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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