Philadelphia in Philadelphia County, Pennsylvania — The American Northeast (Mid-Atlantic)
Robert Morris (1734 - 1806)
Financier of the Revolution
An immigrant orphaned at 16, Robert Morris became a partner in a leading Philadelphia mercantile firm, the Willing & Morris Company, by the age of 22. The company traded throughout Europe, America, and the West Indies. Like many merchants, their cargo included grain, animal hides, and enslaved Americans.
During the Revolutionary War, Morris used his genius for finance and his maritime trading connections to secure vital funds and supplies for the Continental Army.
As Superintendent of Finance (1781-1784), Morris rescued the new nation from financial ruin. He stabilized the economy by creating the first national bank, a model for our modern banking system. As one of the first U.S. senators from Pennsylvania (1789-1795), Morris was instrumental in making Philadelphia the temporary capital during the construction of Washington, D.C.
One of the wealthiest men in America, Morris speculated heavily in land. Overextended, he fell into bankruptcy and spent three years in debtors' prison. Robert Morris lived modestly until his death in 1806, while the new nation he did so much to create prospered and grew.
Marker series. This marker is included in the Signers of the Declaration of Independence marker series.
Location. 39° 56.868′ N, 75° 8.917′ W. Marker is in Philadelphia, Pennsylvania, in Philadelphia County. Marker can be reached from Walnut Street. Touch for map. Marker is near Robert Morris statue in Independence Mall. Marker is in this post office area: Philadelphia PA 19106, United States of America.
Other nearby markers. At least 8 other markers are within walking distance of this marker. Secretary of the Navy’s Office Site (within shouting distance of this marker); Rose Garden (within shouting distance of this marker); Surgeons’ Hall Site (within shouting distance of this marker); Second Bank of the United States (within shouting distance of this marker); Insurance Company of North America (within shouting distance of this marker); A Working-Class House in the Capital City (within shouting distance of this marker); James Madison 4th President lived here (within shouting distance of this marker); Todd House (about 300 feet away, measured in a direct line). Touch for a list and map of all markers in Philadelphia.
Also see . . . Robert Morris at FindAGrave.com. (Submitted on July 21, 2011, by Mike Wintermantel of Pittsburgh, Pennsylvania.)
Categories. • African Americans • Colonial Era • Government • Industry & Commerce • Notable Persons • Patriots & Patriotism • War, US Revolutionary •
Credits. This page was last revised on July 29, 2017. This page originally submitted on July 16, 2008, by Bill Pfingsten of Bel Air, Maryland. This page has been viewed 1,162 times since then and 41 times this year. Photos: 1. submitted on July 16, 2008, by Bill Pfingsten of Bel Air, Maryland. 2, 3. submitted on July 25, 2017, by Bill Coughlin of North Arlington, New Jersey. 4. submitted on July 16, 2008, by Bill Pfingsten of Bel Air, Maryland. 5. submitted on June 16, 2015, by Allen C. Browne of Silver Spring, Maryland.