Robert Morris (merchant)
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Robert Morris Jr. (January 20, 1734May 8, 1806) was an English-born merchant and a
Founding Father of the United States The Founding Fathers of the United States, known simply as the Founding Fathers or Founders, were a group of late-18th-century American revolutionary leaders who united the Thirteen Colonies, oversaw the war for independence from Great Britai ...
. He served as a member of the
Pennsylvania Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...
legislature, the Second Continental Congress, and the
United States Senate The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and pow ...
, and he was a signer of the
Declaration of Independence A declaration of independence or declaration of statehood or proclamation of independence is an assertion by a polity in a defined territory that it is independent and constitutes a state. Such places are usually declared from part or all of th ...
, the Articles of Confederation, and the United States Constitution. From 1781 to 1784, he served as the Superintendent of Finance of the United States, becoming known as the "Financier of the Revolution." Along with Alexander Hamilton and
Albert Gallatin Abraham Alfonse Albert Gallatin (January 29, 1761 – August 12, 1849) was a Genevan–American politician, diplomat, ethnologist and linguist. Often described as "America's Swiss Founding Father", he was a leading figure in the early years o ...
, he is widely regarded as one of the founders of the financial system of the United States. Born in
Liverpool Liverpool is a city and metropolitan borough in Merseyside, England. With a population of in 2019, it is the 10th largest English district by population and its metropolitan area is the fifth largest in the United Kingdom, with a populat ...
, Morris migrated to North America in his teens, quickly becoming a partner in a successful shipping firm based in
Philadelphia Philadelphia, often called Philly, is the List of municipalities in Pennsylvania#Municipalities, largest city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, the List of United States cities by population, sixth-largest city i ...
. In the aftermath of the
French and Indian War The French and Indian War (1754–1763) was a theater of the Seven Years' War, which pitted the North American colonies of the British Empire against those of the French, each side being supported by various Native American tribes. At the ...
, Morris joined with other merchants in opposing British tax policies such as the 1765 Stamp Act. By 1775 he was the richest man in America. After the outbreak of the
American Revolutionary War The American Revolutionary War (April 19, 1775 – September 3, 1783), also known as the Revolutionary War or American War of Independence, was a major war of the American Revolution. Widely considered as the war that secured the independence of t ...
, he helped procure arms and ammunition for the revolutionary cause, and in late 1775 he was chosen as a delegate to the Second Continental Congress. As a member of Congress, he served on the Secret Committee of Trade, which handled the procurement of supplies, the
Committee of Correspondence The committees of correspondence were, prior to the outbreak of the American Revolutionary War, a collection of American political organizations that sought to coordinate opposition to British Parliament and, later, support for American independe ...
, which handled foreign affairs, and the Marine Committee, which oversaw the Continental Navy. Morris was a leading member of Congress until he resigned in 1778. Out of office, Morris refocused on his merchant career and won election to the
Pennsylvania Assembly The Pennsylvania General Assembly is the legislature of the U.S. commonwealth of Pennsylvania. The legislature convenes in the State Capitol building in Harrisburg. In colonial times (1682–1776), the legislature was known as the Pennsylvania ...
, where he became a leader of the "Republican" faction that sought alterations to the
Pennsylvania Constitution The Constitution of Pennsylvania is the supreme law within the Commonwealth of Pennsylvania. All acts of the General Assembly, the governor, and each governmental agency are subordinate to it. Since 1776, Pennsylvania's Constitution has undergone ...
. Facing a difficult financial situation in the ongoing Revolutionary War, in 1781 Congress established the position of Superintendent of Finance to oversee financial matters. Morris accepted appointment as Superintendent of Finance and also served as Agent of Marine, from which he controlled the Continental Navy. He helped provide supplies to the Continental Army under General
George Washington George Washington (February 22, 1732, 1799) was an American military officer, statesman, and Founding Father who served as the first president of the United States from 1789 to 1797. Appointed by the Continental Congress as commander of ...
, enabling, with the help of frequent collaborator
Haym Salomon Haym Salomon (also Solomon; anglicized from Chaim Salomon; April 7, 1740 – January 6, 1785) was a Polish-born Jewish businessman and political financial broker who assisted the Superintendent of Finance, English-born Robert Morris, as the prim ...
, Washington's decisive victory in the Battle of Yorktown. Morris also reformed government contracting and established the
Bank of North America The Bank of North America was the first chartered bank in the United States, and served as the country's first ''de facto'' central bank. Chartered by the Congress of the Confederation on May 26, 1781, and opened in Philadelphia on January 7, 17 ...
, the first congressionally chartered
national bank In banking, the term national bank carries several meanings: * a bank owned by the state * an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally) * in the United States, an ordinary p ...
to operate in the United States. Morris believed that the national government would be unable to achieve financial stability without the power to levy taxes and
tariffs A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and po ...
, but he was unable to convince all thirteen states to agree to an amendment to the Articles of Confederation. Frustrated by the weakness of the national government, Morris resigned as Superintendent of Finance in 1784. Morris was elected to the
American Philosophical Society The American Philosophical Society (APS), founded in 1743 in Philadelphia, is a scholarly organization that promotes knowledge in the sciences and humanities through research, professional meetings, publications, library resources, and communit ...
in 1786. In 1787, Morris was selected as a delegate to the
Philadelphia Convention The Constitutional Convention took place in Philadelphia from May 25 to September 17, 1787. Although the convention was intended to revise the league of states and first system of government under the Articles of Confederation, the intention f ...
, which wrote and proposed a new constitution for the United States. Morris rarely spoke during the convention, but the constitution produced by the convention reflected many of his ideas. Morris and his allies helped ensure that Pennsylvania ratified the new constitution, and the document was ratified by the requisite number of states by the end of 1788. The Pennsylvania legislature subsequently elected Morris as one of its two inaugural representatives in the United States Senate. Morris declined Washington's offer to serve as the nation's first
Treasury Secretary The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal a ...
, instead suggesting Alexander Hamilton for the position. In the Senate, Morris supported Hamilton's economic program and aligned with the Federalist Party. During and after his service in the Senate, Morris went deeply into debt through speculating on land, leading into the Panic of 1796–1797. Unable to pay his creditors, he was confined in the Prune Street debtors' apartment adjacent to
Walnut Street Prison Walnut Street Prison was a city jail and prison, penitentiary house in Philadelphia, Pennsylvania, from 1790 to 1838. Legislation calling for establishment of the jail was passed in 1773 to relieve overcrowding in the High Street Jail; the first ...
from 1798 to 1801. After being released from prison, he lived a quiet, private life in a modest home in Philadelphia until his death in 1806.


Early life


Youth

Morris was born in youth, England, on January 20, 1734. His parents were Robert Morris Sr., an agent for a shipping firm, and Elizabeth Murphet; biographer Charles Rappleye concludes that Morris was probably born
out of wedlock Legitimacy, in traditional Western common law, is the status of a child born to parents who are legally married to each other, and of a child conceived before the parents obtain a legal divorce. Conversely, ''illegitimacy'', also known as ''b ...
. Until he reached the age of thirteen, Morris was raised by his maternal grandmother in England. In 1747, Morris immigrated to Oxford, Maryland, where his father had prospered in the
tobacco Tobacco is the common name of several plants in the genus '' Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the ...
trade. Two years later, Morris's father sent him to Philadelphia, then the most populous city in
British North America British North America comprised the colonial territories of the British Empire in North America from 1783 onwards. English colonisation of North America began in the 16th century in Newfoundland, then further south at Roanoke and Jamestow ...
, where Morris lived under the care of his father's friend, Charles Greenway.


Merchant career

Greenway arranged for Morris to become an apprentice at the shipping and banking firm of Philadelphia merchant Charles Willing. In 1750, Robert Morris Sr. died from an infected wound, leaving much of his substantial estate to his son. Morris impressed Willing and rose from a teenage trainee to become a key agent in Willing's firm. Morris traveled to Caribbean ports to expand the firm's business, and he gained a knowledge of trading and the various currencies used to exchange goods. He also befriended
Thomas Willing Thomas Willing (December 19, 1731 – January 19, 1821) was an American merchant, politician and slave trader who served as mayor of Philadelphia and was a delegate from Pennsylvania to the Continental Congress. He also served as the first pre ...
, the oldest son of Charles Willing who was two years older than Morris and who, like Morris, had split his life between England and British North America. Charles Willing died in 1754, and in 1757 Thomas made Morris a full partner in the newly renamed firm of Willing Morris & Company. Morris's shipping firm was just one of many such firms operating in Philadelphia, but Willing Morris & Company pursued several innovative strategies. The firm pooled with other shipping firms to insure vessels, aggressively expanded trade with India, and underwrote government projects through bonds and promissory notes. Ships of the firm traded with India, the
Levant The Levant () is an approximate historical geographical term referring to a large area in the Eastern Mediterranean region of Western Asia. In its narrowest sense, which is in use today in archaeology and other cultural contexts, it is ...
, the
West Indies The West Indies is a subregion of North America, surrounded by the North Atlantic Ocean and the Caribbean Sea that includes 13 independent island countries and 18 dependencies and other territories in three major archipelagos: the Greate ...
, Spanish
Cuba Cuba ( , ), officially the Republic of Cuba ( es, República de Cuba, links=no ), is an island country comprising the island of Cuba, as well as Isla de la Juventud and several minor archipelagos. Cuba is located where the northern Caribbea ...
, Spain, and Italy. The firm's business of import, export, and general agency made it one of the most prosperous in Pennsylvania. In 1784, Morris, with other investors, underwrote the voyage of the ship '' Empress of China'', the first American vessel to visit the Chinese mainland.


Slavery

Morris's partnership with Willing was forged just after the beginning of the
Seven Years' War The Seven Years' War (1756–1763) was a global conflict that involved most of the European Great Powers, and was fought primarily in Europe, the Americas, and Asia-Pacific. Other concurrent conflicts include the French and Indian War (175 ...
, which hindered attracting the usual supply of new indentured servants to the colony. Potential immigrants were conscripted in England to fight in Europe, and the contracts for those already in the colonies in America were expiring. At the same time, the British Crown wanted to encourage the
slave trade Slavery and enslavement are both the state and the condition of being a slave—someone forbidden to quit one's service for an enslaver, and who is treated by the enslaver as property. Slavery typically involves slaves being made to perf ...
which was profitable for the king's political allies in the
African Company of Merchants The African Company of Merchants or Company of Merchants Trading to Africa was a British chartered company operating from 1752 to 1821 in the Gold Coast area of modern Ghana, engaged in the Atlantic slave trade. Background The company was estab ...
. While Morris was a junior partner and Willing was pursuing a political career, the company Willing, Morris & Co. co-signed a petition calling for the repeal of Pennsylvania's tariff on imported slaves. (About 200 slaves were imported into Philadelphia in 1762, the height of the trade; most were brought in by the Rhode Islanders D'Wolf, Aaron Lopez, and Jacob Rivera.) Willing, Morris & Co funded its own slave-trading voyage. The ship did not carry enough to be profitable and, during a second trip, was captured by French
privateer A privateer is a private person or ship that engages in maritime warfare under a commission of war. Since robbery under arms was a common aspect of seaborne trade, until the early 19th century all merchant ships carried arms. A sovereign or deleg ...
s. The firm handled two slave auctions for other importers, offering a total of 23 slaves. In 1762, the firm advertised an agency sale in
Wilmington, Delaware Wilmington (Lenape: ''Paxahakink /'' ''Pakehakink)'' is the largest city in the U.S. state of Delaware. The city was built on the site of Fort Christina, the first Swedish settlement in North America. It lies at the confluence of the Christina ...
, for over 100
Gold Coast Gold Coast may refer to: Places Africa * Gold Coast (region), in West Africa, which was made up of the following colonies, before being established as the independent nation of Ghana: ** Portuguese Gold Coast (Portuguese, 1482–1642) ** Dutch G ...
slaves. The ship had docked in Wilmington to avoid the tariff. In 1765, on their last reported agency deal related to slavery (out of a total of eight), the firm advertised 17 slaves who were brought in from Africa on the ship ''Marquis de Granby''. The slaves were not sold in Philadelphia, as the owner took the ship and all the slaves to Jamaica. He worked on the slave trade and owned slaves until 1797.


Personal and family life

In early 1769, at age 35, Morris married 20-year-old Mary White, the daughter of a wealthy and prestigious lawyer and landholder. Mary gave birth to the couple's first of seven children in December 1769. (A son of Robert and Mary Morris was Congressman
Thomas Morris (New York politician) Thomas Morris (February 26, 1771 – March 12, 1849) was a United States representative from New York and was a son of Founding Father Robert Morris. Early life Morris was born on February 26, 1771 in Philadelphia in the Province of Pennsylv ...
whose wife was related to the Livingston and Van Rensselaer New York political families). Morris and his family lived on Front Street in Philadelphia and maintained a second home, known as "The Hills," on the
Schuylkill River The Schuylkill River ( , ) is a river running northwest to southeast in eastern Pennsylvania. The river was improved by navigations into the Schuylkill Canal, and several of its tributaries drain major parts of Pennsylvania's Coal Region. It f ...
to the northwest of the city. He later purchased another rural manor, which he named Morrisville, that was located across the Delaware River from
Trenton, New Jersey Trenton is the capital city of the U.S. state of New Jersey and the county seat of Mercer County. It was the capital of the United States from November 1 to December 24, 1784.Anglican Christ Church, which was also attended by
Benjamin Franklin Benjamin Franklin ( April 17, 1790) was an American polymath who was active as a writer, scientist, inventor, statesman, diplomat, printer, publisher, and political philosopher. Encyclopædia Britannica, Wood, 2021 Among the leading inte ...
, Thomas Willing, and other leading citizens of Philadelphia. The Morris household employed several domestic workers and retained several slaves. In addition to the children he sired with Mary White, Morris fathered a daughter, Polly, who was born out of wedlock around 1763. Morris supported Polly financially and remained in contact with her throughout her adult life. Morris also supported a younger half-brother, Thomas, whom Morris's father had sired out of wedlock shortly before his own death. Thomas eventually became a partner in Morris's shipping firm. Mary's brother, William White, was ordained as an Episcopal priest and served as the Senate chaplain. In 1781, Morris purchased a home on
Market Street Market Street may refer to: *Market Street, Cambridge, England *Market Street, Fremantle, Western Australia, Australia * Market Street, George Town, Penang, Malaysia *Market Street, Manchester, England *Market Street, Melbourne, Victoria, Australia ...
that was two blocks north of
Independence Hall Independence Hall is a historic civic building in Philadelphia, where both the United States Declaration of Independence and the United States Constitution were debated and adopted by America's Founding Fathers. The structure forms the centerpi ...
, the seat of the Second Continental Congress. He gained clear title to the estate in 1785 and made it his primary residence. In 1790, President
George Washington George Washington (February 22, 1732, 1799) was an American military officer, statesman, and Founding Father who served as the first president of the United States from 1789 to 1797. Appointed by the Continental Congress as commander of ...
accepted Morris's offer to make the house his primary residence; Morris and his family subsequently moved to a smaller, neighboring property. By the 1790s, Morris had become close friends with Washington, and he and his wife were regular fixtures at state events thrown by the president. The President's House, as it became known, served as the residence of the president until 1800, when President
John Adams John Adams (October 30, 1735 – July 4, 1826) was an American statesman, attorney, diplomat, writer, and Founding Father who served as the second president of the United States from 1797 to 1801. Before his presidency, he was a leader of t ...
moved to the
White House The White House is the official residence and workplace of the president of the United States. It is located at 1600 Pennsylvania Avenue NW in Washington, D.C., and has been the residence of every U.S. president since John Adams in ...
in
Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...


American Revolution


Rising tensions with Britain

In 1765, the Parliament of Great Britain imposed the Stamp Act, a tax on transactions involving paper that proved widely unpopular in British North America. In one of his first major political acts, Morris joined with several other merchants in pressuring British agent John Hughes to refrain from collecting the new tax. Facing colonial resistance, Parliament repealed the tax, but it later implemented other policies designed to generate tax revenue from the colonies. During the decade after the imposition of the Stamp Act, Morris would frequently join with other merchants in protesting many of Parliament's taxation policies. Writing to a friend about his objections to British tax policies, Morris stated that "I am a native of England but from principle am American in this dispute."Rappleye (2010), pp. 27–28 While his partner, Thomas Willing, served in various governmental positions, Morris declined to serve in any public office other than that of port warden (a position he shared with six other individuals), and he generally let Willing act as the public face of the firm. In early 1774, in response to the
Intolerable Acts The Intolerable Acts were a series of punitive laws passed by the British Parliament in 1774 after the Boston Tea Party. The laws aimed to punish Massachusetts colonists for their defiance in the Tea Party protest of the Tea Act, a tax measur ...
, many colonists in British North America began calling for a boycott of British goods. In Philadelphia, Willing,
Charles Thomson Charles Thomson (November 29, 1729 – August 16, 1824) was an Irish-born Patriot leader in Philadelphia during the American Revolution and the secretary of the Continental Congress (1774–1789) throughout its existence. As secretary, Thomson ...
, and
John Dickinson John Dickinson (November 13 Julian_calendar">/nowiki>Julian_calendar_November_2.html" ;"title="Julian_calendar.html" ;"title="/nowiki>Julian calendar">/nowiki>Julian calendar November 2">Julian_calendar.html" ;"title="/nowiki>Julian calendar" ...
took the lead in calling for a congress of all the colonies to coordinate a response to British tax policies. Morris was not elected to the First Continental Congress, which convened in Philadelphia in August 1774, but he frequently met with the congressional delegates and befriended colonial leaders such as George Washington and
John Jay John Jay (December 12, 1745 – May 17, 1829) was an American statesman, patriot, diplomat, abolitionist, signatory of the Treaty of Paris, and a Founding Father of the United States. He served as the second governor of New York and the f ...
. Morris generally sympathized with the position of the delegates who favored the reform of British policies but were unwilling to fully break with Britain. In September 1774, the First Continental Congress voted to create the
Continental Association The Continental Association, also known as the Articles of Association or simply the Association, was an agreement among the American colonies adopted by the First Continental Congress on October 20, 1774. It called for a trade boycott against ...
, an agreement to enforce a boycott against British goods beginning in December; it also advised each colony to establish committees to enforce the boycott. Morris was elected to the Philadelphia committee charged with enforcing the boycott.


Continental Congress


Early war, 1775–August 1776

In April 1775, the
American Revolutionary War The American Revolutionary War (April 19, 1775 – September 3, 1783), also known as the Revolutionary War or American War of Independence, was a major war of the American Revolution. Widely considered as the war that secured the independence of t ...
broke out following the Battles of Lexington and Concord. Shortly thereafter, the Second Continental Congress began meeting in
Philadelphia Philadelphia, often called Philly, is the List of municipalities in Pennsylvania#Municipalities, largest city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, the List of United States cities by population, sixth-largest city i ...
, and Congress appointed
George Washington George Washington (February 22, 1732, 1799) was an American military officer, statesman, and Founding Father who served as the first president of the United States from 1789 to 1797. Appointed by the Continental Congress as commander of ...
to command the Continental Army. The Pennsylvania Provincial Assembly established the twenty-five member Committee of Safety to supervise defenses, and Morris was appointed to the committee. Morris became part of the core group of members that directed the committee, and served as the committee's chairman when
Benjamin Franklin Benjamin Franklin ( April 17, 1790) was an American polymath who was active as a writer, scientist, inventor, statesman, diplomat, printer, publisher, and political philosopher. Encyclopædia Britannica, Wood, 2021 Among the leading inte ...
was absent. Charged with obtaining
gunpowder Gunpowder, also commonly known as black powder to distinguish it from modern smokeless powder, is the earliest known chemical explosive. It consists of a mixture of sulfur, carbon (in the form of charcoal) and potassium nitrate (saltpeter). Th ...
, Morris arranged a large-scale smuggling operation to avoid British laws designed to prevent arms and ammunition from being imported into the colonies. Due to his success at smuggling gunpowder for Pennsylvania, Morris also became the chief supplier of gunpowder to the Continental Army. Morris became increasingly focused on political affairs rather than business, and in October 1775 he won election to the Pennsylvania Provincial Assembly. Later in the year, the Provincial Assembly elected Morris as a delegate to Congress. In Congress, Morris aligned with the less radical faction of delegates that protested British policies but continued to favor reconciliation with Britain. He was appointed to the Secret Committee of Trade, which supervised the procurement of arms and ammunition. As the revolutionary government lacked an executive branch or a civil service, the committees of Congress handled all government business. Biographer Charles Rappleye writes that the committee "handled its contracts in a clubby, often incestuous manner" that may have unfairly benefited politically connected merchants, including Morris. However, Rappleye also notes that the dangerous and secretive nature of a committee charged with obtaining contraband goods made it difficult for the committee to establish competitive
bidding Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service ''or'' a demand that something be done. Bidding is used to determine the cost or value of something. Bidding can be performed ...
procedures for procurement contracts. In addition to his service on the Secret Committee of Trade, Morris was also appointed to the Marine Committee, which oversaw the Continental Navy, and the Committee of Secret Correspondence, which oversaw efforts to establish relations with foreign powers. From his position on the latter committee, Morris helped arrange for the appointment of
Silas Deane Silas Deane (September 23, 1789) was an American merchant, politician, and diplomat, and a supporter of American independence. Deane served as a delegate to the Continental Congress, where he signed the Continental Association, and then became the ...
as Congress's representative to France; Deane was charged with procuring supplies and securing a formal alliance with France. Throughout 1776, Morris would emerge as a key figure on the Marine Committee; Rappleye describes him as the "de facto commander" of the Continental Navy. Morris favored a naval strategy of attacking Britain's "defenseless places" in an effort to divide Britain's numerically superior fleet. Along with Franklin, Dickinson, and
John Adams John Adams (October 30, 1735 – July 4, 1826) was an American statesman, attorney, diplomat, writer, and Founding Father who served as the second president of the United States from 1797 to 1801. Before his presidency, he was a leader of t ...
, Morris helped draft the Model Treaty, which was designed to serve as a template for relations with foreign countries. Unlike Britain's mercantile trade policies, the Model Treaty emphasized the importance of
free trade Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold econ ...
. In March 1776, after the death of Samuel Ward, Morris was named as the chairman of the Secret Committee of Trade. He established a network of agents, based in both the colonies and various foreign ports, charged with procuring supplies for the Continental war effort. In late February 1776, Americans learned that the British Parliament had passed the Prohibitory Act, which declared that all American shipping was subject to seizure by British ships. Unlike many other congressional leaders, Morris continued to hope for reconciliation with Britain, since he believed that all-out war still lacked the strong support of a majority of Americans and would prove financially ruinous. In June 1776, due largely to frustration with the moderate faction of Pennsylvania leaders that included Morris, a convention of delegates from across Pennsylvania began meeting to draft a new constitution and establish a new state government. At the same time, Congress was debating whether to formally declare independence from Britain. By early July 1776, Pennsylvania's delegation was the lone congressional delegation opposed to declaring independence. Morris refused to vote for independence, but he and another Pennsylvania delegate agreed to excuse themselves from the vote on independence, thereby giving the pro-independence movement a majority in the Pennsylvania delegation. With Morris absent, all congressional delegations voted to pass a resolution declaring independence on July 2, and the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
formally declared independence on July 4, 1776. Despite his opposition to independence, and much to Morris's surprise, the Pennsylvania constitutional convention voted to keep Morris in Congress; he was the lone anti-independence delegate from Pennsylvania to retain his position. In August, Morris signed the
Declaration of Independence A declaration of independence or declaration of statehood or proclamation of independence is an assertion by a polity in a defined territory that it is independent and constitutes a state. Such places are usually declared from part or all of th ...
despite having abstained. In explaining his decision, he stated, "I am not one of those politicians that run testy when my own plans are not adopted. I think it is the duty of a good citizen to follow when he cannot lead." He also stated, "while I do not wish to see my countrymen die on the field of battle nor do I wish to see them live in tyranny".


Continued war, August 1776–1778

After the Declaration of Independence was issued, Morris continued to supervise and coordinate efforts to secure arms and ammunition and export American goods. His strategy focused on using ships from New England to export tobacco and other goods from the Southern states to Europe and the islands of the Caribbean, then using the capital obtained from those exports to purchase military supplies from Europe. British spies and warships often frustrated his plans, and many American ships were captured in the midst of trading operations. In response, Morris authorized American envoys in Europe to commission privateers to attack British shipping, and he arranged for an agent, William Bingham, to pay for repairs to American privateers on the French island of
Martinique Martinique ( , ; gcf, label=Martinican Creole, Matinik or ; Kalinago: or ) is an island and an overseas department/region and single territorial collectivity of France. An integral part of the French Republic, Martinique is located in ...
. Due to the lucrative nature of privateering, Morris also started outfitting his own privateers. Another agent of Morris's, his half-brother Thomas Morris, proved a disastrous choice for managing American privateers in Europe, as Thomas engaged in binge drinking and mismanaged funds. In October 1776, at the urging of Morris and Benjamin Franklin, Congress authorized the appointment of two envoys charged with seeking a formal treaty of alliance with France; ultimately, Benjamin Franklin and Arthur Lee were appointed as those envoys. Along with Silas Deane, Franklin would help to greatly expand arms shipments from France and
Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...
, but Lee proved to be completely incompetent in his efforts to gain support from
Prussia Prussia, , Old Prussian: ''Prūsa'' or ''Prūsija'' was a German state on the southeast coast of the Baltic Sea. It formed the German Empire under Prussian rule when it united the German states in 1871. It was ''de facto'' dissolved by an ...
and the Habsburg monarchy. In early December 1776, Washington's army was forced to retreat across the Delaware River and into Pennsylvania, and most members of Congress temporarily left Philadelphia. Morris was one of few delegates to remain in the city, and Congress appointed Morris and two other delegates to "execute Continental business" in its absence. Morris frequently corresponded with Washington, and he provided supplies that helped enable the Continental victory at the Battle of Trenton. After the Continental Army was defeated in the September 1777 Battle of Brandywine, Congress fled west from Philadelphia; Morris and his family went to live at the estate they had recently purchased in Manheim, Pennsylvania. Morris obtained a leave of absence in late 1777, but he spent much of his time defending himself against attacks regarding alleged mismanagement and financial improprieties levied by the pro-slavery allies of
Henry Laurens Henry Laurens (December 8, 1792) was an American Founding Father, merchant, slave trader, and rice planter from South Carolina who became a political leader during the Revolutionary War. A delegate to the Second Continental Congress, Laure ...
, the
president of the Continental Congress The president of the United States in Congress Assembled, known unofficially as the president of the Continental Congress and later as the president of the Congress of the Confederation, was the presiding officer of the Continental Congress, the ...
. Due to his leave of absence, Morris did not play a large role in drafting the Articles of Confederation, which would be the first constitution of the United States, but he signed the document in March 1778. As some states objected to the Articles, it would not enter into force until 1781.Rappleye (2010), pp. 144–145 Morris returned to Congress in May 1778 to vote for a measure to provide pensions to Continental Army officers. He formed a close working relationship with
Gouverneur Morris Gouverneur Morris ( ; January 31, 1752 – November 6, 1816) was an American statesman, a Founding Father of the United States, and a signatory to the Articles of Confederation and the United States Constitution. He wrote the Preamble to th ...
(no relation), a young New York congressman who shared many of Robert Morris's views. The following month, Morris returned with Congress to Philadelphia, which had been evacuated by the British. Morris did not resume his wide array of duties in Congress, seeking instead to wind down his projects so that he could focus on business. In late 1778, Morris won election to the state assembly as part of a slate of candidates that favored reforming the Pennsylvania constitution; he resigned from Congress to take up his seat. After Morris left Congress, slave trader, Henry Laurens,
Thomas Paine Thomas Paine (born Thomas Pain; – In the contemporary record as noted by Conway, Paine's birth date is given as January 29, 1736–37. Common practice was to use a dash or a slash to separate the old-style year from the new-style year. In th ...
, and some other members of Congress continued their false attacks on him for allegedly using his position in Congress for his own financial benefit, but in early 1779 a congressional committee cleared Morris of all charges.


Out of Congress, 1779–1781

With their plans to call a new state constitutional convention frustrated by Joseph Reed and others, Morris and
James Wilson James Wilson may refer to: Politicians and government officials Canada *James Wilson (Upper Canada politician) (1770–1847), English-born farmer and political figure in Upper Canada * James Crocket Wilson (1841–1899), Canadian MP from Quebe ...
founded the Republican Society, a political club devoted to implementing a new state constitution. The Republican Society favored a bicameral legislature, a state executive with
veto A veto is a legal power to unilaterally stop an official action. In the most typical case, a president or monarch vetoes a bill to stop it from becoming law. In many countries, veto powers are established in the country's constitution. Veto ...
power, an independent judiciary, and an end to loyalty oaths to the state government. Other prominent Pennsylvanians, including Wilson,
Benjamin Rush Benjamin Rush (April 19, 1813) was a Founding Father of the United States who signed the United States Declaration of Independence, and a civic leader in Philadelphia, where he was a physician, politician, social reformer, humanitarian, educa ...
,
Thomas Mifflin Thomas Mifflin (January 10, 1744January 20, 1800) was an American merchant, soldier, and politician from Pennsylvania, who is regarded as a Founding Father of the United States for his roles during and after the American Revolution. Mifflin wa ...
, and Charles Thomson, supported the Republican Society's goals, but Morris became the de facto leader of the faction that became known as the Republicans. Meanwhile, those who favored maintaining the state constitution became known as the Constitutionalists. Due to rising
inflation In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduct ...
, in mid-1779 the Constitutionalists established a committee to implement price controls; numerous Philadelphia merchants were arrested for allegedly violating the committee's orders, but Morris avoided imprisonment and emerged as a leading opponent of the committee. The price control committee proved ineffective and disbanded in September, but the following month a mob rioted and seized several Republican leaders. Morris and other Republicans sheltered at James Wilson's house, where they were rescued by Reed and a detachment of the Continental Army. Wilson fled the city after the riot, and popular anger at merchants resulted in Morris's defeat in his campaign for re-election to the state legislature. Out of public office for the first time since the start of the American Revolution, Morris focused on expanding his shipping business. He partnered with several out-of-state businessmen, including Jonathan Hudson of Maryland and Carter Braxton and
Benjamin Harrison Benjamin Harrison (August 20, 1833March 13, 1901) was an American lawyer and politician who served as the 23rd president of the United States from 1889 to 1893. He was a member of the Harrison family of Virginia–a grandson of the ninth pr ...
of Virginia, to form what biographer Charles Rappleye calls "the first national conglomerate." In these trading ventures, Morris often provided financing and oversight but left the details to his partners. With national finances in tatters, Morris led a group of merchants in creating the Bank of Pennsylvania, which provided funding for the purchase of supplies by the Continental Army. The bank did not engage in the full range of modern banking activities, but it did accept deposits and provide a potential model for monetary reforms at the national level. The success of the bank provided a boost to Morris's popularity, and in October 1780, he won election to the state legislature.


Superintendent of Finance


First months

In the midst of the American Revolutionary War, U.S. government finances fell into a poor state as Congress lacked the power to raise revenue and the states largely refused to furnish funding. Without a mechanism for raising revenue, Congress repeatedly issued
paper money A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued ...
, leading to rampant inflation. By 1781, the U.S. faced an unremitting financial crisis, which was underscored by the January 1781 Pennsylvania Line Mutiny, in which ten poorly fed, unpaid Continental Army regiments demanded better conditions from Congress. Though the mutiny was put down, it convinced Congress to implement reforms that created the departments of war, marine, finance, and foreign affairs, each of which would be led by a departmental executive. By a unanimous vote, Congress selected Morris as the Superintendent of Finance. Morris accepted appointment as the Superintendent of Finance in May 1781, and he appointed Gouverneur Morris as his deputy. Morris soon emerged as the key economic official in the country and became a leader of the Nationalist faction, an informal group of American leaders who favored a stronger national government. He also had effective control over foreign affairs until
Robert R. Livingston Robert Robert Livingston (November 27, 1746 (Old Style November 16) – February 26, 1813) was an American lawyer, politician, and diplomat from New York, as well as a Founding Father of the United States. He was known as "The Chancellor", afte ...
was appointed as Secretary of Foreign Affairs later in the year. In September 1781, Morris reluctantly agreed to serve as the Agent of Marine, giving him civilian leadership of the Continental Navy. Congress filled the last of the executive positions in November, when
Benjamin Lincoln Benjamin Lincoln (January 24, 1733 ( O.S. January 13, 1733) – May 9, 1810) was an American army officer. He served as a major general in the Continental Army during the American Revolutionary War. Lincoln was involved in three major surrenders ...
accepted appointment as
Secretary of War The secretary of war was a member of the U.S. president's Cabinet, beginning with George Washington's administration. A similar position, called either "Secretary at War" or "Secretary of War", had been appointed to serve the Congress of the ...
. Along with General Washington and Continental Congress secretary Charles Thomson, the three executives served as the leaders of the de facto first national executive branch in U.S. history; Morris assumed an unofficial role as the leading department secretary. All three executives, as well as Washington, aligned with the Nationalist faction, and they all cooperated to enhance the power of the national government. In mid-1782, Congress established standing committees to provide oversight to the executive departments; Morris supported the congressional reorganization, but to his dismay, his longtime foe Arthur Lee became the chairman of the committee overseeing the finance department. Morris pursued an array of reforms designed to boost the economy; many of the reforms were inspired by the
laissez-faire ''Laissez-faire'' ( ; from french: laissez faire , ) is an economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies) deriving from special interest groups ...
economic ideas of Adam Smith. Shortly after taking office, he convinced Congress to establish the
Bank of North America The Bank of North America was the first chartered bank in the United States, and served as the country's first ''de facto'' central bank. Chartered by the Congress of the Confederation on May 26, 1781, and opened in Philadelphia on January 7, 17 ...
, the first bank to operate in the United States. Such a bank had been discussed in the months prior to Morris's appointment, but the bank itself was organized along lines laid out by Robert Morris and Gouverneur Morris. It was established as a private institution governed by its investors, but was subject to inspection by the Superintendent of Finance. The bank would take the national government's deposits, provide loans to Congress, and issue
banknotes A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued ...
. Morris hoped that the bank would help finance the war, stabilize the nation's currency, and bring the country together under one unified monetary policy. As the bank would take some time to begin functioning, in 1781 Morris presided over the issuing of a new currency, referred to as "Morris notes," backed by Morris's own funds. Morris also convinced Congress to allow him to purchase all supplies for the Continental Army, and Congress required states to furnish funding rather than supplying goods like flour or meat. By 1781, the Revolutionary War had become a stalemate between Britain and the United States. The British had concentrated their military operations in the Southern theater of the war, while leaving a large force garrisoned at
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
. In August 1781, Morris met with General Washington and the
comte de Rochambeau Marshal Jean-Baptiste Donatien de Vimeur, comte de Rochambeau, 1 July 1725 – 10 May 1807, was a French nobleman and general whose army played the decisive role in helping the United States defeat the British army at Yorktown in 1781 during the ...
, who were planning a joint Franco-American operation against the British forces. Morris redirected government funds to purchase supplies for Washington's march against British forces in Virginia, and he pleaded with state governments and the French government for further funding, with the final $20,000 needed coming from Morris's longtime collaborator,
Haym Salomon Haym Salomon (also Solomon; anglicized from Chaim Salomon; April 7, 1740 – January 6, 1785) was a Polish-born Jewish businessman and political financial broker who assisted the Superintendent of Finance, English-born Robert Morris, as the prim ...
. At the October 1781 Battle of Yorktown, Washington forced the surrender of the British army under the command of General
Cornwallis Charles Cornwallis, 1st Marquess Cornwallis, (31 December 1738 – 5 October 1805), styled Viscount Brome between 1753 and 1762 and known as the Earl Cornwallis between 1762 and 1792, was a British Army general and official. In the United S ...
. After the Battle of Yorktown, Britain essentially abandoned its campaign on land, but the naval war continued as Britain sought to cut the United States off from its sources of trade.


After Yorktown

Months after the Battle of Yorktown, Morris issued the "Report on Public Credit," an ambitious economic plan calling for the full payment of the country's war debt through new revenue measures. It included a head tax on slaves in the various states, but above all, he pushed for a federal
tariff A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and pol ...
of five percent on all imported goods, which would require an amendment to the recently approved Articles of Confederation. Such an amendment would greatly strengthen the power of the national government, but the amendment process required the consent of each state, and many states were reluctant to alter the balance of power between the states and the national government. The Articles gave Congress the sole power to conduct foreign policy, but the states retained all power over funding; Congress had no independent power to raise funds, and lacked any mechanism to force states provide the funds that they owed to Congress. Writing to the state governors, Morris argued that it was "high time to reliever ourselves from the infamy we have already sustained, and to rescue and restore the national credit. This can only be done by solid revenue." By late 1782, all of the states but Rhode Island had agreed to back an amendment allowing the tariff, but that was enough to block the amendment. Though he was frustrated in the tariff battle, Morris continued to implement and propose other economic reforms. In January 1782, after receiving its charter from Congress, the Bank of North America commenced operations, and the bank's currency soon achieved wide circulation. Morris sought the establishment of a national
mint MiNT is Now TOS (MiNT) is a free software alternative operating system kernel for the Atari ST system and its successors. It is a multi-tasking alternative to TOS and MagiC. Together with the free system components fVDI device drivers, XaA ...
to provide for a single coinage throughout the United States, and proposed the first decimal currency, but Congress was unwilling to back this project. He appointed several receivers, including Alexander Hamilton, to help circulate banknotes, report on the prices of goods, and perform other functions in places throughout the United States. He also reformed government procurement of supplies, saving money by placing the onus for the storage and transport of supplies on government contractors.


Newburgh Conspiracy

Even after implementing several financial reforms, Morris was unable to pay the soldiers of the Continental Army. The chief issue, aside from the unwillingness of the states to amend the Articles of Confederation, was the unwillingness of the states to supply adequate funding; many states refused to furnish any funds at all. The Bank of North America provided some loans, but eventually refused to furnish more funds until previous loans were paid off. Morris's efforts were further complicated by France's reluctance to extend more loans, as well as a drop-off in American trade, caused in part by British naval operations. In December 1782, shortly after the apparent defeat of the proposed amendment to allow the national government to levy a tariff, General
Alexander McDougall Alexander McDougall (1732 9 June 1786) was a Scottish-born American seaman, merchant, a Sons of Liberty leader from New York City before and during the American Revolution, and a military leader during the Revolutionary War. He served as a m ...
led a delegation that presented a petition for immediate payment on behalf of the Continental Army. While Morris helped temporarily defuse the crisis by offering the soldiers one month's pay, the petition reflected widespread unhappiness in the Continental Army at the continued lack of pay. Some Nationalists, including Gouverneur Morris, believed that only the discontent of the army could force the adoption of the amendment authorizing Congress to impose a tariff. In March, Colonel Walter Stewart delivered the "Newburgh Address," in which he urged members of the Continental Army to rise up against Congress and demand payment. Washington prevented a mutiny by assuring the soldiers that they would eventually be paid. In the aftermath of the near-mutiny, Morris denied that he had played any role in fomenting insurrection. Nonetheless, most historians believe that Morris was one of three leaders of the "
Newburgh Conspiracy The Newburgh Conspiracy was a failed apparent threat by leaders of the Continental Army in March 1783, at the end of the American Revolutionary War. The Army's commander, George Washington, successfully calmed the soldiers and helped secure back ...
, along with Alexander Hamilton and Gouverneur Morris. Jack N. Rakove emphasizes the leadership of Robert Morris.


National debt

Frustrated by his defeat in the tariff battle and the failure of states to provide adequate funding, Morris thought he was being forced to run up debts that the states were unwilling to pay. Writing that he would not be the "Minister of Injustice", he submitted his resignation in early 1783, but Hamilton and other Nationalists convinced him to stay in office.
As of January 1, 1783, the public debt was $42 million of which 18.77 percent was foreign debt and 81.23 percent was owned at home.Financial History of the United States. p. 317
/ref>
In a report to the President of Congress Morris wrote: *Domestic Debt...$35,327,769 of which *Loan Certificates...$11,463,802 ith two years interest loan due $877,828*Army Debt...$635,618.00 The rest being unliquidated debts, etc., interest. At roughly the same time, Morris and others in Philadelphia learned that the United States and Britain had signed a preliminary peace agreement, bringing an unofficial end to the Revolutionary War. Congress approved a furlough of the Continental Army soldiers, subject to recall in case hostilities broke out once again. Morris distributed "Morris notes" to the remaining soldiers, but many soldiers departed for their homes rather than waiting for the notes. After a mutiny over pay broke out in Pennsylvania, Congress voted to leave Philadelphia and establish a provincial capital in
Princeton, New Jersey Princeton is a municipality with a borough form of government in Mercer County, in the U.S. state of New Jersey. It was established on January 1, 2013, through the consolidation of the Borough of Princeton and Princeton Township, both of whi ...
; the mutiny dissipated shortly thereafter. Nationalists were devastated by this turn of events, and Hamilton resigned from Congress in mid-1783 after his proposal for convention to revise the Articles of Confederation was ignored. In November 1784, Morris resigned from his government positions. Rather than finding a successor for Morris, Congress established the three-member Board of Treasury, consisting of Arthur Lee,
William Livingston William Livingston (November 30, 1723July 25, 1790) was an American politician who served as the first governor of New Jersey (1776–1790) during the American Revolutionary War. As a New Jersey representative in the Continental Congress, he sig ...
, and
Samuel Osgood Samuel Osgood (February 3, 1747 – August 12, 1813) was an American merchant and statesman born in Andover, Massachusetts, currently a part of North Andover, Massachusetts. His family home still stands at 440 Osgood Street in North Andover ...
. In 1778–1779 Morris had attempted to strengthen out the accounts of the old Commercial Committee but had to give it up; he stated in answer to Paine "the accounts of Willing and Morris with the committee had been partially settled, but were still partially open, because the transactions could not be closed up." The Treasury Board elected in 1794-1795 those old accounts were brought to a settlement—a June 1796 entry in the Treasury debt against Morris for $93,312.63. Morris would explain in 1800 in debtors' prison that in fact the debt was due not just to himself but also his partners John Ross and
Thomas Willing Thomas Willing (December 19, 1731 – January 19, 1821) was an American merchant, politician and slave trader who served as mayor of Philadelphia and was a delegate from Pennsylvania to the Continental Congress. He also served as the first pre ...
.


Later political career


Constitutional convention

After leaving office, Morris once again devoted himself to business, but state and federal politics remained a factor in his life. After the Pennsylvania legislature stripped the Bank of North America of its charter, Morris won election to the state legislature and helped restore the bank's charter. Meanwhile, the United States suffered a sustained recession after the end of the Revolutionary War, caused by the lingering debt burden and new restrictions on trade imposed by the European powers. Some members of Congress, including those on the Board of Treasury, continued to favor amendments to the Articles of Confederation, but the states still refused to authorize major changes to the Articles. In 1786, Morris was one of five Pennsylvania delegates selected to attend the Annapolis Convention, where delegates discussed ways to reform the Articles of Confederation. Though Morris ultimately declined to attend the convention, the delegates convinced Congress to authorize a convention in Philadelphia in May 1787 to amend the Articles. The Pennsylvania state legislature sent a delegation consisting of Morris, James Wilson, Gouverneur Morris,
George Clymer George Clymer (March 16, 1739January 23, 1813) was an American politician, abolitionist and Founding Father of the United States, one of only six founders who signed both the Declaration of Independence and U.S. Constitution. He was among the e ...
,
Thomas Mifflin Thomas Mifflin (January 10, 1744January 20, 1800) was an American merchant, soldier, and politician from Pennsylvania, who is regarded as a Founding Father of the United States for his roles during and after the American Revolution. Mifflin wa ...
,
Jared Ingersoll Jared Ingersoll (October 24, 1749 – October 31, 1822) was an American Founding Father, lawyer, and statesman from Philadelphia, Pennsylvania. He was a delegate to the Continental Congress and a signer of the United States Constitution. He se ...
, and Ben Franklin to the
Philadelphia Convention The Constitutional Convention took place in Philadelphia from May 25 to September 17, 1787. Although the convention was intended to revise the league of states and first system of government under the Articles of Confederation, the intention f ...
. With the exception of Franklin (who avoided aligning with either political faction in Pennsylvania), all of the Pennsylvania delegates were closely aligned with Morris's Republican faction, a reflection of Republican strength in the state legislature. Many of Morris's Nationalist allies from other states, including Hamilton,
James Madison James Madison Jr. (March 16, 1751June 28, 1836) was an American statesman, diplomat, and Founding Father. He served as the fourth president of the United States from 1809 to 1817. Madison is hailed as the "Father of the Constitution" for h ...
, John Dickinson, and Washington, would also attend the convention. With Franklin ill, Morris opened the proceedings of the Philadelphia Convention on May 25. His motion to nominate Washington as chairman of the convention was backed by a unanimous vote. Morris consistently attended the meeting of the convention, but rarely spoke after the first day, instead allowing lawyers and others more experienced with the law to debate various issues. His primary goals, including a provision ensuring the federal government had the power to lay tariffs and taxes, were shared by the vast majority of delegates at the convention. On September 17, Morris signed the final document produced by the convention which, rather than amending the Articles, was intended to supplant the Articles as the new
Constitution of the United States The Constitution of the United States is the supreme law of the United States of America. It superseded the Articles of Confederation, the nation's first constitution, in 1789. Originally comprising seven articles, it delineates the natio ...
. Morris was one of just six individuals to sign both the Declaration of Independence and the United States Constitution. Rather than seeking to block the new constitution, Congress simply forwarded it to each state to debate ratification. Morris's Republican faction, along with Federalist groups in other states, sought the ratification of the new federal Constitution. The Constitutionalists, who saw the new federal constitution as a threat to state sovereignty, joined with
Anti-Federalists Anti-Federalism was a late-18th century political movement that opposed the creation of a stronger U.S. federal government and which later opposed the ratification of the 1787 Constitution. The previous constitution, called the Articles of Con ...
in other states in seeking to prevent the ratification of the Constitution. In elections held in October and November 1787, Morris's Federalist allies retained control of the state legislature and won a majority of the elections held to select delegates for the convention held to debate ratification of the Constitution. Due to a dispute with a business partner, Morris did not attend the ratification convention, which voted to ratify the Constitution in December 1787. By the end of 1788, the Constitution had been ratified by enough states to take effect. In September 1788, the Pennsylvania legislature
elected Elected may refer to: * "Elected" (song), by Alice Cooper, 1973 * ''Elected'' (EP), by Ayreon, 2008 *The Elected, an American indie rock band See also *Election An election is a formal group decision-making process by which a population ...
Robert Morris and William Maclay, both of whom were aligned with the Federalists, as the state's first representatives in the
United States Senate The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and pow ...
.


U.S. Senator

In the country's first presidential election, Washington was elected as the
President of the United States The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States ...
. Washington offered the position of
Secretary of the Treasury The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal a ...
to Morris, but Morris declined the offer, instead suggesting Alexander Hamilton for the position. In the Senate, Morris pressed for many of the same policies he had sought as Superintendent of Finance: a federal tariff, a national bank, a federal mint, and the funding of the national debt. Congress agreed to implement the Tariff of 1789, which created a uniform impost on goods carried by foreign ships into American ports, but many other issues lingered into 1790. Among those issues were the site of the national capital and the fate of state debts. Morris sought the return of the nation's capital to Philadelphia and the federal assumption of state debts. Morris defeated Maclay's proposal to establish the capital in Pennsylvania at a site on the Susquehanna River located several miles west of Philadelphia, but James Madison defeated Morris's attempt to establish the capital just outside of Philadelphia. Morris's 1781 "Report On Public Credit" supplied the basis for Hamilton's ''
First Report on the Public Credit The First Report on the Public Credit was one of four major reports on fiscal and economic policy submitted by Founding Father and first US Treasury Secretary Alexander Hamilton on the request of Congress. The report analyzed the financial standi ...
'', which Hamilton submitted in 1790. Hamilton proposed to fully fund all federal debts and assume all state debts, and to pay for those debts by issuing new federal bonds. Hamilton argued that these measures would restore confidence in public credit and help to revitalize the economy, but opponents attacked his proposals as unfairly beneficial to the speculators who had purchased many of the government's debt certificates. Morris supported Hamilton's economic proposals, but the two differed on the site of the federal capital, as Hamilton wanted to keep it in New York. In June 1790, Secretary of State
Thomas Jefferson Thomas Jefferson (April 13, 1743 – July 4, 1826) was an American statesman, diplomat, lawyer, architect, philosopher, and Founding Father who served as the third president of the United States from 1801 to 1809. He was previously the natio ...
convinced Morris, Hamilton, and Madison to agree to a compromise in which the federal government assumed state debts, while a new federal capital would be established on the
Potomac River The Potomac River () drains the Mid-Atlantic United States, flowing from the Potomac Highlands into Chesapeake Bay. It is long,U.S. Geological Survey. National Hydrography Dataset high-resolution flowline dataThe National Map. Retrieved Augu ...
; until construction of that capital was completed, Philadelphia would serve as the nation's temporary capital. With the backing of all four leaders, the
Compromise of 1790 The Compromise of 1790 was a compromise between Alexander Hamilton, Thomas Jefferson, and James Madison, where Hamilton won the decision for the national government to take over and pay the state debts, and Jefferson and Madison obtained the nati ...
, as it became known, was approved by Congress. That same year, Morris and Maclay helped secure Pennsylvania's control of the Erie Triangle, which provided the state with access to the
Great Lakes The Great Lakes, also called the Great Lakes of North America, are a series of large interconnected freshwater lakes in the mid-east region of North America that connect to the Atlantic Ocean via the Saint Lawrence River. There are five lak ...
. In the early 1790s, the country became increasingly polarized between the
Democratic-Republican Party The Democratic-Republican Party, known at the time as the Republican Party and also referred to as the Jeffersonian Republican Party among other names, was an American political party founded by Thomas Jefferson and James Madison in the earl ...
, led by Jefferson and Madison, and the Federalist Party, led by Hamilton. Though Morris was less focused on politics after the Compromise of 1790, he supported most of Hamilton's policies and aligned with the Federalist Party. Morris especially supported Hamilton's proposal for the establishment of a
national bank In banking, the term national bank carries several meanings: * a bank owned by the state * an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally) * in the United States, an ordinary p ...
. Despite the opposition of Madison and other Southern leaders, Congress approved the establishment of the First Bank of the United States in 1791. While Morris served in Congress, a new political elite emerged in Philadelphia. These new leaders generally respected Morris, but most did not look to him for leadership. With Morris playing little active role, they called a convention that revised the state constitution that included many of the alterations that Morris had long favored, including a bicameral legislature, a state governor with the power to veto bills, and a judiciary with life tenure.


Later business career

Morris refocused on his trading concerns after leaving office as Superintendent of Finance, seeking especially to expand his role in the tobacco trade. He began suffering from financial problems in the late 1780s after a business partner mistakenly refused to honor bills issued by Morris, causing him to default on a loan. In 1784 Morris was part of a syndicate that backed the sailing of the
Empress of China (1783) ''Empress of China'', also known as ''Chinese Queen'', was a three-masted, square-rigged sailing ship of 360 tons,Tantillo, Len. (2000) ''The Hudson River in the Age of Sail'' (exhibition). Hudson River Maritime Museum. initially built in 1783 for ...
for the China trade. As part of the effort to repay France for loans that financed the war, Morris contracted to supply 20,000 hogsheads of tobacco annually to France beginning in 1785. Shortly after these contracts were signed, Ambassador Thomas Jefferson took it upon himself to interfere with these arrangements and that brought about the collapse of the tobacco market.Ironically it was James Swan (financier) who on July 9 1795 managed to do something Morris had been unable to do-the entire U.S. National debt to France of $2,024,899 was payed in full.The United States no longer owed money to foreign governments, although it continued to owe money to private investors both in the United States and in Europe. This allowed the young United States to place itself on a sound financial footing. In 1787, Morris was sued in Virginia by Carter Braxton for £28,257; the lawsuit continued for eight years before commissioners were appointed, then Morris appealed. Finally Virginia's Court of Appeals led by Edmund Pendleton decided mostly in favor of Braxton before Morris was forced into bankruptcy by his own continued land speculations (although Morris as late as 1800 believed he should have won £20,000). Morris became increasingly fixated on land speculation, reaching his first major real estate deal in 1790 when he acquired much of the
Phelps and Gorham Purchase The Phelps and Gorham Purchase was the purchase in 1788 of of land in what is now western New York State from the Commonwealth of Massachusetts for $1,000,000 ( £300,000), to be paid in three annual installments, and the pre-emptive right to th ...
in western New York. He realized a substantial profit the following year when he sold the land to
The Pulteney Association The Pulteney Association was a small group of British investors who in 1792 purchased a large portion of the Western New York land tract known as the Phelps and Gorham Purchase. The Pulteney Associates were Sir William Pulteney, 5th Baronet (1729†...
, a group of British land speculators led by Sir William Johnstone Pulteney. Morris used the money from this sale to purchase the remainder of the Phelps and Gorham Purchase, then turned around and sold much of that land to the
Holland Land Company The Holland Land Company was an unincorporated syndicate of thirteen Dutch investors from Amsterdam who in 1792 and 1793 purchased the western two-thirds of the Phelps and Gorham Purchase, an area that afterward was known as the Holland Purchas ...
, a group of Dutch land speculators. These early successes encouraged Morris to pursue greater profits through increasingly large and risky land acquisitions. On March 7, 1791, Morris obtained title to a lot from
John Dickinson John Dickinson (November 13 Julian_calendar">/nowiki>Julian_calendar_November_2.html" ;"title="Julian_calendar.html" ;"title="/nowiki>Julian calendar">/nowiki>Julian calendar November 2">Julian_calendar.html" ;"title="/nowiki>Julian calendar" ...
and wife; The Historic Mansions and Buildings of Philadelphia: With Some Notice of ... p. 363
/ref> on March 9, 1793, the site was surveyed; it wasn't until 1794 he began construction of a mansion on Chestnut Street in Philadelphia designed by architect of Washington, D.C.,
Pierre Charles L'Enfant Pierre "Peter" Charles L'Enfant (; August 2, 1754June 14, 1825) was a French-American military engineer who designed the basic plan for Washington, D.C. (capital city of the United States) known today as the L'Enfant Plan (1791). Early life ...
; it was to occupy an entire block between Chestnut Street and Walnut Street on the western edge of Philadelphia. The structure was of red brick and marble lining. Besides Land Speculation, Morris founded several canal companies: imilar_to_the_Potomac_Company.html" ;"title="Potomac_Company.html" ;"title="imilar to the Potomac Company">imilar to the Potomac Company">Potomac_Company.html" ;"title="imilar to the Potomac Company">imilar to the Potomac Company two Pennsylvania canal companies were set up to try to link the produce of the western lands with the eastern markets; they were the Schuylkill and Susquehanna Navigation Company chartered September 29, 1791, and the Schuylkill and Susquehanna Navigation Company#Schuylkill and Susquehanna Navigation Company, Delaware and Schuylkill Canal Company chartered April 10, 1792. Morris was president of both companies; Development of Transportation Systems in the United States: Comprising a ... p. 44
/ref> he was also involved with a steam engine company, and launched a
hot air balloon A hot air balloon is a lighter-than-air aircraft consisting of a bag, called an envelope, which contains heated air. Suspended beneath is a gondola or wicker basket (in some long-distance or high-altitude balloons, a capsule), which carries ...
from his garden on Market Street. He had the first iron rolling mill in America. His icehouse was the model for one Washington installed at Mount Vernon. He backed the new Chestnut Street Theater, and had a greenhouse where his staff cultivated lemon trees. In early 1793, Morris purchased shares in a land company led by John Nicholson, the comptroller general of Pennsylvania, beginning a deep business partnership between Nicholson and Morris. Later in 1793, Morris, Nicholson, and James Greenleaf jointly purchased thousands of lots in the recently established
District of Columbia ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...
. They subsequently purchased millions of acres in Pennsylvania, Kentucky, Virginia, Georgia, and the Carolinas; in each case, they went into debt to make the purchases, with the intent of quickly reselling the land to realize a profit. Morris and his partners struggled to re-sell their lands, and Greenleaf dropped out from the partnership in 1795. Morris realized a profit by selling his lots in the District of Columbia in 1796, but he and Nicholson still owed their creditors approximately $12 million (about $ in ). By Morris's own admission the beginning of his bankruptcy began with the failure of John Warder & Co. of Dublin and Donald and Burton of London in the spring of 1793. Morris was deeply involved in land speculation, especially after the Revolutionary War; (See
Phelps and Gorham Purchase The Phelps and Gorham Purchase was the purchase in 1788 of of land in what is now western New York State from the Commonwealth of Massachusetts for $1,000,000 ( £300,000), to be paid in three annual installments, and the pre-emptive right to th ...
of 1791 above); on April 22, 1794, Morris entered into an association called the Asylum Company with John Nicholson, ho had served as Comptroller-General of the state of Pennsylvania from 1782 to 1794to purchase 1,000,000 acres of Pennsylvania land besides land they already had title to in
Luzerne County Luzerne County is a county in the U.S. state of Pennsylvania. According to the U.S. Census Bureau, the county has a total area of , of which is land and is water. It is Northeastern Pennsylvania's second-largest county by total area. As of ...
; Northumberland County and Northampton County. [This was not the first partnership Morris and Nicholson were involved in; in 1792, Nicholson had negotiated the purchase from the federal government of the tract known as the Erie Triangle. Along with an agent of the Holland Land Company, Aaron Burr, Robert Morris, and other individual and institutional investors, he formed the Pennsylvania Population Company. This front organization purchased all 390 parcels of land in the Erie Triangle. Nicholson was impeached in 1794 for his role in the company.] However, Morris severely overextended himself financially. He had borrowed to speculate in real estate in the new national capital,
District of Columbia ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...
, but signed a contract with a syndicate of Philadelphia investors to take over his obligations there. After that, he took the options to purchase over in the rural south. Unfortunately for Morris, that syndicate reneged on their commitment, leaving him once again liable, but this time with more exposure.Barbara Ann Chernow, ''Robert Morris, Land Speculator, 1790–1801'' (1978) In 1795, Morris and two of his partners, Greenleaf and Nicholson, pooled their land and formed a land company called the North American Land Company. The purpose of this company was to raise money by selling stock secured by the real estate .e. to finance their land speculation business According to one historian of American land speculation, the NALC was "largest land trust ever known in America". The three partners turned over to the company land throughout the United States totaling more than , most of it valued at about 50 cents an acre."Livermore165" In addition to land in the District of Columbia, there were in Georgia, in Kentucky, in North Carolina, in Pennsylvania, in South Carolina, and in Virginia. NALC was authorized to issue 30,000 shares, each worth $100. To encourage investors to purchase shares, the three partners guaranteed that a 6 percent dividend would be paid every year. To ensure that there was enough money to pay this divided, each partner agreed to put 3,000 of their own NALC shares in
escrow An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacti ...
."Roberts407" Greenleaf, Morris, and Nicholson were entitled to receive a 2.5 percent commission on any land the company sold. Greenleaf was named secretary of the new company. Other land speculations that Morris was involved in was the Illinois-Wabash Company and the Georgia Yazoo Land Company


1796 lack of capital and Panic of 1797 and bankruptcy

The Washington DC Lots were not the only land problems for Morris; he began losing everything for nonpayment on interest on loans and taxes: In May 1796,
John Barker Church John Barker Church, John Carter, (October 30, 1748 – April 27, 1818) was an English born businessman and supplier of the Continental Army during the American Revolution. He returned to England after the Revolutionary War and served in the Hous ...
accepted a mortgage on another 100,000 acres of the Morris Reserve in present-day Allegany County and Genesee County, against a debt owed to him by Morris. After Morris failed to pay the mortgage, Church foreclosed, and Church's son Philip Schuyler Church acquired the land in May 1800. Philip began the settlement of Allegany and Genesee counties by founding the village of
Angelica, New York Angelica is a town in the middle of Allegany County, New York, United States. The population was 1,284 at the 2020 census. The town is named after Angelica Schuyler Church, a daughter of General Philip Schuyler, sister-in-law of Founding Father ...
. In a letter of September 1797 to his partner Nicholson, Morris begged to be able to find $500.00 to pay two years wages to his servant Mr. Richard; in a subsequent letter October 25, 1797, to Nicholson, Morris moaned that 200,000 acres of North Carolina land which had cost him $27,000.00 had been sold for one year's taxes. In regard to Morris's Philadelphia mansion L'Enfant was paid $9,037.13 between December 1795 and January 1799. Despite the spent amount of £6138 5s 10d it was never completed. The bank of Pennsylvania brought suit against him and a judgement made against him for $20,997.40; an execution against his unfinished Chestnut Street "Morris Folly" mansion was issued in September 1797 to Philadelphia Sherriff Baker; Sherriff Penrose on December 11, 1797, made deed-poll to William Sansom for the building and the lot sold for $25,600 subject to a £7,000 in specie mortgage payable to Messrs Willink of Amsterdam. The last credit for the house was July 2, 1801, and the last charge for it was made July 9, 1801. The unfinished mansion became known as "Morris's folly",National Park Service – Signers of the Declaration (Robert Morris)
and the land eventually became Sansom Street. Marble from this house was purchased by Latrobe; he used it to adorn buildings and monuments from
Rhode Island Rhode Island (, like ''road'') is a state in the New England region of the Northeastern United States. It is the smallest U.S. state by area and the seventh-least populous, with slightly fewer than 1.1 million residents as of 2020, but it ...
to Charlestown,
South Carolina )'' Animis opibusque parati'' ( for, , Latin, Prepared in mind and resources, links=no) , anthem = " Carolina";" South Carolina On My Mind" , Former = Province of South Carolina , seat = Columbia , LargestCity = Charleston , LargestMetro = ...
. The two canal companies had also failed as well: for example after its incorporation the Schuylkill and Susquehanna was subscribed for 40,000 shares—but only 1000 shares were sold; the Delaware and Schuylkill company was to have been 2000 shares at $200.00 a share. Operations were suspended because "Either on account of errors in plans adopted, failure to procure the necessary means, financial convulsions, or a combination of all these difficulties, they were compelled to suspend their operations after an outlay of $440,000, which was an immense sum in those days". When England and the Dutch declared war on Revolutionary France, an expected loan from Holland never materialized. The subsequent
Napoleonic Wars The Napoleonic Wars (1803–1815) were a series of major global conflicts pitting the French Empire and its allies, led by Napoleon I, against a fluctuating array of European states formed into various coalitions. It produced a period of Fren ...
ruined the market for American land and Morris's highly leveraged company collapsed. Lastly, the financial markets of England, the United States, and the Caribbean suffered from deflation related with the Panic of 1797. Morris was left "land rich and cash poor". He ''owned'' more land than any other American at any time, but didn't have enough liquid capital to pay his creditors. Among his creditors was his son-in-law James Marshall for £20,000 sterling; likewise his brother-in-law Bishop White was also a creditor to Morris for $3,000. Gouvenor Morris was owned $24,000 "exclusive of what he paid in Europe on my account, the amount of which I do not know.";
Henry Lee III Henry Lee III (January 29, 1756 – March 25, 1818) was an early American Patriot and U.S. politician who served as the ninth Governor of Virginia and as the Virginia Representative to the United States Congress. Lee's service during the Amer ...
was a creditor for protested bills for $39,446 plus damages and interest; Morris's wife Mary had a sum of credit of $15,860.16 from the sale of two farms left to her by her father;his daughter Esther Morris had a credit of a few hundred pounds left to her by her grandmother received by Morris; as Morris had given her on her marriage nothing but clothes and old wine he assigned to her two quarter chests of tea which he sent to Alexandria, Virginia for sale although he feared this would not amount to principal and interest; his son Robert Morris Jr was a debtor for sums spent in Europe without his father's knowledge; his son Charles while under age had contracted bills without his father's knowledge for $144.94 for a tailor and $24.50 for a shoemaker. The NALC encountered financial difficulty almost immediately. Only of land was turned over to the NALC, which meant it could issue only 22,365 shares. This meant only 7,455 shares were put into escrow (instead of the required 9,000). Rather than paying creditors with cash, the NALC paid them with shares (8,477 shares in 1795 and 1796). On May 15, 1795, the D.C. commissioners demanded their first payment from Greenleaf, Morris, and Nicholson, for the 6,000 lots purchased in 1793. But Greenleaf had misappropriated some of the company's income to pay his own debts. Without the Dutch mortgage income and missing funds, there was no money to make the payment to the commissioners. Furthermore, Greenleaf had co-signed for loans taken out by Morris and Nicholson. When these men defaulted, creditors sought out Greenleaf to make good on the debts—which he could not. Moris and his partners had failed to both pay the instalments on the Washington D.C. building lots and finished building twenty houses (they had contracted ten houses annually for seven years on said lots); On July 10, 1795, Morris and Nicholson bought out Greenleaf's interest in the December 24, 1793, agreement. The commissioners began legal proceedings to regain title to the 6,000 lots owned by NALC and the 1,115.25 lots owned by Greenleaf personally. The worsening financial problems of Greenleaf, Morris, and Nicholson led to increasingly poor personal relations among the three men."Sakolski165" Nicholson, particularly bitter, began making public accusations against Greenleaf in print. Morris attempted to mediate between the two men, but his efforts failed. In an attempt to resolve his financial problems, Greenleaf sold his shares in the NALC to Nicholson and Morris on May 28, 1796, for $1.5 million. Unfortunately, Morris and Nicholson funded their purchase by giving Greenleaf personal notes. Furthermore, they endorsed one another's notes. Morris and Nicholson, themselves nearly bankrupt, agreed to pay one-quarter of the purchase price every year for the next four years. Greenleaf's shares were not to be transferred to Morris and Nicholson until the fourth payment was received. On September 30, 1796, James Greenleaf put 7,455 of his NALC shares in a trust (known as the "391 trust" because it was recorded on page 391 of the firm's accounting book). The "391 trust" was created to generate income (from the 6 percent dividend) to pay a loan given to Greenleaf by Edward Fox. A trustee was assigned to hold on to the shares. The same day, Greenleaf put 2,545 shares into another trust (the "381 trust"), as a guarantee against nonpayment of the dividend by Morris and Nicholson.Livermore, p. 166. Morris and Nicholson's made the first payment to Greenleaf for the one-third interest in the NALC by turning over title to several hundred lots in Washington, D.C. On March 8, 1797, Greenleaf executed the 381 trust. When the NALC did not issue its 6 percent dividend, Greenleaf transferred one-third of the shares in the "391 trust" to the trustees. The total number of shares transferred to the "381 trust" trustees was now 6,119.Livermore, p. 169. On June 24, 1797, Morris, Greenleaf and Nicholson had conveyed their Washington D.C. Lots in trust to Henry Pratt and others in payments of their debts. Poor business practices were now dragging down NALC. For years, Morris and Nicholson had acted as personal guarantors for one another's notes. Now many of these notes were coming due, and neither man could pay them. Creditors began selling the notes publicly, often at heavy discounts."Mann201" By 1798, Morris and Nicholson's $10 million in personal notes were trading at one-eighth their face value. NALC also discovered that some of titles to the of land it owned were not clear, and thus the land could not be used for security. In other cases, NALC found it had been swindled, and the rich land it thought it owned turned out to be barren and worthless. Morris and Nicholson honestly believed that, if their cash flow problems were fixed, they could make payments on the property they owned and their shares would be returned to them. This proved incorrect. On October 23, 1807, all stock in the company was sold at 7 cents on the dollar to the accountants managing the Aggregate Fund. In 1856, the Trustees of the North American Land Company held $92,071.87. Morris and Nicholson's heirs sued to recover the stock and gain access to the income. The North American Land Company stayed in existence until 1872. An 1880 auditors report called the litigation "phenomenal ... the counsel for Morris and Nickerson pursued the fund for twenty-five years, seeking to obtain it from the trustees of the North American Company and the trusts which had been created from it, and also defending the money from the State in an attempt to sequestrate it. After all counsel fees and expenses, the amount available for division to the Morris interest was $9,692.49." In 1797 Morris conveyed his household furniture to Thomas Fitzsimmons which was sold at public auction. What was left was lent to Mrs. Morris by Fitzsimmons and Morris son-in-law Marshall; all Morris had left in his house was some bedding, clothing, part of a quarter cask of wine; part of a barrel of flour, some coffee, a little sugar and some bottled wine which was the remainder from a cask he had given to his daughter Maria. Morris attempted to avoid creditors by staying outside the city at his country estate "The Hills", located on the
Schuylkill River The Schuylkill River ( , ) is a river running northwest to southeast in eastern Pennsylvania. The river was improved by navigations into the Schuylkill Canal, and several of its tributaries drain major parts of Pennsylvania's Coal Region. It f ...
, but his creditors literally pursued him to his gate. Morris was sued by a former partner, James Greenleaf, who had been imprisoned for fraud and was serving time in
debtors' prison A debtors' prison is a prison for people who are unable to pay debt. Until the mid-19th century, debtors' prisons (usually similar in form to locked workhouses) were a common way to deal with unpaid debt in Western Europe.Cory, Lucinda"A Histori ...
. Unable to dodge his creditors and their lawyers, Morris was finally arrested. He was imprisoned for debt in Prune Street prison in Philadelphia from February 1798 to August 1801. Morris property
Summerseat (Morrisville, Pennsylvania) Summerseat, also known as the George Clymer House and Thomas Barclay House, is a historic house museum at Hillcrest and Legion Avenues in Morrisville, Bucks County, Pennsylvania. Built about 1765, it is the only house known to have been owned ...
would be sold in a Sherriff's sale on June 9, 1798, to
George Clymer George Clymer (March 16, 1739January 23, 1813) was an American politician, abolitionist and Founding Father of the United States, one of only six founders who signed both the Declaration of Independence and U.S. Constitution. He was among the e ...
and Thomas Fitzsimmons for $41,000.00. In January 1799 Morris lamented to Nicholson of how a London firm had refused to accept his bill of lading £389 sterling "because the money in the hands of the party upon whom the bill was drawn had been attached by the owner of a bond given for payment of some lands in Georgia". 43 of the 100 acres of Morris estate "The Hills" was purchased in March 1799 by Henry Pratt for $14,654.00 for his country house Lemon Hill after the tearing down of Morris's old mansion; in turn the "Lemon Hill" estate became part of the foundation for Fairmount Park Philadelphia; one part of Morris property which had also been purchased in 1799 by William Cannard became part of the Sedgeley mansion-which in turn ironically became part of Fairmont Park. Of his partners Geenleaf was released after being declared bankrupt in 1798; Nicholson died in prison in 1800.


Final years

Morris was unable to pay his debts, and he remained in
debtors' prison A debtors' prison is a prison for people who are unable to pay debt. Until the mid-19th century, debtors' prisons (usually similar in form to locked workhouses) were a common way to deal with unpaid debt in Western Europe.Cory, Lucinda"A Histori ...
for three and a half years. Morris was released from prison in August 1801 after Congress passed its first bankruptcy legislation, the Bankruptcy Act of 1800 in part to get Morris out of prison. At the time of his release, three commissioners found that he had debts of $2,948,711.11; the proceedings were certified October 15, 1801, after 2/3 of his creditors agreed to the discharge of Morris; on December 4, 1801, a certificate of bankruptcy was confirmed. but he remained financially destitute. Gouverneur Morris, who served as Robert Morris's representative to the Holland Land Company, was able to attach a provision to the sale of some land that gave Mary Morris a $1,500 () per year annuity; this annuity allowed Mary to rent a small house in Philadelphia far away from the city's center. Ironically one of the few assets Morris had left to him was his father's old worn out gold watch which he had inherited at the start of his career; Morris managed to leave this timepiece in his Will to his son Robert Jr. Morris died on May 8, 1806, in Philadelphia. No public ceremonies marked his death. He was buried in the churchyard of Christ Church.


Legacy


Historical reputation

Biographer Charles Rappleye writes that Morris "was too rich to be a folk hero, and the ultimate failure of his personal fortune robbed him of any
Midas Midas (; grc-gre, Μίδας) was the name of a king in Phrygia with whom several myths became associated, as well as two later members of the Phrygian royal house. The most famous King Midas is popularly remembered in Greek mythology for his ...
-like mystique." Some historians have largely ignored Morris's role in founding the United States, while others regard him as the leader of a conservative, anti-democratic faction of the Founding Fathers. Robert E. Wright and David J. Cowen describe Morris as a "fallen angel" who "almost single-handedly financed the final years" of the American Revolution before falling into "ignominy" for defaulting on his debts. Historian William Hogeland writes "given his seminal performance to victory in the Revolution, as well as to forming the nation, Robert Morris isn't as well known by Americans as he ought to be."


Memorials

Morris's portrait appeared on US$1,000 notes from 1862 to 1863 and on the $10 silver certificate from 1878 to 1880. Institutions named in honor of Morris include
Robert Morris University Robert Morris University (RMU) is a private university in Moon Township, Pennsylvania. It was founded in 1921 and is named after Robert Morris, known as the "financier of the mericanrevolution." It enrolls nearly 5,000 students and offers 60 b ...
and
Robert Morris University Illinois Robert Morris University Illinois, formerly Robert Morris College, was a private university with its main campus in Chicago, Illinois. It was founded in 1965 but its oldest ancestor was the Moser School founded in 1913. It changed its name to ...
.
Mount Morris, New York Mount Morris is a town in Livingston County, New York, United States. The population was 4,465 at the 2010 census. The town and village were named after Robert Morris, a Founding Father of the United States. The town of Mount Morris has a vil ...
, the location of a large flood control dam on the
Genesee River The Genesee River is a tributary of Lake Ontario flowing northward through the Twin Tiers of Pennsylvania and New York in the United States. The river provided the original power for the Rochester area's 19th century mills and still provides h ...
, is named in his honor. A number of ships in the
U.S. Navy The United States Navy (USN) is the maritime service branch of the United States Armed Forces and one of the eight uniformed services of the United States. It is the largest and most powerful navy in the world, with the estimated tonnage o ...
and the U.S. Coast Guard have been named USS ''Morris'' or USRC ''Morris'' for him. Morrisville, Pennsylvania, was named in his honor. The Morris-Taney-class cutter was named for Morris and
Roger Taney Roger Brooke Taney (; March 17, 1777 – October 12, 1864) was the fifth chief justice of the United States, holding that office from 1836 until his death in 1864. Although an opponent of slavery, believing it to be an evil practice, Taney belie ...
. A statue of Morris stands at
Independence National Historical Park Independence National Historical Park is a federally protected historic district in Philadelphia, Pennsylvania that preserves several sites associated with the American Revolution and the nation's founding history. Administered by the National P ...
, and a
monument A monument is a type of structure that was explicitly created to commemorate a person or event, or which has become relevant to a social group as a part of their remembrance of historic times or cultural heritage, due to its artistic, hist ...
to Morris, Washington, and
Haym Salomon Haym Salomon (also Solomon; anglicized from Chaim Salomon; April 7, 1740 – January 6, 1785) was a Polish-born Jewish businessman and political financial broker who assisted the Superintendent of Finance, English-born Robert Morris, as the prim ...
stands at Heald Square in
Chicago, Illinois (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...
. Summerseat, Morris's former estate in Morrisville, is listed as a
National Historic Landmark A National Historic Landmark (NHL) is a building, district, object, site, or structure that is officially recognized by the United States government for its outstanding historical significance. Only some 2,500 (~3%) of over 90,000 places listed ...
. Lemon Hill, a Federal-style estate listed on the
National Register of Historic Places The National Register of Historic Places (NRHP) is the United States federal government's official list of districts, sites, buildings, structures and objects deemed worthy of preservation for their historical significance or "great artistic ...
, is located on a parcel of land formerly owned by Morris. Part of the Liberty Bell Center is on land that was formerly part of the estate known as the President's House.Lawler (2002), p. 90 Robert Morris holds the curious distinction as the only Founding Father whose house is a national memorial, but his life is not interpreted at the site. Morris is included in the Washington, D.C.,
Memorial to the 56 Signers of the Declaration of Independence The Memorial to the 56 Signers of the Declaration of Independence is a memorial depicting the signatures of the 56 signatories to the United States Declaration of Independence. It is located in the Constitution Gardens on the National Mall in W ...
.


See also

*
List of richest Americans in history Most sources agree that John D. Rockefeller was the richest American in history having amassed a wealth of more than $445 billion in 2022 dollars. There are various methods of comparing individuals' wealth across time, including using simple ...
*
List of United States senators born outside the United States This is a list of United States senators born outside the United States. It includes senators born in foreign countries (whether to American or foreign parents). The list also includes senators born in territories outside the United States that wer ...


Notes


References


Bibliography

* * * Ferguson, E. James.
Business, Government, and Congressional Investigation in the Revolution
', (1959), Via Jstor * Ferguson, E. James. ''The Power of the Purse: A History of American Public Finance, 1776–1790'' (1961
online
* Herring, William Rodney. "The Rhetoric of Credit, the Rhetoric of Debt: Economic Arguments in Early America and Beyond." ''Rhetoric and Public Affairs'' 19.1 (2016): 45-82. * Kohn, Richard H. "The Inside History of the Newburgh Conspiracy: America and the Coup d'Etat." ''William and Mary Quarterly'' (1970) 27#2 pp: 188-220
online
* * * * Oberholtzer, Ellis Paxson. ''Robert Morris, Patriot and Financier'' (Macmillan, 1903
online
* Perkins, Edwin J. ''American public finance and financial services, 1700–1815'' (1994). pp. 85–105 on Revolution, pp. 106–36 on postwar
Complete text line free
* Rakove, Jack N. ''The beginnings of national politics: An interpretive history of the Continental Congress'' (Knopf, 1979) pp 297–330
online
* * Smith, Ryan K. ''Robert Morris's Folly: The Architectural and Financial Failures of an American Founder.'' New Haven, CT: Yale University Press, 2014. * Ver Steeg, Clarence L. ''Robert Morris, Revolutionary Financier.'' Philadelphia: University of Pennsylvania Press, 1954
online
* Ver Steeg, Clarence L. "Morris, Robert" i

* *


Primary sources

* Ferguson, E. James (editor): ''The Papers of Robert Morris 1781–1784 (9 volumes)'': University of Pittsburgh Press, 1978; (1995 reprint: ).


External links


Biography by Rev. Charles A. Goodrich, 1856

The President's House
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