Memoirs of Benjamin Franklin; Written by Himself. [Vol. 1 of 2] With His Most Interesting Essays, Letters, and Miscellaneous Writings; Familiar, Moral, Political, Economical, and Philosophical, Selected with Care from All His Published Productions, and Comprising Whatever Is Most Entertaining and Valuable to the General Reader

By Benjamin Franklin

Page 184

not gold and silver enough in the colonies
to pay the stamp duty for one year.

_Q._ Don't you know that the money arising from the stamps was all to be
laid out in America?

_A._ I know it is appropriated by the act to the American service; but
it will be spent in the conquered colonies, where the soldiers are; not
in the colonies that pay it.

_Q._ Is there not a balance of trade due from the colonies where the
troops are posted, that will bring back the money to the old colonies?

_A._ I think not. I believe very little would come back. I know of no
trade likely to bring it back. I think it would come from the colonies
where it was spent directly to England; for I have always observed, that
in every colony, the more plenty the means of remittance to England, the
more goods are sent for and the more trade with England carried on.

_Q._ What number of white inhabitants do you think there are in

_A._ I suppose there may be about one hundred and sixty thousand?

_Q._ What number of them are Quakers?

_A._ Perhaps a third.

_Q._ What number of Germans?

_A._ Perhaps another third; but I cannot speak with certainty.

_Q._ Have any number of the Germans seen service as soldiers in Europe?

_A._ Yes, many of them, both in Europe and America.

_Q._ Are they as much dissatisfied with the stamp duty as the English?

_A._ Yes, and more; and with reason, as their stamps are, in many cases,
to be double.

_Q._ How many white men do you suppose there are in North America?

_A._ About three hundred thousand, from sixteen to sixty years of age?

_Q._ What may be the amount of one year's imports into Pennsylvania from

_A._ I have been informed that our merchants compute the imports from
Britain to be above L500,000.

_Q._ What may be the amount of the produce of your province exported to

_A._ It must be small, as we produce little that is wanted in Britain. I
suppose it cannot exceed L40,000.

_Q._ How, then, do you pay the balance?

_A._ The balance is paid by our produce carried to the West Indies (and
sold in our own islands, or to the French, Spaniards, Danes, and Dutch);
by the same produce carried to other colonies in North America (as to
New-England, Nova Scotia, Newfoundland, Carolina, and Georgia); by the
same, carried to different parts of Europe (as Spain, Portugal, and
Italy). In all which places we receive either money, bills of exchange,
or commodities that suit for

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Text Comparison with Benjamin Franklin and the First Balloons

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The documents which I publish are copies of Franklin's letters, made on thin paper in a copying press (probably the rotary machine invented by Franklin), and all but one bear his signature in ink.
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He was complimented on his Zeal and Courage for the Promotion of Science, but advis'd to wait till the management of these Balls was made by Experience more certain & safe.
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We have only at present the enclosed Pamphlet, which does not answer the expectation given us.
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_Planant sur l'Horizon.
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A very handsome triumphal Car will be suspended to it, in which Mess^rs.
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It does not seem to me a good reason to decline prosecuting a new Experiment which apparently increases the Power of Man over Matter, till we can see to what Use that Power may be applied.
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1, 1783.
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The Wind was very little, so that the Object, tho' moving to the Northward, continued long in View; and it was a great while before the admiring People began to disperse.
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_ This should be dated Nov.
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_ This has never been published so far as I know.
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6, "M.