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Webster, Pelatiah 1725-1795

Political economist; born in Lebanon, Conn., in 1725; graduated at Yale College in 1746; took a course in theology, and was pastor in Greenwich, Mass., in 1748-49; removed to Philadelphia, where he engaged in business. During the Revolutionary War he was a stanch patriot; was made a prisoner by the British in 1788; confined in the city jail for 132 days; and had a part of his property confiscated. He was the author of Essays on free-trade and finance; Dissertation on the political Union and Constitution of the thirteen United States of North America; Reasons for repealing the act of the legislature which took away the charter of the Bank of North America; and Political essays on the nature and operation of money, public finances, and other subjects, published during the American War. He died in Philadelphia, Pa., in September, 1795.

Harper and Brothers Publishers. . New York. 1902.

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