- 16
Haym Salomon
Description
- Autograph endorsing signature ("Haym Salomon") on the verso of a check signed by Robert Morris
- Paper, Ink
Literature
Jewish American Hall of Fame. www.ajhs.org/reference/hall_fame.cfm
Catalogue Note
Haym Salomon (1740β1785) was born in Lissa, Poland, and emigrated to New York City in 1772. He acted as a secret agent against the British in occupied New York, was arrested twice and condemned to death, before bribing his way out of prison and fleeing to Philadelphia. He reestablished his brokerage firm and became one of the most effective brokers of bills of exchange to meet federal government expenses. Salomon acted virtually as treasurer for Rochambeau and our other French allies, and advanced money to army officers and Congressional delegations. He also personally advanced funds to members of the Continental Congress (including James Madison) and other federal officers, charging interest and commissions well below the market rates. Salomon also played a prominent role in the Philadelphia and national Jewish community affairs. In 1783, Salomon and other prominent Jewish Philadelphians addressed the Pennsylvania Council of Censors to request the removal of a religious test oath required for office-holding under the state Constitution.
Salomon died in 1785, leaving more than $350,000 in virtually worthless certificates of indebtedness and continental currency. The Pennsylvania Packet referred to him as a man remarkable βfor his skill and integrity in his profession and for his generous and humane deportment.β
Robert Morris (1734β1806) was one of the most powerful merchants of his day. During the Revolutionary War, Morris relied on his credit, reputation, and personal fortune to keep America from total bankruptcy. Morris was later a delegate to the Constitutional Convention and a U.S. Senator.