Lafayette’s Farewell Tour: How Commonality Saved Captain Charles Williamson And Western New York

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By on July 9, 2024

Previous: Canandaigua Anxiously Waits Before Jubilation And An Elegant Supper

Captain Charles Williamson was responsible for developing much of the Genesee Country between Preemption Line and the Genesee River. Source: Main, William, Charles Williamson, Cowan & Co., Ltd., Perth, 1899, frontpiece

He was a proud Tory and Captain in the British army who volunteered to fight for King George III against the rebellious colonists. She was a proud Patriot whose father graciously saw in this prisoner of war a common human element.

Before we get into this backstory, let’s review why it’s so important.

In December 1786, the states of New York and Massachusetts agreed to resolve a conflict started by the kings of England. Those monarchs made a royal mess of Western New York, at one time or another granting rights to all or portions of it to no less than five colonies.

By the end of the American Revolution, three states had claims to the Greater Western New York region: New York, Massachusetts, and Connecticut (a sliver along the southern tier). With Connecticut quickly quitting its claim, New York and Massachusetts stood nose-to-nose. With the Articles of Confederation dissolving, the two states decided to circumvent that ineffective parchment and meet in neutral territory. Ironically, this meeting took place in the state of Continue Reading “Lafayette’s Farewell Tour: How Commonality Saved Captain Charles Williamson And Western New York”

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Lafayette’s Farewell Tour: Lafayette Prepares To Enter The Greater Western New York Region

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By on March 19, 2024

Previous: Overview Of His 1824-1825 American Visit (Part II)

The sun rose the morning of Friday, June 3, 1825, at 4:05am local time in Waterford, Pennsylvania.1 Lafayette had two weeks—14 days—to travel 550 miles and visit almost two dozen towns and villages before the June 17th dedication of the Bunker Hill Monument in Boston. He was determined to meet every community he promised to visit. Speed was of the essence.

But he couldn’t show it. At least not in a too obvious way.

Roughly three hours after the break of dawn, at about 7 o’clock, Lafayette’s party left Waterford for the seat of the County, Erie, Pennsylvania.2 Though technically still in the Continue Reading “Lafayette’s Farewell Tour: Lafayette Prepares To Enter The Greater Western New York Region”

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Lafayette’s Farewell Tour: The Lucky Winner Is…

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By on February 13, 2024

Previous: America In 1824

The nation waited anxiously for a formal response to President James Monroe’s invitation to General Lafayette. In March and April of 1824, newspapers across the country printed letters hinting that Lafayette had prior commitments.

To Major Joseph Wheaton of Washington came word from Lafayette that “…duties to the cause of freedom make it, if not a matter of hope, at least a point of honor, to keep his present post.”1 Similarly, Lafayette wrote to Dr. James Thatcher, “At this moment a sense of duty keeps me on the European side of the Atlantic.”2

While the papers proclaimed these missives as “the latest communication from Lafayette,”3 they were months old by the time they hit the press. It wasn’t as if Lafayette disliked America. In truth, he loved his adopted country. He wrote his good friend William Eustis, Continue Reading “Lafayette’s Farewell Tour: The Lucky Winner Is…”

Posted in History, The Compleat Carosa Commentaries, Western New York State of Mind Tagged , , , , , , , , ,

The True Legacy of Ben Franklin’s Last Will and Testament

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By on September 5, 2017

The following represents a chapter excerpt from the forthcoming book From Cradle to Retirement – The Child IRA – How to start a newborn on the road to a comfortable retirement while still in a cozy cradle (Pandamensional Solutions, Inc., September 2017). If you know of millennials (or baby boomers) who are parents (or grandparents), especially if they own their business or are part of a closely-held/family business, you may want to encourage to pre-order the book through Kickstarter project: “Child IRA Book – Is Your Child’s Future Worth $1,000 a Year.” Professional might want to take a look at and back this project, too, because it offers several low-cost opportunities to brand their business in this large and growing market.

Ben Franklin may have been teased into starting twin 200-year trusts in Boston and Philadelphia, but he nonetheless realized a great idea when he saw one. He even recognized the potential obstacles that might present themselves to those tasked with executing his grand plan. More important, we now recognize that, all other things aside, Franklin should be applauded for his eternal optimism in the nation he helped found.

The history of his legacy trusts – The Franklin Trust of Philadelphia and the Franklin Foundation of Boston – instructs us on both the power of compound interest and the dangers of relying on public officials to manage money for the long-term. We might even Continue Reading “The True Legacy of Ben Franklin’s Last Will and Testament”

Posted in Slush Pile, The Compleat Carosa Commentaries, Western New York State of Mind Tagged , , , , , , ,

Ben Franklin Trusts – Did They Work?

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By on August 30, 2017

The following represents a chapter excerpt from the forthcoming book From Cradle to Retirement – The Child IRA – How to start a newborn on the road to a comfortable retirement while still in a cozy cradle (Pandamensional Solutions, Inc., September 2017). If you know of millennials (or baby boomers) who are parents (or grandparents), especially if they own their business or are part of a closely-held/family business, you may want to encourage to pre-order the book through Kickstarter project: “Child IRA Book – Is Your Child’s Future Worth $1,000 a Year.” Professional might want to take a look at and back this project, too, because it offers several low-cost opportunities to brand their business in this large and growing market. 

The ever meticulous Benjamin Franklin sought to control at least a portion of his wealth from his grave. That particular bequest (in 1790) – 1,000 pounds sterling each to the cities of Boston and Philadelphia – came with specific directions as to its use and disbursement. These instructions covered a period of 200 years. How close did the beneficiaries stick to Franklin’s instructions? How did this loyalty – or lack of loyalty – to the grantor’s final wishes leave the final estate at the end of Franklin’s 200-year time period? Finally, what does the legacy of Ben Franklin’s Last Will and Testament tell us about ourselves, our nation, and our collective financial literacy?

Franklin calculated the value of each fund would be £131,000 at the end of the first Continue Reading “Ben Franklin Trusts – Did They Work?”

Posted in The Compleat Carosa Commentaries Tagged , , ,

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