"James Swan was a colorful personality based in Boston in the 18th and 19th century. He was a member of the Sons of Liberty and participated in the Boston Tea Party. Swan was twice wounded at the Battle of Bunker Hill, he next became secretary of the Massachusetts Board of War and the legislature. During the time he held that office, he drew heavily on his private funds to aid the Continental Army, which was then in dire need of funds to arm and equip the soldiers who were arriving in Boston from all parts of New England. After the American Revolution Swan privately assumed the entire United States French debts at a slightly higher interest rate. Swan then resold these debts at a profit on domestic U.S. markets. The United States no longer owed money to foreign governments, although it continued to owe money to private investors both in the United States and in Europe. This allowed the young United States to place itself on a sound financial footing. On principles of loyalty, he spent 22 years, more than a quarter of his life in a Paris prison."
He had many business dealings, one of which was his 1786 purchase of the Burnt Coat Island group in Maine. The largest Island in the group, Swans Island, bears his name today. (Small's History of Swan's Island has an extensive biography)
Obit: Birth: ABT 1754 in Fifeshire, Scotland Event: Hepsibah Clark Spouse or Family Member Military Service: Officer who was a member of the Sons of Liberty, St. Andrew's Lodge of Freemason and the Scots Charitable Society of Boston Event: Boston Tea Party, MA (Dec. 16, 1773) Battle or Event Death: ABT 18 MAR 1831 in Paris, France Served in the Massachusetts Legislature & Board of War Commentary Worked as a clerk in shops and counting houses Society of the Cincinnati. [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15][16]
See also:
Boston Tea Party Participant Biographies (Original Online Database: AmericanAncestors.org, New England Historic Genealogical Society, 2023. James Swan
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