Reading 42-65 Franklin

The Way to Wealth

  • Benjamin Franklin (b. 1706-1790) is presented as a model of self-made success through discipline and industry; the preface recasts his moralizing as practical advice collected in Poor Richard and delivered by Father Abraham.

  • Central message: resist idleness and sloth; time is the most precious resource, and industrious living yields health, wealth, and wisdom.

  • Key maxims (illustrative):

    • Early o bed, ext{ and }early o rise, ext{ makes a Man healthy, wealthy and wise.}

    • Lost Time is never found again; a life of Leisure and a Life of Laziness are two Things.

    • Sloth taxes more than any government; Industry pays Debts; Diligence leads to less Perplexity.

    • “God helps them that help themselves” (Poor Richard, Almanack 1733).

    • Do not waste time; work with purpose; avoid debt; beware of little expenses (a small leak sinks a great Ship).

  • Core strategies for wealth:

    • Work at your trade; be prudent with money; save as you go; don’t aspire to vanity or unnecessary extravagance.

    • Buy what you need, not what you merely want; credit can enslave you; creditors remember longer than debtors.

  • Overall theme: virtue, frugality, and prudent management of time and resources build a respectable, independent life; moral caution is tied to financial success.

The Art of Virtue

  • Franklin’s Autobiography outlines a plan for moral perfection, seeking to acquire a stable set of virtuous habits.

  • He lists the thirteen virtues (each with a short precept) to guide conduct:
    1) Temperance: Eat Not to Dullness; Drink Not to Elevation
    2) Silence: Speak not but what may benefit others or yourself
    3) Order: Let all your things have their places; time for each duty
    4) Resolution: Resolve to perform what you ought; perform without fail
    5) Frugality: Waste nothing; do good to self and others
    6) Industry: Lose no time; be always employed in something useful
    7) Sincerity: No hurtful deceit; act with integrity
    8) Justice: Do not injure others; fulfill duties
    9) Moderation: Avoid extremes; restrain resentment
    10) Cleanliness: Tolerate no uncleanliness
    11) Tranquillity: Be not disturbed by trifles or unavoidable accidents
    12) Chastity: Use venery only for health or offspring; avoid harm to peace or reputation
    13) Humility: Imitate Jesus and Socrates

  • Method: fix attention on one virtue at a time, usually in a 13-week cycle, then repeat to build habit; record progress in a small book with daily entries (e.g., seven columns for days, one per virtue).

  • Practical notes about implementation:

    • Start with Temperance to develop a clear head; then Silence and Order to enable study and discipline.

    • The plan requires regular self-examination and honesty about faults; progress is gradual and may be uneven, but leads to a better, happier life.

    • The “speckled ax” analogy: perfection is difficult; small improvements matter and prevent discouragement.

  • Franklin’s conclusion attributes lasting benefit to the discipline of virtue, while acknowledging human imperfection; he views moral self-improvement as a prerequisite for public virtue and happiness.

To Those Who Would Remove to America

  • Franklin addresses Europeans contemplating emigration; sets expectations about American life.

  • Core claim: America is not a land of wealth for idle aristocrats but a land of happy mediocrity where hard work and opportunity prevail.

  • Key points:

    • In America, talents are valued by what you can do, not by birth or noble status; offices of profit are limited by law and public interest.

    • Poverty and scarcity can be overcome by labor, apprenticeships, and skill; there is a pathway for skilled tradesmen, artisans, and farmers.

    • Emigration benefits the industrious: land is plentiful, wages are decent, and there are opportunities to buy land and establish a livelihood.

    • Apprenticeships are common; artisans often recruit and invest in promising youths, enabling social mobility through practical skills.

    • Public policy favors widespread opportunity over hereditary privilege; there is a preference for productive work and self-reliance over inflated offices.

    • Caution about grand schemes: avoid schemes promising easy riches or government subsidies; success depends on personal industry and prudent cooperation with neighbors.

  • Practical guidance for prospective migrants:

    • Consider land availability near frontiers (land prices: affordable for young workers).

    • Start small (servant or journeyman) and rise through skill and reputation.

    • Expect rapid demographic growth, which sustains demand for farmers, artisans, and tradespeople.

    • Remember that America rewards useful labor; you must “bring something to the table” rather than rely on birthright.

  • Historical context provided: Franklin’s view reinforces a Protestant work ethic and a social ethos of merit, equality of opportunity, and reliance on one’s own labor.

Self-Government: The Mayflower Compact (1620)

  • Before Plymouth, the Pilgrims pledged to govern themselves by mutually agreed laws.

  • Also known as the Plymouth Combination; the covenant bound the signers to a civil body politic for the common good.

  • Significance:

    • Often cited as the first example of government by voluntary consent in the English-speaking colonies.

    • Emphasizes collective responsibility, rule-making by the community, and obedience to agreed laws for public order.

  • Core idea: government derives legitimacy from the consent of the governed and serves the general good of the colony.

William Penn: Preface to the First Frame of Government (1682)

  • Penn’s central claim: government has a moral purpose, best served by a combination of good laws and good men; liberty and conscience are valued.

  • Core theses:

    • The law is added because of transgression; rulers are ministers of God for good, and subjects should be subject to lawful authority for conscience and order.

    • No single form of government fits all places; governments vary by time and place, but the key principle is that laws rule with the consent of the people.

    • Government should be governed by virtuous people; “good laws require good men, and good men require good education” for a stable polity.

    • The reciprocal relation of laws and rulers: liberty without obedience is confusion; obedience without liberty is slavery.

  • Practical cautions:

    • The frame of government should keep power within the people and ensure accountability to prevent tyranny.

    • Offices should not be so profitable as to entice corruption or dependence; the state should avoid creating incentives for faction and corruption.

    • A frame designed for Pennsylvania emphasizes work, industry, and virtue as foundations of public life; settlement should be grounded in liberty, toleration, and mutual respect.

  • Concluding note: governments work best when founded on the virtue and wisdom of its people and balanced by well-crafted laws; “Governments… depend upon men rather than men upon governments.”

Quick synthesis for exam recall

  • Way to Wealth: time is money; avoid idleness; industry, frugality, and prudent spending lead to wealth and independence; debt is a chain to liberty.

  • The Art of Virtue: moral self-improvement through thirteen focused virtues; process-oriented (weekly focus, daily examination); practical method to form habit.

  • To Those Who Would Remove to America: America as land of labor and merit; opportunities for skilled immigrants; avoid grandiose myths of easy wealth; value productive work.

  • Mayflower Compact: early model of government by consent; self-governing covenant for the common good.

  • Penn Preface: government should be anchored in virtue and the education of citizens; liberty requires obedience to just laws; offices should be limited to prevent corruption.

  • overarching theme: governance and emigration themes in colonial America hinge on virtue, industry, and consent-based political structures; success rests on the character and labor of individuals.