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2024 | OriginalPaper | Buchkapitel

6. Daniel Parker, Expatriate Extraordinaire

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Abstract

Parker left the United States in the late summer of 1784, under a cloud of suspicion from his partners in the United States, but with a good reputation from George Washington and John Adams. Arranging profitable speculation on U.S. securities with Dutch merchant bankers, he ended up establishing good relations with Sir Francis Baring, while moving between Amsterdam, Paris, and London. In Paris, he joined a partnership with Joel Barlow and made a fortune for both of them by arranging shipping of goods from the West Indies to revolutionary France with American ships. Insight into his operations is found in the Baring Archive, which deals with the fate of a U.S. ship, the Rosanna, whose rich cargo from Surinam was seized by French privateers. It became one of the claims against France under the terms of the Louisiana Purchase. Parker earlier had invested proceeds of his shipments to France in purchasing country estates seized by French nobles and, eventually the Paris mansion of the Comte de Montmorin. Shortly after the conclusion of the Louisiana Purchase, Parker also purchased the fabulous Chateau de Draveil on the outskirts of Paris. He sold it in 1821, probably to pay off claims of John Holker, his earlier partner in supplying Washington’s armies during the Revolution. Nevertheless, he needs to be given credit for promoting the Louisiana Purchase to Sir Francis and the American ministers in Paris.

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Fußnoten
1
Parker was clearly Daniel Parker; Livingston could have been either Robert R. Livingston, the American minister to France at the time, or Robert L. Livingston, the son-in-law of the minister, who was engaged in later deals with Parker.
 
2
Deviosse, p. 344, fails to name Parker as the “ami providentiel” who informs Monroe of the $10 million loan that Baring & Hope are prepared to make.
 
3
The classic history of Baring’s role in financing the early national U. S., Ralph Hidy (1949) has no entry for Parker, nor do more recent works by Tearle (2017) and Ziegler (1988). Buist (1974) mentions him in a footnote referring to the work by Fugier (1930), which refers to a deal Parker and Livingston proposed to Talleyrand after the Louisiana Purchase.
 
4
Without the aid of Clara Harrow, head archivist, I could not have uncovered the materials for this chapter.
 
5
In NP1/A9/8, “Paris: Account by Sir Francis Baring of his visit to Paris during the Truce of Amiens.”
 
6
Ver Steeg (1954) refers briefly, but gives more detail in Ver Steeg (1953), highlighting the essential role of Parker. Smith (1984) focuses on the $2300 taken by Parker from the ship before sailing.
 
7
Ver Steeg (1953, pp. 6–7, 12).
 
8
Daniel Parker Letter Book, p. 178.
 
9
American State Papers, Journal of the House of Representatives of the United States, January 1, 1794.
 
10
“Report on the Petition of Daniel Parker, [13 January 1794],” Founders Online, National Archives, https://​founders.​archives.​gov/​documents/​Hamilton/​01-15-02-0459. [Original source: The Papers of Alexander Hamilton, vol. 15, June 1793 – January 1794, ed. Harold C. Syrett. New York: Columbia University Press, 1969, pp. 635–637.] Hamilton noted that all the contractors had become insolvent temporarily, which he knew very well as he had been legal advisor to John B. Church, one of Parker’s creditors (and Hamilton’s brother-in-law).
 
11
“Abigail Adams to Mary Smith Cranch, 4 July 1786,” Founders Online, National Archives, https://​founders.​archives.​gov/​documents/​Adams/​o4-07--2=​0088.
 
12
“To Thomas Jefferson from William Stephens Smith, 26 October 1787,” Founders Online, National Archives, https://​founders.​archives.​gov/​documents/​Jefferson/​01-12-02-0282, and “From John Adams to Thomas Jefferson, 28 October 1787,” Founders Online, National Archives, https://​founders.​archives.​gov/​documents/​Adams/​99-02-02-0259.
 
13
“Letters to Daniel Parker in London, January & March 1790,” by H. Fijnje for Daniel Crommelin & Sons. [Stadsarchief Amsterdam: 654—Inventaris van het Archief van de Firma Daniel Crommelin & Soonen]. Winter (1977), gives more details of Parker’s various arrangements with Crommelin in Chs. 4 and 7, but describes Parker, Duer, and Holker as “all of them adventurous merchants without much financial or moral backbone, in constant straits for money and always ready with another plan.” P. 147. Parker’s reputation is further blackened in a recent article by Cutterham (2018).
 
14
Price, p. 834, mentions Daniel Parker as one of the associates of James Swan who tried to organize a group to pay the American debt to France in exchange for American produce needed by the revolutionary government in 1791.
 
15
Bizardel, pp. 72–77, describes the arrival of 150 Quakers and 30 ships from Nantucket in 1785 and the subsequent acceptance of their privileges, which included pacifism and religious tolerance in addition to exemption from French import duties on their whale oil.
 
16
See for example, Tearle, Merchants of War, and Alberts, The Golden Voyage.
 
17
TNA, HO 42/34, f. 147.
 
18
For 14 months, Spring 1794 to Fall 1795, Joel and Ruth Barlow had supervised supplies to the French Directory from Hamburg, during which time Barlow established his fortune. (Buel, ch. 10, “Commercial Interlude.”)
 
19
Bergeron, p. 86.
 
20
ibid., p. 159.
 
21
Bulletin municipal official de la Ville de Paris, 13 juin 1899, p. 1911.
 
22
Draveil is still listed as a historical monument in France, with the park maintained by the commune of Draveil, but the ground floor of the chateau is now occupied by a nursing home and the stables converted to a movie theater. The magnificent salon, however, is now an exhibit in the Philadelphia Museum of Art, purchased in 1928.
 
23
Issue of Journal du Palais, 1819.
 
24
Two separate issues of the Journal du Palais, 1819 and again in 1823.
 
25
HeinOnline, “Memorial of John Holker for renewal of lost loan office certificates (14-1), 36 American State Papers: Claims 470 (1815).
 
Literatur
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Zurück zum Zitat Cutterham, Tom. 2018. “‘A Very Promising Appearance’: Credit, Honor, and Deception in the Emerging Market for American Debt, 1784–92.” William and Mary Quarterly 75 (4): 623–650. Cutterham, Tom. 2018. “‘A Very Promising Appearance’: Credit, Honor, and Deception in the Emerging Market for American Debt, 1784–92.” William and Mary Quarterly 75 (4): 623–650.
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Zurück zum Zitat Tearle, David. 2017. Merchants of War: Barings Bank and William Bingham, Revolutionary Bankers from the War of Independence to the Louisiana Purchase. Modbury, Devon, UK: The Incorporated History Press. Tearle, David. 2017. Merchants of War: Barings Bank and William Bingham, Revolutionary Bankers from the War of Independence to the Louisiana Purchase. Modbury, Devon, UK: The Incorporated History Press.
Zurück zum Zitat Ver Steeg, Clarence L. 1953. “Financing and Outfitting the First United States Ship to China.” Pacific Historical Review XXII (1): 1–12. Ver Steeg, Clarence L. 1953. “Financing and Outfitting the First United States Ship to China.” Pacific Historical Review XXII (1): 1–12.
Zurück zum Zitat Ver Steeg, Clarence. 1954. Robert Morris: Revolutionary Financier: With an Analysis of His Earlier Career. Philadelphia: University of Pennsylvania Press. Ver Steeg, Clarence. 1954. Robert Morris: Revolutionary Financier: With an Analysis of His Earlier Career. Philadelphia: University of Pennsylvania Press.
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Zurück zum Zitat Winter, Pieter J. van. 1977. American Finance and Dutch Investment, 1790–1815: With an Epilogue to 1840. English Adaptation of the Rev. Version of the Dutch Original ed. Prepared for Publication with the Author’s Assistance by James C. Riley, 2 vols. New York: Arno Press. Winter, Pieter J. van. 1977. American Finance and Dutch Investment, 1790–1815: With an Epilogue to 1840. English Adaptation of the Rev. Version of the Dutch Original ed. Prepared for Publication with the Author’s Assistance by James C. Riley, 2 vols. New York: Arno Press.
Zurück zum Zitat Ziegler, Philip, 1988. The Sixth Great Power: A history of one of the greatest of all banking families, the House of Barings, 1762–1929. New York: Alfred A. Knopf. Ziegler, Philip, 1988. The Sixth Great Power: A history of one of the greatest of all banking families, the House of Barings, 1762–1929. New York: Alfred A. Knopf.
Metadaten
Titel
Daniel Parker, Expatriate Extraordinaire
verfasst von
Larry Neal
Copyright-Jahr
2024
DOI
https://doi.org/10.1007/978-3-031-56277-8_6