William Duer (Continental congressman)
American Founding Father and politician (1743–1799) / From Wikipedia, the free encyclopedia
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William Duer (March 18, 1743 – May 7, 1799)[1] was a British-born American jurist, developer, and financial speculator from New York City. A Federalist, Duer wrote in support of ratifying the United States Constitution as "Philo-Publius". He had earlier served in the Continental Congress and the convention that framed the New York Constitution. In 1778, Duer signed the United States Articles of Confederation and is one of the Founding Fathers of the United States.
William Duer | |
---|---|
1st Assistant Secretary of the Treasury | |
In office 1789–1792 | |
Member of the Continental Congress | |
In office 1778–1779 | |
Preceded by | Inaugural holder |
Succeeded by | Ebenezer Russell |
Member of the New York State Senate for the Eastern District | |
In office September 9, 1777 – June 30, 1778 | |
Member of the Provincial Congress | |
In office 1775–1775 | |
Personal details | |
Born | March 18, 1743 Devon, Great Britain |
Died | May 7, 1799(1799-05-07) (aged 56) New York City, U.S. |
Political party | Federalist |
Spouse |
Catherine Alexander (m. 1779) |
Relations | William Duer (grandson) |
Children | 8, including William, John |
Parent(s) | John Duer Frances Frye |
Education | Eton College |
Duer owned 10 slaves.[2]
Duer spent most of his life as a financial speculator. In 1792, following his involvement in one of the nation's first financial panics, Duer went bankrupt and was confined to debtors' prison, where he died seven years later.[3]