Tag: Debt

4
Posted on

How Robert Morris’s “Magick” Money Saved the American Revolution

The year 1780 ended badly, and the new year boded worse for America’s War of Independence. Maj. Gen. Benedict Arnold’s treason and defection to the British army had left Gen. George Washington’s officer corps in disarray, demoralized. Officers of all ranks eyed each other suspiciously, questioning each other’s decisions, while distrust of officers provoked mutinies […]

by Harlow Giles Unger