Thursday, September 9, 2021

Did You Know

 Did you know, Ben Franklin bequeathed Philadelphia and Boston $2000 each with the codicil  it was not to be used for a hundred years or distributed for two hundred. The money to be loaned to and invested in  young  tradesmen and apprentices.

*Thanks to EC for today's history trivia.


 

32 comments:

Elephant's Child said...

Isn't it brilliant? I do hope it is true and that people continue to benefit from the accrued interest.

Valerie-Jael said...

That was a great idea. Have a wonderful day, hugs, Valerie

Unknown said...

My poor knowledge of American history will now send me to check when Franklin died. I hope the money was wisely invested.

Hilary Melton-Butcher said...

Hi Sandra and EC - yes a brilliant idea ... clever too - let's hope it's advanced many tradesmen's entrepreneurships. Cheers Hilary

Birgit said...

Wow,...If he gave this around 1760, the $2,000, in today's dollars would be $71,842. I hope it went to the right place.

Adam said...

I heard that the other day

da tabbies o trout towne said...

someone, somewhere, hopefully knew this....that many years later !! ☺☺☺♥♥♥

Christine said...

Great codicil

CJ Kennedy said...

And the disputes that have arisen over the money

CJ Kennedy said...

Click the link to read the article from NY Times

Sandra Cox said...

It's definitely true, though there's been mismanagement of the funds.
Thanks for sharing:) That was a fun, uplifting fact.

Sandra Cox said...

Only Ben Franklin would think of that:)
You have a great day too.
Hugs received and returned.

Sandra Cox said...

That ball may have been dropped....

Sandra Cox said...

It was a brilliant idea, wasn't it, Hils.
I'm so glad EC shared it with us.
Cheers,

Lowcarb team member said...

I didn't know, many thanks for sharing this.

All the best Jan

Sandra Cox said...

Without investments.
Some of it did. Some didn't:(

Sandra Cox said...

Pretty cool, huh?

Jeanie said...

I didn't know that. I wonder how much it ended up being with interest compounded!

Lee said...

Here we go again! Nope! I did not know this, either!!! :)

Jacqui Murray said...

Amazing. Didn't know this.

Sandra Cox said...

Indeed:)

Sandra Cox said...

Indeed:)

Sandra Cox said...

Yes, sigh.

Sandra Cox said...

Thanks, Jan. We'll pass that thanks along to EC:)

Sandra Cox said...

It was in the millions.

Sandra Cox said...

Who'd a thought, huh?

Sandra Cox said...

This was a new one for me too:)

J.P. Alexander said...

Gracias por el dato, te deseo un buen fin de semana

Sandra Cox said...

Thanks, J.P.
Wishing you a great weekend too.

RO said...

Very cool, and no I didn't know this. Thanks to you and EC! Hope you're having an awesome weekend! Hugs, RO

Janie Junebug said...

I did not know and I'm glad to learn of it.

Love,
Janie

Magic Love Crow said...

That is cool! Big Hugs!