Business as Usual
Business as Usual
This chapter states that Gouverneur Morris as a businessman was more conservative than Robert Hunter Morris (his uncle). He handled his growing land speculations with greater care as time went on. Morris was also far more adept than Alexander Hamilton (a student, a pale, thin sixteen year-old Creole immigrant) and James Wilson (an ambitious Scottish lawyer) at avoiding the perilous financial shoals that eventually wrecked both men. Morris had met a number of the principle partners in the farmers-general when he first arrived in Paris and fully understood both the deep roots and the ambiguity of the Farm's position in French society. The chapter focuses on Gouverneur's personal interest and fortunes, and his audacious plan to buy the American debt from France.
Keywords: businessman, Gouverneur Morris, French society, financial stake, Paris
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