4/26 I hoped by breaking down the English monopoly to induce a continual and wholesome commerce in the land. For this purpose it was necessary to get coin into the people's hands, so, using my uncle's credit, I had a parcel of English money from the New York goldsmiths. I had picked up a very correct notion of the fortunes of most of the planters, and the men who were most eager to sell to me were just those I could least trust. Some fellow who was near bankrupt from dice and cock-fighting would offer me five hundred hogsheads, when I knew that his ill-guided estate could scarce produce half. I was not a merchant out of charity, and I had to decline many offers, and so made many foes. |