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:
Isn't it brilliant? I do hope it is true and that people continue to benefit from the accrued interest.
That was a great idea. Have a wonderful day, hugs, Valerie
My poor knowledge of American history will now send me to check when Franklin died. I hope the money was wisely invested.
Hi Sandra and EC - yes a brilliant idea ... clever too - let's hope it's advanced many tradesmen's entrepreneurships. Cheers Hilary
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.
I heard that the other day
someone, somewhere, hopefully knew this....that many years later !! ☺☺☺♥♥♥
Great codicil
And the disputes that have arisen over the money
Click the link to read the article from NY Times
It's definitely true, though there's been mismanagement of the funds.
Thanks for sharing:) That was a fun, uplifting fact.
Only Ben Franklin would think of that:)
You have a great day too.
Hugs received and returned.
That ball may have been dropped....
It was a brilliant idea, wasn't it, Hils.
I'm so glad EC shared it with us.
Cheers,
I didn't know, many thanks for sharing this.
All the best Jan
Without investments.
Some of it did. Some didn't:(
Pretty cool, huh?
I didn't know that. I wonder how much it ended up being with interest compounded!
Here we go again! Nope! I did not know this, either!!! :)
Amazing. Didn't know this.
Indeed:)
Indeed:)
Yes, sigh.
Thanks, Jan. We'll pass that thanks along to EC:)
It was in the millions.
Who'd a thought, huh?
This was a new one for me too:)
Gracias por el dato, te deseo un buen fin de semana
Thanks, J.P.
Wishing you a great weekend too.
Very cool, and no I didn't know this. Thanks to you and EC! Hope you're having an awesome weekend! Hugs, RO
I did not know and I'm glad to learn of it.
Love,
Janie
That is cool! Big Hugs!
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