William Penn Annex East in Philadelphia in Philadelphia County, Pennsylvania — The American Northeast (Mid-Atlantic)
Robert Morris (1734 - 1806)
Financier of the Revolution
— Independence National Historical Park, National Park Service, U.S. Department of the Interior —
Robert Morris risked his life, wealth, and reputation to help create the United States of America. A patriot, he signed the Declaration of Independence, Articles of Confederation, and U.S. Constitution.
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.
[Caption:]
Philadelphia was the capital of the United States from 1790 to 1800. Robert Morris made his large, elegant home near Sixth and Market Streets available to President George Washington. From this house, which served as both residence and office, the president directed the affairs of the executive branch of the United States.
Robert Morris, from a 1782 portrait by artist Charles Willson Peale featured in the "People of Independence" exhibit in the Second Bank of the United States.
Erected by National Park Service, U.S. Department of the Interior.
Topics and series. This historical marker is listed in these topic lists: African Americans • Colonial Era • Government & Politics • Industry & Commerce • Patriots & Patriotism • Settlements & Settlers • War, US Revolutionary • Waterways & Vessels. In addition, it is included in the Signers of the Declaration of Independence series list. A significant historical year for this entry is 1806.
Location. 39° 56.868′ N, 75° 8.917′ W. Marker is in Philadelphia, Pennsylvania, in Philadelphia County. It is in William Penn Annex East. Marker can be reached from Walnut Street. Marker is near Robert Morris statue in Independence Mall. Touch for map. Marker is at or near this postal address: 414 Chestnut St, Philadelphia PA 19106, United States of America. Touch for directions.
Other nearby markers. At least 8 other markers are within walking distance of this marker. Robert Morris (a few steps from 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). 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.)
Additional keywords. human trafficking
Credits. This page was last revised on February 2, 2023. It was originally submitted on July 16, 2008, by Bill Pfingsten of Bel Air, Maryland. This page has been viewed 1,547 times since then and 26 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 Woodland Park, New Jersey. 4. submitted on June 16, 2015, by Allen C. Browne of Silver Spring, Maryland.