Book-bot.com - read famous books online for free

The Quaker Colonies, a chronicle of the proprietors of the Delaware by Sydney George Fisher
page 55 of 165 (33%)
badly. The manager of his estates in England and Ireland, Philip
Ford, was enriching himself by the trust, charging compound
interest at eight per cent every six months, and finally claiming
that Penn owed him 14,000 pounds. Ford had rendered accounts from
time to time, but Penn in his careless way had tossed them aside
without examination. When Ford pressed for payment, Penn, still
without making any investigation, foolishly gave Ford a deed in
fee simple of Pennsylvania as security. Afterwards he accepted
from Ford a lease of the province, which was another piece of
folly, for the lease could, of course, be used as evidence to
show that the deed was an absolute conveyance and not intended as
a mortgage.

This unfortunate business Ford kept quiet during his lifetime.
But on his death his widow and son made everything public,
professed to be the proprietors of Pennsylvania, and sued Penn
for 2000 pounds rent in arrears. They obtained a judgment for the
amount claimed and, as Penn could not pay, they had him arrested
and imprisoned for debt. For nine months he was locked up in the
debtors' prison, the "Old Bailey," and there he might have
remained indefinitely if some of his friends had not raised
enough money to compromise with the Fords. Isaac Norris, a
prominent Quaker from Pennsylvania, happened at that time to be
in England and exerted himself to set Penn free and save the
province from further disgrace. After this there was a reaction
in Penn's favor. He selected a better deputy governor for
Pennsylvania. He wrote a long and touching letter to the people,
reminding them how they had flourished and grown rich and free
under his liberal laws, while he had been sinking in poverty.

DigitalOcean Referral Badge