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MonkeyNotes-The Autobiography of Benjamin Franklin
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BUSINESS VENTURES

As a businessman, Franklin becomes interested in the monetary policies of the country. When there is a push for more paper money, he favors the idea. He supports the proposition that paper money helps in the economic growth; with more money he believes trade and business would flourish, and employment and population would increase. The rich, however, oppose more paper money, fearing it will lead to a depreciation of their wealth.

Franklin discusses the money issue with the members of the Junto Club and writes and prints an anonymous pamphlet entitled "The Nature and Necessity of a Paper Currency." This pamphlet influences many people to favor more money being distributed. When the government finally approves more paper money, Franklin is given the job of printing it. He always wins the right to print the New Castle paper money and legal papers for the government.

Franklin opens a stationer's shop and it also flourishes. He succeeds in paying off all his debts and begins to prosper. In spite of his success, he lives frugally. To save money, he uses a wheelbarrow to carry paper, and he dresses in a simple manner. He never spends time hunting or fishing and is cautious to stay away from scandals.

Because of the diligence and quality of his work, Franklin soon finds he has no competitors in the printing business. He also earns the position of Post Master.

Notes

This section discusses Franklin successes. His printing business flourishes to the point that he has no competitors, his stationer's shop is prosperous, and his writing is eagerly read and often influences others. Everything he touches seems to turn into gold, but behind the success is honesty, hard work, and frugality. In spite of his prosperity, Franklin remains a humble worker who is not too proud to push his wheelbarrow through the streets. His diligence, honesty, and sincerity are admired by one and all. He especially serves as an inspiration to the young men of these times.

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