Pennsylmania

Mark Smith

Entertaining and informing listeners with stories of people and events in the history of the Commonwealth of Pennsylvania, hosted by Mark Smith.

  1. May 12

    Revolution on $33,000 a day Part 2 (Ep12)

    This is the second episode in our three-part series on the financing and supply logistics of the American Revolution. In the first episode, we asked, “Who paid for all this stuff and how did it get to where it was needed?” We described how the Continental Congress funded the war at the start, and did so well enough to permit the military and diplomatic successes of 1777 and 1778. We introduced Philadelphia financier and merchant Robert Morris, one of the richest men in America, who played a key role in both the Continental Congress and the Pennsylvania Assembly in the administration of the war’s supply efforts. But, two years into the war, the wheels started to fall off financially, and Robert Morris’ help was even more urgently needed. This episode covers the period from the second half of 1788 to the Spring of 1781, during which time the Continental dollar and the Pennsylvania currency both depreciated. Congress faced mounting deficits, the populace was hurting from monetary inflation, the soldiers were unpaid, and unrest erupted. This episode ends at a point in 1781 when financial and monetary crises hit both the Continental Congress and the Pennsylvania Assembly. The Continental Congress responded by creating the new role of Superintendent of Finance and named Robert Morris to that position. Timestamps for major events/discussions: [01:45] – Recapping the description of the Continental dollar from the last episode [04:46] – Introducing Pelatiah Webster [08:23] – The creation of the committee on “ways and means” [10:10] – Congress makes the Continental dollar legal tender [21:08] – The Continental dollar ceases to function as a medium of exchange [25:14] – Political turmoil in the Continental Congress after the Occupation [28:04] – Political turmoil in the Pennsylvania Assembly post-occupation [29:42] – Monetary inflation post-occupation [33:54] – The Fort Wilson Riot [40:16] – Spain joins the war against Great Britain [44:59] – The Pennsylvania Line Mutiny [47:17] – Congress creates the position of Superintendent of Finance [51:58] – Robert Morris formally accepts the position of Superintendent of Finance Books to read: · The Continental Dollar: How the American Revolution was Financed with Paper Money. by Farley Grubb (University of Chicago Press, 2023) · Robert Morris: Financier of the Revolution, by Charles Rappleye (Simon & Schuster, 2010) Calls to action: · Follow us on Instagram to learn when new episodes drop or to be a part of our chat community IG: pennsylmaniapod · Join our email list to receive news on the podcast by emailing us at producer@pennsylmania.com · Provide feedback on this episode, or give us ideas for new episodes, by emailing us at producer@pennsylmania.com Link to website: www.pennsylmania.com

    56 min
  2. Mar 3

    William Penn Part 2 (Ep7)

    The life and legacy of William Penn. This episode, the second of a two-part series, focuses on his founding of the English colony of Pennsylvania. William has direct experience with colonial rule, his father being a landholder in Ireland with Catholic tenant farmers, and his own mediation of a dispute in America in the colony of West Jersey. Penn successfully receives a colonial charter in 1681 but has to navigate many hostile parties – chiefly Charles Calvert, the Lord Baltimore, proprietor of the Maryland colony, and the Anglican Church. Native American tribes already occupy his colony as well as some European settlers – mostly Swedes, Finns and Dutch in the “Lower Counties”. Penn sets up a framework of government and recruits settlers and arrives in Pennsylvania in October of 1682. Under his direction, a great new town is developed, Philadelphia, which will be the capitol of his colony. Penn navigates many challenges associated with a new colony but is increasingly embroiled in a border dispute with Charles Calvert, the Lord Baltimore, and the Maryland colony. Both proprietors – Penn and Calvert – return to England in 1684 to plead their case and Penn becomes an absentee landlord, not returning to his colony for 15 years. Penn is back in 1699 for two more years and just before his return completes the Charter of Privileges in 1701, which will remain the colony’s framework of government for 75 years. He returns to England and, his financial problems growing, unsuccessfully tries to sell the colony back to the Crown. He suffers a stroke in 1712 and lingers on until he dies in 1718. His second wife, Hannah Callowhill Penn, serves as de facto proprietor from 1712-1718 and then as sole proprietor until her death in 1726.

    45 min

Ratings & Reviews

5
out of 5
4 Ratings

About

Entertaining and informing listeners with stories of people and events in the history of the Commonwealth of Pennsylvania, hosted by Mark Smith.