Philadelphia broker Haym Salomon (1740-1785) played a vital role in ensuring that the American colonies' fight to win independence from the British crown continued. During the 1770s, he brokered a number of large financial transactions that kept American soldiers clothed, fed, and armed. It is thought that this Jewish emigrant contributed much of his own assets to the war for independence because he died deeply in debt.
Haym Salomon was born in 1740 to a family of Portuguese Jews. His parents had been driven out of the Iberian peninsula by anti-Semitic laws enacted by the Spanish monarchy, and settled in Lissa (now Leszno), a part of Poland that, at the time, belonged to the kingdom of Prussia. The Jewish villages in the area, however, were sometimes decimated by vicious pogroms: a crime or incident would occur, Jews in the area came under suspicion for it, and then mob violence resulted in widespread incidents of assault, murder, and property destruction. One such conflagration threatened Lissa when Salomon was a young man, and caused him to flee to Holland.
It was probably during the 1760s that Salomon traveled in Europe. By the time he reached the British colonies he had acquired fluency in several languages. It is also thought that he possessed some university education. Salomon returned to Poland around 1770, but likely became involved in Poland's nationalist movement and was forced to flee the country again in 1772. This was the same year that the first of several partitions of Poland occurred, in which its neighbors allied to seize and divide amongst themselves Polish lands and effectively erase the country from the map. Salomon went first to England, and from there sailed to New York, under British control since the 1660s. It was a thriving port, and the center of commercial and shipping interests in North America. Salomon evidently possessed some knowledge of finance and accounting practices. He was able to find a job as a broker and commission agent for ships plying the Atlantic.
Read more: http://www.answers.com/topic/haym-solomon#ixzz3D5zOjtnc
Philadelphia broker Haym Salomon (1740-1785) played a vital role in ensuring that the American colonies' fight to win independence from the British crown continued. During the 1770s, he brokered a number of large financial transactions that kept American soldiers clothed, fed, and armed. It is thought that this Jewish emigrant contributed much of his own assets to the war for independence because he died deeply in debt.
Haym Salomon was born in 1740 to a family of Portuguese Jews. His parents had been driven out of the Iberian peninsula by anti-Semitic laws enacted by the Spanish monarchy, and settled in Lissa (now Leszno), a part of Poland that, at the time, belonged to the kingdom of Prussia. The Jewish villages in the area, however, were sometimes decimated by vicious pogroms: a crime or incident would occur, Jews in the area came under suspicion for it, and then mob violence resulted in widespread incidents of assault, murder, and property destruction. One such conflagration threatened Lissa when Salomon was a young man, and caused him to flee to Holland.
It was probably during the 1760s that Salomon traveled in Europe. By the time he reached the British colonies he had acquired fluency in several languages. It is also thought that he possessed some university education. Salomon returned to Poland around 1770, but likely became involved in Poland's nationalist movement and was forced to flee the country again in 1772. This was the same year that the first of several partitions of Poland occurred, in which its neighbors allied to seize and divide amongst themselves Polish lands and effectively erase the country from the map. Salomon went first to England, and from there sailed to New York, under British control since the 1660s. It was a thriving port, and the center of commercial and shipping interests in North America. Salomon evidently possessed some knowledge of finance and accounting practices. He was able to find a job as a broker and commission agent for ships plying the Atlantic.
Read more: http://www.answers.com/topic/haym-solomon#ixzz3D5zOjtnc
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