Robert Morris: The Financier of American Independence
PragerUJuly 15, 20251 min30,761 views
6 connectionsΒ·6 entities in this videoβThe Financier of the Revolution
- π‘ Robert Morris, a merchant and patriot, played an indispensable role in the American Revolution by using his financial acumen to support the war effort.
- π― Born in Liverpool, England, Morris arrived in America at 13 and, after tragedy left him orphaned, built a successful mercantile empire.
Commitment to Independence
- π Morris entered public service in 1775, serving in the Pennsylvania Assembly and the Second Continental Congress.
- πΊπΈ While initially fearing chaos and abstaining from the vote for independence, he signed the Declaration with resolve once committed.
- π¬ He believed it was every man's duty to serve his country in times of distress.
Financial Support for the War Effort
- π° Considered the richest man in America at the Revolution's start, Morris worked closely with General George Washington to secure supplies.
- β‘ He often used his own personal credit or borrowed from friends to fund the army.
- π Morris helped found the American navy, launched the first national bank, and personally funded troops at Yorktown when they needed pay, earning him the title "finance seer of the revolution."
- π He states that freedom has a cost, which he bore, and that it is now up to others to preserve what was bought.
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Whatβs Discussed
Robert MorrisAmerican RevolutionFinancier of the RevolutionAmerican IndependenceContinental CongressGeorge WashingtonAmerican NavyNational BankYorktownPatriotism
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