Thursday, June 22, 2017

The Baleful Comet of Boston: Samuel Adams and the Puritan Republic

While the younger Samuel failed as apprentice in the counting house of Thomas Cushing, and then failed in a venture of his own, his prosperous father was brought low by the application of the Bubble Act of 1720 to his affairs as a director of the Whig Land Bank. In 1741, at the urging of the Court Party, the friends of government in Boston, Parliament had declared the Land Bank illegal ab initio and the directors liable for all the paper it had issued. In consequence of this legislation Deacon Adams and his son spent twenty years in private rebellion against the Massachusetts Land Bank Commissioners who at law had a responsibility to seize their property. 

http://www.theimaginativeconservative.org/2012/06/baleful-comet-of-boston-samuel-adams.html

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