How did Benjamin Franklin get the money for the government of Massachusetts when there was no money in the loan office?

Question

The Autobiography of Benjamin Franklin

How did Benjamin Franklin get the money for the government of Massachusetts when there was no money in the loan office?

Chapter: Quarrels with the proprietary governers.

Scene: When Mr Quincy comes to solicits assistance for some provision for the Massachusetts assembly.

Extra question: Was it Massachusetts that would repay the Pennsylvania government after 1 year with a 5 percent interest, or was it Pennsylvania who would bear the loss?

Asked by Hiren D #1043782 on 5/27/2021 8:55 AM

Last updated by Aslan on 5/27/2021 3:07 PM

Answers 1

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Answered by Aslan on 5/27/2021 3:07 PM

From the text:

There was, indeed, little or no money at that time in the office, and therefore I propos'd that the orders should be payable in a year, and to bear an interest of five per cent.

Answers 1

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