Econlib

The Library

Other Sites

Front Page arrow Titles (by Subject) arrow CCCCLVII: TO MR. BACHE - The Works of Benjamin Franklin, Vol. V Letters and Misc. Writings 1768-1772

Return to Title Page for The Works of Benjamin Franklin, Vol. V Letters and Misc. Writings 1768-1772

Search this Title:

Also in the Library:

Subject Area: Political Theory

CCCCLVII: TO MR. BACHE - Benjamin Franklin, The Works of Benjamin Franklin, Vol. V Letters and Misc. Writings 1768-1772 [1904]

Edition used:

The Works of Benjamin Franklin, including the Private as well as the Official and Scientific Correspondence, together with the Unmutilated and Correct Version of the Autobiography, compiled and edited by John Bigelow (New York: G.P. Putnam’s Sons, 1904). The Federal Edition in 12 volumes. Vol. V (Letters and Misc. Writings 1768-1772).

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


CCCCLVII

TO MR. BACHE

Loving Son:

I received yours of September 1st, and am rejoiced to hear you are all well. Your good mother and sisters were so about a fortnight ago, when I heard from them. The bill you sent me for £60, Whinney on Smith, Wright, & Grey, being good, I return your note enclosed and canceld. There remains five guineas unpaid, which you had of me just on going away, so I suppose you forgot it. Send it in a venture for Ben to Jamaica. By the way, it has been reported here, that some years since a very long building in that island, which had a rod or conductor at each end, was nevertheless struck by lightning in the middle and much damaged. Did you hear of such a thing while you was there? If so, pray enquire and learn the particulars from thence. What kind of rods, how placed, how high above the roof, how deep in the ground, and other material circumstances with regard to the building and the damage. If you heard of no such event while you was there, I suppose the story is not true; but a Mr. Smith, who was there in some business, and now here a merchant, I think, relates it as what he heard spoken of when there.

I am surprised to hear that the Dutchman I assisted with 25 guineas turned out a rogue; and that Sheets has paid nothing of what I furnished him when here. I am afraid I do not grow wiser as I grow older. Pray let me know whether the Dutch printer, Armbruster, has paid any thing, or is solvable or not. And also how the affair stands of the mortgage I had on my friend Maugridge’s plantation, no intelligible information has yet been given me of it.

We are moving to another house in the same [mutilated] leaving this to Mr. Hewson. As soon as I am settled in my new apartments I shall examine Parker’s accounts and write to you on them.

You hope I was not a sufferer in the late general wreck of credit here. My two banking-houses, Browns & Collinson, and Smith, Wright, & Grey, stood firm, and they were the only people here in debt to me, so I lost nothing by the failure of others; and being out of debt myself, my credit could not be shaken by any run upon me; out of debt, as the proverb says, was being out of danger, but I have since hazarded a little in using my credit with the bank to support that of a friend as far as £5,000, for which I am secured by bills of the bank of Douglas, Heron, & Co., accepted by a good house here; and therefore I call it only hazarding a little, though the sum is large enough to ruin me if I were to lose it. Our friends, the Alexanders, went on again immediately, being supported by great houses here and through them by the bank, their bottom being manifestly very great and good, though they had embarrassed themselves by assisting the Adamses and others.

The affair of the Grant is in good train, and we expect it to be completed soon after the Boards meet, if no new difficulties start up unexpected.

My love to Sally and the boy.

I am your affectionate father,

B. Franklin.