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Author Shachtman, Tom, 1942- author.

Title The founding fortunes : how the wealthy paid for and profited from America's revolution / Tom Shachtman.

Publication Info. New York, NY : St. Martin's Press, 2020.

Copies

Location Call No. Status
 Avon Free Public Library - Adult Department  973.31 SHACHTMAN    Check Shelf
 Farmington, Main Library - Adult Department  973.31 SHA    Check Shelf
 Glastonbury, Welles-Turner Memorial Library - Adult Department  973.3 SHACHTMAN    Check Shelf
 Plainville Public Library - Non Fiction  973.31 SHA    Check Shelf
 West Hartford, Noah Webster Library - Non Fiction  973.31 SHACHTMAN    Check Shelf
Edition First edition.
Description xi, 338 pages, 8 unnumbered pages of plates : illustrations ; 24 cm
Bibliography Includes bibliographical references (pages [297]-320) and index.
Summary "In The Founding Fortunes, historian Tom Shachtman offers an in-depth look at a time when money became as vital as guns in securing victory on the Revolutionary War's battlefields, and how some of America's wealthiest men risked their fortunes to aid the new country even as they reaped benefits from its independence. While history teaches that successful revolutions depend on participation by the common man, the establishment of a stable and independent United States first required wealthy colonials uniting to disrupt the very system that had enriched them, and then funding a very long war. While some fortunes were made during the war at the expense of the poor, many of the wealthy embraced the goal of obtaining for their poorer countrymen an unprecedented equality of opportunity, along with independence. Tom Shachtman tells this story through tracing the lives of a dozen men who made and lost fortunes, and deeply affected the finances of the new country. In addition to nuanced views of the well-known wealthy such as Robert Morris and John Hancock, and of the less wealthy but influential Alexander Hamilton, The Founding Fortunes offers insight into the contributions of those often overlooked by popular history: Henry Laurens, the plantation owner who replaced Hancock as President of Congress; pioneering businessmen William Bingham, Jeremiah Wadsworth, and Stephen Girard; privateer magnate Elias Hasket Derby; and Hamilton's successors at Treasury, Oliver Wolcott, Jr. and Albert Gallatin. Revelatory and insightful, The Founding Fortunes provides a riveting history of economic patriotism that still resonates today"-- Provided by publisher.
Subject United States -- Economic conditions -- To 1865.
United States -- Commerce -- History -- 18th century.
United States -- History -- Revolution, 1775-1783 -- Finance.
Businesspeople -- Political activity -- United States -- History -- 18th century.
Rich people -- Political activity -- United States -- History -- 18th century.
American Revolution (1775-1783) (OCoLC)fst01351668
Businesspeople -- Political activity. (OCoLC)fst00842994
Commerce. (OCoLC)fst00869279
Economic history. (OCoLC)fst00901974
Finance. (OCoLC)fst00924349
United States. (OCoLC)fst01204155
Chronological Term To 1865
Genre/Form History. (OCoLC)fst01411628
ISBN 9781250164766 (hardcover)
1250164761 (hardcover)
9781250170743 (ebook)
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