanced, pay iny little personal debts, and give me thirty pounds and a new saddle, I will renounce the partnership, and consign over the whole stock to you.
I accepted this proposal without hesitation. It was committed to paper, and signed and sealed without delay. I gave him what he deinanded, and he departed soon after for Carolina, from whence he sent ine, in the following year, two long letters, containing the best accounts that had yet been given of thai country, as to, climate, soil, agriculture, &c. for lo
was well versed in these matters. I published them in my newspaper, and they were received with greas satisfaction.
As soon as he was gone, I applied to my two friends, and not wishing to give a disobliging preference to either of them, I accepted from each, half what he had offered me, and which it was necessary I shouid have. I paid the partnership debts, and continued the business on my own account; taking care to inforn the public, by advertisement, of the partnership be jog dissolved. This was, I think, in ue year 1729, ur thereabout.
Ncarly at the same period, the people demanded a new emission of paper-inoney; 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 de. preciatior., of which there had been an instance in the province of New-Fnglar:d, 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; convincent that the first small sum, fabricated in 1723, had done much good in the province, by favouring commerce, industry, and population, since all the louses wero now inhabited, and many others building; whereas I remembered to nave seen when I first paraded the streets of Pula delphia eatng my roll, the majority of those in Wal nut-street, Second-street, Fourth-street, as well as a great number in Chesnut and other streets, with pa. pers on thein, signifying that they were to be let; which made me think, at the time, that the inhabi- i ants of the town were deserting it one after another
Our debates made me so fully master of the subject, hat I wrote and published an anonymous pamplet, entitled, “ 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 dis pleased the opulent, as it increased the clamour in fam vour of the new einission. Having, however, no writer among them capable of answering it, their oppar gition became less violent; and there being in tng
House of Assembly a majority for the measure, i passed. The friends I had acquired in the House, persuaded that I had done the country essential ser vice on this occasion, rewarded me by giving me tho printing of the bills. It was a lucrative employment, and proved a very seasonable help to me; another advantage which I derived from having habitualed anyself to write.
Time and experience so fully demonstrated the utility of paper currency, that it never after expo rienced any considerable opposition; so that it soon amounted to 55,0002. and in the year 1739 to 80,0001. It has since risen, during the last war, to 350,0001. trade, buildings, and population, having in the interval continually increased : but am now convinced that there are limits beyond which paper money would be prejudicial.
I soon after obtained, by the inAuence of my friend Hamilton, the printing of the Newcastle paper money, another profitable work, as I then thought it, little things appearing great en persons of moderate fortune, and they were really great to me, as proving great en. courageinents. He also procured me the printing of the laws and votes of that government, which I 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 tha! part of the world; a work in which I was assisted by my friend Breintnal. I had also paper, parchment, pasteboard, books, &c. One Whitemash, an excel. lent 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 in pay, by degrees, the debt I had contracted; and, ir order to insure my credit and character as a tradesinan, I took care not only to be really in dustrious and frugal, but also to avoid every appear ance of the contrary. I was plainly dressed, and never seen in any plac ; of public amusement. I never went a fishing or hunting. A book, indeed, enHiced me sometimes from my work, but it was seldom, by stealih, and occasioned no scandal; and, to show that I did not think myself above my profession, I conveyed home soinetimes in a wheelbarrow, the paper I hard purchased at the warehouses.
I thus obtained the reputation of being an indue trious young man, and very punctual in his paymenn The merchants, who imported articles of stationary, plicited iny custom; others offered to furnish me willa books, and my little trade went on prnsperously.
Meanwhile, the credit and business of Keinier diminishing every day, he was at last forced to seil his stock to satisfy his creditors; and he tetook 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 al’ied to an opulent and respectable family; I therefore proposed a partnership, which, happily for me, he rejected with disdain. He was extremely proud, thcuglit hiinself a fine gentleman, lived extravagantly, and pursued amuseme!its which suffered him to be scarcely ever at home; of consequence he became in debi, neglected his business, and business negl_cted him. Finding in a short time, rrothing to do in the country he followed Keimer to Barbadoes, carrying his printing materiala with him. There the apprentice employed his old inaster as a journeyınan. They were continually quarreiling; and Harry, still getting in debt, was obliged, at last, to seil 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 buit Brad ford, who, being in casy circumstances, did not engage in the printing of books, except now and then as workinen chanced to offer themselves; and was not anxious to extend his trade. He hac!, however, ono advantage over nie, as he had the direction of tho post-office, and was, of consequence, supposed to have better opportunities of obtaining news. was also supposed to be more advantageous tu adrer
His paper tising customers; and, ir, consequence of that suppo sition, his advertisements were much more nunerous than mine: this was a source of great profit to him, and disadvantageous to me. Il was to no purpose that I really p.ocured 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 more thar by bribing the post-toys, who served me only by Eteaith, Bradford being so illiberaí as to forbid thein
This treatment of his excited my resentinent; and my disgust was so rooted, that, when I atterwarcis succeeded him in the post-office, I took care to avoid copying his example.
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 absorbed by mathematics. Mrs. Godfrey formed a wish of marrying me to the daughter of one of her relations. She contrived various opportunities of bringir:g us together, til, she saw that I was captivated; which was not difficult; the lady in question possessing great personal merit. The parents encouraged my ada dresses, by inviting ma continually to supper, and leaving us toreiser, till at last it was time to come to an explanation. Mrs. Godfrey undertook to negotiate our Litle treaty. I gave her to understand, thai I expected to receive with the young lady, a sum of money that would enable me, at least, to discharge the rernainder of the debt for ny printing inaterials. It was then, I believe, not more than a hundred pounds. She brought me for answer, thai they had no such guin at their disposal. Subserved that it might easily be obtained, by a mortgage on their house. The repily 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 iny letters would soon be worn out, and must be supplied ly new ones; that Keimer and Harry had failed, and that, probably, I should do so too. According y they furhalle ine the house, and the young lady was confined. I know