When Franklin found himself in business alone for the first time

When Franklin found himself in business alone for the first time

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: When Franklin found himself in business alone for the first time, around 1729, the main public issue was a demand for more paper money, a proposal most wealthy men opposed for fear that currency would be devalued and creditors harmed. Franklin wrote an anonymous pamphlet suggesting several ways in which more money would mean more prosperity for the area. The pamphlet marshaled public support, and the bill to print more currency passed the Assembly. Franklin was rewarded by receiving the commission to print the money. This pamphlet, like his newspaper, proved to him the value of knowing how to write well. As postmaster, the printer Bradford forbade his carriers to transport Franklin's papers and thus made it necessary to bribe the riders. Most of the public, moreover, assumed that Bradford's paper circulated further and was a better place to advertise. This assumption hurt Franklin's business, circulated further and was a better place to advertise....
View Full Document

This note was uploaded on 11/28/2011 for the course ENG 1320 taught by Professor Bost during the Fall '09 term at Texas State.

Ask a homework question - tutors are online