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Wall Street Oasis » Blogs » Gekko21's blog
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Their Lives, Fortunes, and Sacred Honor
 

Gekko21's picture
Gekko21
     
 
 
(Neanderthal, 2,671
 
Points)
 on 7/4/11 at 9:36am
Liberty

Happy 4th of July!

While everyone knows why we celebrate the 4th, few remember the countless sacrifices made by individuals. The vast majority of their sacrifices are lost to history, remembered only in the amalgamation that is "Independence Day". As we sit down with family and friends, as we enjoy the fireworks, and eat hot dogs we should take a moment to remember those individuals whose sacrifice and daring made it all possible. While you read the below passage, I ask that you to put yourselves in their shoes. In today's political climate and culture, I fear that there are few of these type of men left. We are all hard working, ambitious, and greedy seekers of fame and fortune.....I don't deny it and I wear it with pride. All that aside, are you capable of doing what these men did, are you capable of proclaiming AND keeping the sacred oath.....

[quote=]What kind of men were the 56 signers who adopted the Declaration of Independence and who, by their signing, committed an act of treason against the crown? To each of you the names Franklin, Adams, Hancock, and Jefferson are almost as familiar as household words.

Most of us, however, know nothing of the other signers.

Who were they? What happened to them?

I imagine that many of you are somewhat surprised at the names not there: George Washington, Alexander Hamilton, Patrick Henry. All were elsewhere.

Ben Franklin was the only really old man. Eighteen were under 40; three were in their 20s. Of the 56 almost half -24- were judges and lawyers. Eleven were merchants, 9 were landowners and farmers, and the remaining 12 were doctors, ministers, and politicians.

With only a few exceptions, such as Samuel Adams of Massachusetts, these were men of substantial property.

All but two had families. The vast majority were men of education and standing in their communities. They had economic security as few men had in the 18th century.

Each had more to lose from revolution than he had to gain by it. John Hancock, one of the richest men in America, already had a price of 500 pounds on his head.

He signed in enormous letters so "that his Majesty could now read his name without glasses and could now double the reward." Ben Franklin wryly noted: "Indeed we must all hang together, otherwise we shall most assuredly hang separately." Fat Benjamin Harrison of Virginia told tiny Elbridge Gerry of Massachusetts: "With me it will all be over in a minute, but you , you will be dancing on air an hour after I am gone.

These men knew what they risked. The penalty for treason was death by hanging. And remember: a great British fleet was already at anchor in New York Harbor.

They were sober men. There were no dreamy-eyed intellectuals or draft card burners here. They were far from hot-eyed fanatics, yammering for an explosion.

They simply asked for the status quo. It was change they resisted. It was equality with the mother country they desired. It was taxation with representation they sought. They were all conservatives, yet they rebelled.

It was principle, not property, that had brought these men to Philadelphia. Two of them became presidents of the United States. Seven of them became state governors. One died in office as vice president of the United States. Several would go on to be U.S. Senators.

One, the richest man in America, in 1828 founded the Baltimore and Ohio Railroad. One, a delegate from Philadelphia, was the only real poet, musician and philosopher of the signers (it was he, Francis Hopkinson - not Betsy Ross who designed the United States flag).

Richard Henry Lee, A delegate from Virginia, had introduced the resolution to adopt the Declaration of Independence in June of 1776. He was prophetic in his concluding remarks:

"Why then sir, why do we longer delay? Why still deliberate? Let this happy day give birth to an American Republic. Let her arise not to devastate and to conquer but to reestablish the reign of peace and law. The eyes of Europe are fixed upon us. She demands of us a living example of freedom that may exhibit a contrast in the felicity of the citizen to the ever increasing tyranny which desolates her polluted shores. She invites us to prepare an asylum where the unhappy may find solace, and the persecuted repost. If we are not this day wanting in our duty, the names of the American Legislatures of 1776 will be placed by posterity at the side of all of those whose memory has been and ever will be dear to virtuous men and good citizens."

Though the resolution was formally adopted July 4, it was not until July 8 that two of the states authorized their delegates to sign, and it was not until August 2, that the signers met at Philadelphia to actually put their names to the Declaration.

William Ellery, delegate from Rhode Island, was curious to see the signers' faces as they committed this supreme act of personal courage. He saw some men sign quickly, "but in no face was he able to discern real fear."

Stephan Hopkins, Ellery's colleague from Rhode Island, was a man past 60. As he signed with a shaking pen, he declared: "My hand trembles, but my heart does not."

"Most glorious service"

Even before the list was published, the British marked down every member of Congress suspected of having put his name to treason. All of them became the objects of vicious manhunts. Some were taken. Some, like Jefferson, had narrow escapes. All who had property or families near British strongholds suffered.

- Francis Lewis, New York delegate saw his home plundered and his estates in what is now Harlem, completely destroyed by British soldiers. Mrs. Lewis was captured and treated with great brutality. Though she was later exchanged for two British prisoners though the efforts of Congress she died from the effects of her abuse.

- William Floyd, another New York delegate, was able to escape with his wife and children across Long Island Sound to Connecticut, where they lived as refugees without income for seven years. When they came home they found a devastated ruin.

- Philips Livingstone had all his great holdings in New York confiscated and his family driven out of their home. Livingstone died in 1778 still working in Congress for the cause.

- Louis Morris, the fourth New York delegate, saw all his timber, crops, and livestock taken. For seven years he was barred from his home and family.

- John Hart of Trenton, New Jersey, risked his life to return home to see his dying wife. Hessian soldiers rode after him, and he escaped in the woods. While his wife lay on her deathbed, the soldiers ruined his farm and wrecked his homestead. Hart, 65, slept in caves and woods as he was hunted across the countryside. When at long last, emaciated by hardship, he was able to sneak home, he found his wife had already been buried, and his 13 children taken away. He never saw them again. He died a broken man in 1779, without ever finding his family.

- Dr. John Witherspoon, signer, was president of the College of New Jersey, later called Princeton. The British occupied the town of Princeton, and billeted troops in the college. They trampled and burned the finest college library in the country.

- Judge Richard Stockton, another New Jersey delegate signer, had rushed back to his estate in an effort to evacuate his wife and children. The family found refuge with friends, but a Tory sympathizer betrayed them. Judge Stockton was pulled from bed in the night and brutally beaten by the arresting soldiers. Thrown into a common jail, he was deliberately starved. Congress finally arranged for Stockton's parole, but his health was ruined. The judge was released as an invalid, when he could no longer harm the British cause. He returned home to find his estate looted and did not live to see the triumph of the revolution. His family was forced to live off charity.

- Robert Morris, merchant prince of Philadelphia, delegate and signer, met Washington's appeals and pleas for money year after year. He made and raised arms and provisions which made it possible for Washington to cross the Delaware at Trenton. In the process he lost 150 ships at sea, bleeding his own fortune and credit almost dry.

- George Clymer, Pennsylvania signer, escaped with his family from their home, but their property was completely destroyed by the British in the Germantown and Brandywine campaigns.

- Dr. Benjamin Rush, also from Pennsylvania, was forced to flee to Maryland. As a heroic surgeon with the army, Rush had several narrow escapes.

- John Martin, a Tory in his views previous to the debate, lived in a strongly loyalist area of Pennsylvania. When he came out for independence, most of his neighbors and even some of his relatives ostracized him. He was a sensitive and troubled man, and many believed this action killed him. When he died in 1777, his last words to his tormentors were: "Tell them that they will live to see the hour when they shall acknowledge it [the signing] to have been the most glorious service that I have ever rendered to my country."

- William Ellery, Rhode Island delegate, saw his property and home burned to the ground.

- Thomas Lynch, Jr., South Carolina delegate, had his health broken from privation and exposures while serving as a company commander in the military. His doctors ordered him to seek a cure in the West Indies and on the voyage he and his young bride were drowned at sea.

- Edward Rutledge, Arthur Middleton, and Thomas Heyward, Jr., the other three South Carolina signers, were taken by the British in the siege of Charleston. They were carried as prisoners of war to St. Augustine, Florida, where they were singled out for indignities. They were exchanged at the end of the war, the British in the meantime having completely devastated their large landholdings and estates.

- Thomas Nelson, signer of Virginia, was at the front in command of the Virginia military forces. With British General Charles Cornwallis in Yorktown, fire from 70 heavy American guns began to destroy Yorktown piece by piece. Lord Cornwallis and his staff moved their headquarters into Nelson's palatial home. While American cannonballs were making a shambles of the town, the house of Governor Nelson remained untouched. Nelson turned in rage to the American gunners and asked, "Why do you spare my home?" They replied, "Sir, out of respect to you." Nelson cried, "Give me the cannon!" and fired on his magnificent home himself, smashing it to bits. But Nelson's sacrifice was not quite over. He had raised $2 million for the Revolutionary cause by pledging his own estates. When the loans came due, a newer peacetime Congress refused to honor them, and Nelson's property was forfeited. He was never reimbursed. He died, impoverished, a few years later at the age of 50.

Lives, fortunes, honor

Of those 56 who signed the Declaration of Independence, nine died of wounds or hardships during the war. Five were captured and imprisoned, in each case with brutal treatment. Several lost wives, sons or entire families. One lost his 13 children. Two wives were brutally treated. All were at one time or another the victims of manhunts and driven from their homes.

Twelve signers had their homes completely burned.

Seventeen lost everything they owned. Yet not one defected or went back on his pledged word. Their honor, and the nation they sacrificed so much to create is still intact.

And, finally, there is the New Jersey Signer, Abraham Clark.

He gave two sons to the officer corps in the Revolutionary Army. They were captured and sent to that infamous British prison hulk afloat in New York Harbor known as the hell ship "Jersey," where 11,000 American captives were to die. The younger Clarks were treated with a special brutality because of their father.

One was put in solitary and given no food. With the end almost in sight with the war almost won, no one could have blamed Abraham Clark for acceding to the British request when they offered him his sons' lives if he would recant and come out for the King and Parliament. The utter despair in this man's heart, the anguish in his very soul, must reach out to each and one of us down through 200 years with the answer: "No."

The 56 signers of the Declaration of Independence proved by their every deed that they made no idle boast when they composed the most magnificent curtain line in history. "And for the support of this Declaration with a firm reliance on the protection of divine providence, we mutually pledge to each other our lives, our fortunes, and our sacred honor."

- Rush H. Limbaugh, Jr.

Rush Limbaugh, radio commentator, is the son of Rush H. Limbaugh Jr.[/quote]

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
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Tags:
  • 4th of july

Comments

APAE's picture

Phenomenal read. Happy 4th to

APAE
     
 
(Neanderthal, 3,660
 
Points)
 on 7/4/11 at 12:36pm

Phenomenal read.
Happy 4th to everyone blessed enough to be born in the greatest country on the earth or join its citizenship later.
Thanks to our forefathers and other figures throughout its history who have sacrificed of themselves to preserve our hope and freedom.

A lot of people do certain things to add days to their life. I do things to add life to my days.

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Alan Greenberg's picture

Excellent post Midas...gives

Alan Greenberg
      ST
 
(Senior Monkey, 82
 
Points)
 on 7/4/11 at 2:08pm

Excellent post Midas...gives a deeper meaning to the 4th. This should be included in all school books to demonstrate the gravity to which these men sacrificed everything for liberty.

I'd have to agree there are few men who would be willing to forfeit their lives, family and possessions for such a cause today. Definitely a new bookmark post.

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Gekko21's picture

Alan Greenberg

Gekko21
     
 
 
(Neanderthal, 2,671
 
Points)
 on 7/4/11 at 2:15pm
Alan Greenberg:

Excellent post Midas...gives a deeper meaning to the 4th. This should be included in all school books to demonstrate the gravity to which these men sacrificed everything for liberty.

I'd have to agree there are few men who would be willing to forfeit their lives, family and possessions for such a cause today. Definitely a new bookmark post.

You're joking right?

Although I guess being confused for Midas is a compliment.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."

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Edmundo Braverman's picture

Gekko21 wrote: Although I

Edmundo Braverman
      ST
 
 
(Human, 14,399
 
Points)
 on 7/4/11 at 2:45pm
Gekko21:

Although I guess being confused for Midas is a compliment.

In what fucking universe could that ever be a compliment? lol

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happypantsmcgee's picture

Edmundo Braverman

happypantsmcgee
      O
 
 
(Almost Human, 9,621
 
Points)
 on 7/4/11 at 4:20pm
Edmundo Braverman:
Gekko21:

Although I guess being confused for Midas is a compliment.

In what fucking universe could that ever be a compliment? lol

Haha, kinda what I was thinking. (Just kidding big guy).

Really well written Gekko, good shit.

If I had asked people what they wanted, they would have said faster horses - Henry Ford

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In The Flesh's picture

First post in how long? ;).

In The Flesh
      HF
 
 
(Neanderthal, 2,812
 
Points)
 on 7/4/11 at 4:49pm

First post in how long? ;). Welcome back, good sir. Excellent read.

Head of Metal Website: www.headofmetal.com

https://twitter.com/headofmetal2012

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dwight schrute's picture

When did you change your name

dwight schrute
     
 
(Gorilla, 673
 
Points)
 on 7/4/11 at 7:02pm

When did you change your name midas?

Excellent post Gekko

Making money is art and working is art and good business is the best art - Andy Warhol

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TeachmehowtoBucky's picture

Awesome post Gekko, really a

TeachmehowtoBucky
      CF
 
(Monkey, 50
 
Points)
 on 7/4/11 at 8:49pm

Awesome post Gekko, really a great read which I needed after seeing a poll that reported 1 in 4 Americans don't know that Great Britain was the country the United States seceded from.

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Virginia Tech 4ever's picture

1 in 4???? For f*ck's sake!

Virginia Tech 4ever
      EN
 
 
(Neanderthal, 2,319
 
Points)
 on 7/4/11 at 11:44pm

1 in 4???? For f*ck's sake! What is wrong with the people in this country? I don't understand how people can float through life like a pile of sh*t in a sewer. What separates human beings from animals is not our biology per se, but it's our ability to look to the stars and wonder--how? why? And yet it seems like so many Americans just float through life, completely unconcerned with what's going on, who they are as people, where they came from and where mankind is heading.

When I step back and look at history, however, it's clear that this is a human condition, that only a small percentage of mankind in any given generation does anything of note, transforms or creates anything of worth. Literally 95-98% of human beings in any given generation float through life, unconcerned about impacting the world. I guess that's just the human condition.

This is, however, why I support (in principle) allowing only land owning or business owning males the right to vote. Or at the very least there should be basic world and historical literacy tests required to vote. If you can't answer who the vice president of the United States is, you have no business casting a ballot. If you can't answer the nation correctly that the colonists declared independence from, you should be shot in the face.

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ivoteforthatguy's picture

Didn't Rush duck his service

ivoteforthatguy
      O
 
(Neanderthal, 2,210
 
Points)
 on 7/6/11 at 12:20am

Didn't Rush duck his service in Nam because he had a boil on his butt cheek?

Rush Sr., of course.

W need to draw a distinction between patriots and patriotism-enthusiasts.

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sayandarula's picture

Virginia Tech 4ever

sayandarula
      O
 
(King Kong, 1,809
 
Points)
 on 7/7/11 at 1:04pm
Virginia Tech 4ever:

This is, however, why I support (in principle) allowing only land owning or business owning males the right to vote.

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Money Never Sleeps? More like Money Never SUCKS amirite?!?!?!?

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The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

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Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

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Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

Forum Topics

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  • Pretty slow with it being the Friday of a long weekend, wanted to know if you guys had anything interesting going this weekend? How many of you will be studying for the CFA? I'm hitting a concert tonight (Juicy J) then doing some sailing on Sat....
    Long Weekend Plans
  • Google glass is doomed to fail because it's simply just not a "cool" product, see below for a particularly funny site: http://whitemenwearinggoogleglass.tumblr.com I remember when the very first iPhone came out (I got one right when it came out). I would take that thing to a...
    Google Glass will fail miserably
  • Guys! BIG Problem. I have a financial statement assessment at a research firm on monday... How the eff am I supposed to study for such a test.. Never heard of one. What do you guys think I should review DuPont, Quick Ratio, etc ? or would they get short mcqs like the BAT... ANY help would...
    Financial Statement Assessment test
  • Can anyone recommend books, or other resources, on how to improve your writing, especially business writing? I am interested in being able to write very concise and succinct and at the same time build my business vocabulary. I write a lot at work which makes it easy to practice but I need...
    Recommendation for non-native English speaker (writing)
  • Being a trader for the past seven years I am tempted to make a leap into being an er analyst. Trading has fizzled out and at this point in my life it's not worth the risk as I am looking to settle down. Just had a few questions if anyone could help out would be much appreciated. At 33, I...
    Making the leap to ER Analyst, thoughts?
  • Greetings! Happy Memorial Day Weekend! This is a story of my lady friend. Let's call her Ms. X. I got to know X through mutual friend. Attractive lady, well educated, exotic feel. She is the kind that will turn a lot heads when she dresses up a bit. So lately we found a chance to sit down...
    Should she be considered a whore or not?
  • Similar to many monkeys, I'll be starting full time this summer as an analyst. As I move into the real world I want to start with a clean budget for what I'm making, spending, and (hopefully) saving. Does anyone have any advice/guidance as to line items that should be included? I...
    Personal Budget Spreadsheet Advice
  • I am graduating, and I have had some difficulties to get a job. I am in a quite specialized sector that is not at its best in the economy/location I am interested. I have signed a contract today - Pay is just slightly higher ($10k) on what I made pre-MBA (I had a good pre-MBA salary...
    Is better any job than no job?
  • Hi all, I urgently need help. I am a lawyer with several years of experience in real estate law trying to get out of law to work on the business side. I have excellent undergraduate record with minor in business and solid record from a first tier Law School. But I've been out of school for...
    Real estate work-life balance positions
  • Good afternoon. I am Coach Cinda, a new user and certified Communications Coach. If anyone is looking to connect or get coaching on improving your communication skills, feel free to check out my website. Thanks and have a terrific holiday...
    Coach Cinda Introduction
  • Anything on what are supposed to be their better groups in London?...
    BNP Paribas London
  • What did you learn first, the Forex or the Stock exchange? Which one do you like...
    What did you learn first
  • Hello WSO! I am starting in July as a first-year IB analyst at MM IB. I am excited and nervous at the same time: not sure about group placement and the office dynamic and exit opps etc. I am curious that if there is anything that experienced bankers would like to share here? things that you...
    Share with an incoming first-year analyst?
  • Sports is a fascinating business to me. It is truly amazing how quickly sports have grown into billion dollar franchises with top end players making up to $30 million a year. Baffling. On top of it, the numbers for broadcasting rights keep climbing right along with them and frankly seem to be...
    ESPN and the Business of Sports
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I was writing an email to a fellow monkey who is about to start as a banking analyst in the summer. It's been a little over 5 yrs now since I was a wee young first-year analyst in restructuring for one of the Moelis/Houlihan/Evercore type firms (I call them the firms where most people will...
15 things I wish I knew as a first year banking analyst
This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
Why You DON'T Leave Banking for B School Just to Come Right Back...
I get a ton of emails and answer a ton of posts asking similar questions so I thought I would answer the most common ones I get here and allow others to post their questions so everyone can see them and the subsequent answers. Hope this helps. <strong>Summer Analyst...
MSF Question and Answer
I work as a currency volatility trader and manage one of the bigger G10 blocs in London. I've been lucky enough to get responsibility early in my career. I started off managing a single currency book a few months into the job, and have steadily been granted more responsibility to where I am...
Ask Me Anything: I'm a Currency Volatility Trader
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
Beginners Guide to Valuation and Metrics By Sector
I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
Ask me anything… I'm a Private Equity Analyst in Shanghai
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,...
A Perfect Storm
I work as a long/short equity analyst at a large hedge fund. I've been lucky enough to be more than just a model monkey early on in my career, but have also been exposed to the stress of being measured on returns. I primarily cover consumer and TMT names. I went the typical path (target...
I'm a Hedge Fund Analyst - Ask Me Anything
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
<em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
My Biggest Career Mistake to Date: Prestige
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