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Auction archive: Lot number 217

Robert Morris, Signer of the Declaration of Independence, ANS

Estimate
n. a.
Price realised:
US$470
Auction archive: Lot number 217

Robert Morris, Signer of the Declaration of Independence, ANS

Estimate
n. a.
Price realised:
US$470
Beschreibung:

Clipped, 2 x 4.5 in. (sight). Pay to Mr. Stacey Hepburn on order Robt. Morris. Framed with lithograph of Morris to 9.25 x 12.75 in. Robert Morris (1734 - 1806) played a major role in financing the American Revolution and later managed the economy of the new nation. He also served the state of Pennsylvania on its Council of Safety, Committee of Correspondence, Provincial Assembly, state legislature, and later as one of the first two Senators from that state. He represented the state in the Continental Congress, signing the Declaration of Independence, the Articles of Confederation and finally, the Constitution. A wealthy merchant, at least for the first part of his working life, he lent the government huge sums to pay the troops so they would not desert or leave at the end of their enlistments. Washington probably could not have continued the war without Morris' support. His fortunes flagged after the war, and he made some political enemies, and ultimately he was imprisoned for his debts. There has been some speculation that American bankruptcy laws were forged to gain Morris' release from debtor's prison. Already "getting on in years" when imprisoned, after his release, he chose to live his last half decade in quiet retirement. Stacey Hepburn and Company was formed to take advantage of the need for additional supplies during the Revolution. Hepburn owned 1/6th of the company, Robert Morris 2/6ths (the other half owned by French interests). Although a native of New Jersey, Hepburn set up the business in Charleston, SC, closer to the West Indies from whence the primary imports of the company, rice and indigo, came. [Reference: Ver Steeg, Clarence L. "Stacey Hepburn and Company: Enterprisers in the American Revolution." South Carolina Historical Magazine, vol. 55, 1954.] Condition: Appears to be fine, but not removed from frame for examination.

Auction archive: Lot number 217
Auction:
Datum:
8 Dec 2010
Auction house:
Cowan's Auctions, Inc.
Este Ave 6270
Cincinnati OH 45232
United States
info@cowans.com
+1 (0)513 8711670
+1 (0)513 8718670
Beschreibung:

Clipped, 2 x 4.5 in. (sight). Pay to Mr. Stacey Hepburn on order Robt. Morris. Framed with lithograph of Morris to 9.25 x 12.75 in. Robert Morris (1734 - 1806) played a major role in financing the American Revolution and later managed the economy of the new nation. He also served the state of Pennsylvania on its Council of Safety, Committee of Correspondence, Provincial Assembly, state legislature, and later as one of the first two Senators from that state. He represented the state in the Continental Congress, signing the Declaration of Independence, the Articles of Confederation and finally, the Constitution. A wealthy merchant, at least for the first part of his working life, he lent the government huge sums to pay the troops so they would not desert or leave at the end of their enlistments. Washington probably could not have continued the war without Morris' support. His fortunes flagged after the war, and he made some political enemies, and ultimately he was imprisoned for his debts. There has been some speculation that American bankruptcy laws were forged to gain Morris' release from debtor's prison. Already "getting on in years" when imprisoned, after his release, he chose to live his last half decade in quiet retirement. Stacey Hepburn and Company was formed to take advantage of the need for additional supplies during the Revolution. Hepburn owned 1/6th of the company, Robert Morris 2/6ths (the other half owned by French interests). Although a native of New Jersey, Hepburn set up the business in Charleston, SC, closer to the West Indies from whence the primary imports of the company, rice and indigo, came. [Reference: Ver Steeg, Clarence L. "Stacey Hepburn and Company: Enterprisers in the American Revolution." South Carolina Historical Magazine, vol. 55, 1954.] Condition: Appears to be fine, but not removed from frame for examination.

Auction archive: Lot number 217
Auction:
Datum:
8 Dec 2010
Auction house:
Cowan's Auctions, Inc.
Este Ave 6270
Cincinnati OH 45232
United States
info@cowans.com
+1 (0)513 8711670
+1 (0)513 8718670
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