Note 79 — PAPERS ON AMERICAN SUBJECTS, DURING THE REVOLUTIONARY TROUBLES.
Reading edition
F. S. possibly means Franklin's Seal. The paper, however, is undoubtedly the production of Dr. Franklin.
In the collection of tracts on the subjects of taxing the British colonies in America, and regulating their trade (printed in 1773, in 4 vols. 8vo. by Almon) I find two papers, said there to have been published originally in 1739, and to have been drawn up by a club of American merchants, at the head of whom were Sir William Keith (governor of Pensylvania), Joshua Gee, and many other eminent persons. The first paper proposes the raising a small body of regular troops under the command of an officer appointed by the crown and independent of the governors (who were nevertheless to assist him in council on emergent occasions) in order to protect the Indian trade, and take care of the boundaries and back settlements. They were to be supported by a revenue to be established by act of parliament, in America; which revenue was to arise out of a duty on stampt paper and parchment. The second paper goes into the particulars of this proposed stamp duty, offers reasons for extending it over all the British plantations, and recites its supposed advantages. If these papers are at all genuine (a fact about which I am not in the least informed) Mr. George Grenville does not appear to have been original in conceiving stamps as a proper subject for his new tax. See ib. vol. I. B. V.