The True George Washington [10th Ed.] by Paul Leicester Ford
page 118 of 306 (38%)
page 118 of 306 (38%)
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year later, just before setting out to be inaugurated, he tried to borrow
five hundred pounds "to discharge what I owe" and to pay the expenses of the journey to New York, but was "unable to obtain more than half of it, (though it was not much I required), and this at an advanced interest with other rigid conditions," though at this time "could I get in one fourth part of what is due me on Bonds" "without the intervention of suits" there would have been ample funds. In 1795 the President said, "my friends entertain a very erroneous idea of my particular resources, when they set me down for a money lender, or one who (now) has a command of it. You may believe me when I assert that the bonds which were due to me before the Revolution, were discharged during the progress of it--with a few exceptions in depreciated paper (in some instances as low as a shilling in the pound). That such has been the management of the Estate, for many years past, especially since my absence from home, now six years, as scarcely to support itself. That my public allowance (whatever the world may think of it) is inadequate to the expence of living in this City; to such an extravagant height has the necessaries as well as the conveniences of life arisen. And, moreover that to keep myself out of debt; I have found it expedient now and then to sell Lands, or something else to effect this purpose." [Illustration: LOTTERY TICKET SIGNED BY WASHINGTON] As these extensive land ventures bespoke a national characteristic, so a liking for other forms of speculation was innate in the great American. During the Revolution he tried to secure an interest in a privateer. One of his favorite flyers was chances in lotteries and raffles, which, if now found only in association with church fairs, were then not merely |
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