Tuesday, October 11, 2022

Haym Salomon: A Jewish Patriot of the American Revolution


 

Haym Salomon, a Polish-born Jewish businessman immigrated to New York City in 1775 and became a financial broker for merchants dealing in overseas trade.  Salomon joined the Sons of Liberty and was arrested by the British in September 1776 as a spy.  He was detained on a prison ship for eighteen months before being released.  He returned to spying and was arrested again, this time being condemned to death.  After a daring escape, Salomon made his way to the Patriot capital in Philadelphia.

In Philadelphia, because of this financial expertise and language skills, Salomon helped convert French loans into ready cash by selling promissory notes.  He also negotiated large donations from the wealthy, and donated his entire fortune to the patriot cause.

In 1781, George Washington sent for Salomon to raise money for the Yorktown campaign when no money and no credit was available.  Salomon worked his magic and Washington was able to pay the army that won the American Revolution.



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