On August 12th, 1848, Stephenson died, leaving an immense fortune, which was the honest reward he deserved.
[Benjamin Franklin.]
Possibly there never has lived a man who has excited more comment than has the subject of this narrative, who was born in Boston, January 17th, 1706. His father was a soap boiler and tallow chandler, and he was the fifteenth in a family of seventeen children.
Young Benjamin was expected by his parents to become a minister of the Gospel, and for this purpose was placed in school at the age of eight, but the reduced circumstances of his father compelled his return home two years later, and he began the work of cutting wicks in his father's establishment. Afterwards he was bound to his brother James, who was a printer, where he worked hard all day, and often spent half the night in reading.
The secret of his great success can be readily perceived, when we know that his favorite books were Mather's "Essays to Do Good," and DeFoe's "Essays of Projects," and many others of a like nature: instead of the modern "Three Fingered Jack," "Calamity Jane," "The Queen of the Plains," or the more 'refined' of to-day's juvenile reading.
When he was about sixteen he wrote, in a disguised hand, an article for his brother's paper. This article was published anonymously, and excited great curiosity. Other articles followed, at length the identity of the author was discovered, and for some unknown reason the elder brother was offended. From that hour Benjamin resolved to leave Boston, as his brother's influence was used to his disadvantage in that city.
Embarking, he worked his passage to New York, where he arrived at the age of seventeen, almost penniless, and without recommendations. Failing to obtain work here he continued on to Philadelphia, where he arrived, disappointed but not discouraged. He now had but one dollar, and a few copper coins, in the world. Being hungry, he bought some bread, and with one roll under either arm, and eating the third, he passed up the street on which his destined wife lived, and she beheld him as he presented this ridiculous appearance. Obtaining employment, he secured board and lodging with Mr. Reed, afterward his father-in-law.
Being induced to think of going into business for himself, through promises of financial help from influential parties, he sailed to London for the purpose of buying the necessary requisites for a printing office. Not until his arrival in that great city, London, did he learn of the groundlessness of his hope for aid from the expected quarter. In a strange land, friendless and alone, without money to pay his return passage, such was his predicament; yet he lost not his courage, but obtained employment as a printer, writing his betrothed that he should likely never return to America. His stay in London lasted, however, but about eighteen months, during which time he succeeded in reforming some of his beer-drinking companions.
In 1826 he returned to America as a dry-goods clerk, but the death of his employer fortunately turned his attention once more to his especial calling, and he soon after formed a partnership with a Mr. Meredith. This was in 1728. Miss Reed, during his stay abroad, had been induced to marry another man who proved to be a scoundrel; leaving her to escape punishment for debt, and, it is alleged, with an indictment for bigamy hanging over his head. Franklin attributed much of this misfortune to himself, and resolved to repair the injury so far as lay within his power. Accordingly he married her in 1830. This proved a most happy union. His business connection with Mr. Meridith being dissolved, he purchased the miserably conducted sheet of Mr. Keimer, his former employer, and under Franklin's management it became a somewhat influential journal of opinion.