z Cottage by the Sea : America .. a 2nd post for Wednesday

Wednesday, November 5, 2025

America .. a 2nd post for Wednesday


This post is taken from This Day in History..... Wednesday Hodgepodge is below.

He loaned a newborn nation $650,000 to survive its darkest hour. (that is   $27,348,623.38 today)
America never paid him back.
In 1781, the Continental Army was starving. Soldiers were deserting. Congress couldn't pay its own members. The American Revolution—the bold experiment in liberty that would reshape the world—was on the verge of financial collapse.
General George Washington sent an urgent message to Congress: without money for food, clothing, and ammunition, the war was lost.
Congress had no money. The states had no money. The French allies were hesitant.

That's when Robert Morris turned to a Jewish immigrant from Poland named Haym Salomon.
Salomon had arrived in New York just six years earlier, in 1775, fleeing persecution in Europe. He spoke Polish, German, French, Italian, and English. He understood banking, credit, and international finance.
He also understood what it meant to fight for freedom.
Within weeks of arriving, Haym joined the Sons of Liberty, the underground network plotting revolution against British rule. He used his financial expertise and language skills to support the cause.
The British noticed.
In 1776, they arrested him for espionage. They threw him in prison. They could have executed him.
Instead, they made a deal: serve as a translator for the Hessian mercenaries fighting for the Crown, and you live.
Haym agreed. But he had no intention of serving the British faithfully.
He became a double agent.
For months, while officially translating for Hessian officers, Haym secretly whispered a different message to the German-speaking soldiers: You're fighting the wrong war. These Americans are fighting for the same freedom you left Germany to find. Desert. Join them. Survive.
Hundreds of Hessian soldiers disappeared from British ranks.
When the British discovered Haym's betrayal, they arrested him again. This time, execution seemed certain.
He escaped. Barely. And fled to Philadelphia with nothing.
Most people would have hidden. Haym went back to work.
By 1781, the war had dragged into its sixth year. The Continental Congress was broke. Soldiers hadn't been paid in months. Officers were threatening mutiny. Washington's letters to Congress grew increasingly desperate:
"We are at the end of our tether."
Robert Morris, the Superintendent of Finance—essentially the Treasury Secretary of a nation that didn't officially exist yet—faced an impossible task: find money that didn't exist, from sources that didn't trust the Americans to survive, for a government that had no way to pay them back.
Morris turned to Haym Salomon.
What happened next saved the Revolution.
Haym worked eighteen-hour days. He brokered loans from French financiers who believed in the American cause. He negotiated with Dutch bankers who saw profit in the long game. He used his reputation in the international Jewish community to secure credit when no one else would take the risk.
And when even those sources dried up, Haym did something extraordinary:
He used his own money.
Members of Congress couldn't afford to stay in Philadelphia to vote on critical war measures. Haym personally loaned them funds—for rent, for food, for their families back home—so they could remain in the capital and keep the government functioning.
James Madison, the future fourth President, survived on Haym's loans.
James Wilson, signer of the Declaration of Independence, was funded by Haym.
When Washington's army was starving at Valley Forge, Haym found the money for supplies.
When the French fleet needed provisions to blockade the British at Yorktown—the battle that would win the war—Haym secured the funds.
Over four years, Haym Salomon personally advanced or brokered over $650,000 for the American cause. In today's money: more than $20 million.
He kept meticulous records. He expected to be repaid. He never was.
Because Haym wasn't doing this for profit. He was guided by two principles from his Jewish faith:
Tzedakah—the obligation to give righteously, not charity but justice.
Tikkun olam—the responsibility to repair the world.
Haym Salomon looked at a world ruled by kings and emperors and saw brokenness. He looked at America's promise—that all men are created equal, that government derives from the consent of the governed—and saw repair.
So he gave everything.
The Revolution succeeded. Cornwallis surrendered at Yorktown in 1781. The Treaty of Paris was signed in 1783. America won.
And Haym Salomon was ruined.
In 1785, at age 45, he died in Philadelphia. Penniless. The new American government, struggling to establish itself, never repaid the loans. His widow and children were left destitute. His meticulous financial records—proof of what the nation owed him—were largely ignored.
Congress debated repayment multiple times over the next century. They acknowledged the debt. They praised his patriotism.
They never paid.
But here's what they couldn't take away:
Without Haym Salomon, there is no Yorktown. Without Yorktown, there is no American victory. Without American victory, there is no Constitution, no Bill of Rights, no United States of America.
A Jewish immigrant, who arrived in America with nothing, who was imprisoned twice, who risked execution, who lost everything—he saved the Revolution.
Not with a musket. Not with a speech. With ledgers and loans and an unshakable belief that this fragile experiment in democracy was worth every penny he had.
George Washington gets monuments. Thomas Jefferson gets memorials. The Founding Fathers get their faces on currency.
Haym Salomon got a footnote.
There's a statue of him in Chicago, erected in 1941—156 years after his death. There's a U.S. postage stamp from 1975. A few historians know his name.
But most Americans have never heard of the man who financed their freedom.
His children died poor. America became rich.
Here's what Haym Salomon proved: Sometimes the people who change history aren't the ones holding the pen or the sword. Sometimes they're the ones quietly keeping the lights on, paying the bills, making sure the impossible keeps going one more day.
He was an immigrant in a nation that didn't exist yet.
He was a Jew in a Christian-dominated society.
He was a financier in an age that romanticized soldiers.
And he was absolutely essential.
Because revolution isn't just about ideals. It's about payroll. It's about feeding soldiers and paying legislators and keeping allies invested. Revolution requires someone to do the math, balance the books, and find money that isn't there.
Haym Salomon did that math.
And when the numbers didn't add up, he wrote the check himself.
America never paid him back.
But America wouldn't exist without him.
He gave everything for a country that would forget his name.
He died penniless so a nation could be born free.
And if you're reading this in a country where government derives from the consent of the governed, where liberty is a birthright, where democracy—however imperfect—still breathes—
You're living in Haym Salomon's world.
He repaired it. At great cost.
The least we can do is remember!

5 comments:

  1. That was a very interesting post on Haym Solomon. Thanks for sharing it! I participated in Tuesday 4.

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  2. Wow, this is so interesting! I'm pretty sure each country has its unknown heroes like Haym Salomon.

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  3. I have never heard of Haym Salomon before reading about him here, Annie. Thank you so very much for this history lesson about how our nation truly won the Revolutionary War. In my book, Haym may have died financially poor but he died rich in God's love. Blessings!

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  4. Very interesting story. I've never heard of Haym Salomon before this, but he certainly deserves recognition. Thank you for sharing his story. May he be enjoying the blessings of heaven today, and perhaps one day we will meet him there and be able to thank him!

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