Nathaniel Gorham - 8th President of the United States in Congress
Assembled Stanley L. Klos - President Who? Forgotten Founders.
Chapter Fifteen

by: Stanley L. Klos Published by ROI.us Corporation

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Nathaniel Gorham
8th President of the United States
in Congress Assembled
June 1786 - November 13, 1786
For several years
after his presidency, Gorham was judge of Middlesex County's court of common
pleas. Most notably he was elected to represent Massachusetts in the
Philadelphia Convention that framed the National Constitution. When the
convention was sitting as committee of the whole, he was called by George
Washington to preside, and filled the chair for three of the four months. As
chairman, he spoke often, wielded much influence and served on the Committee of
Detail. Major William Pierce the constitutional delegate from Georgia noted of
Gorham in 1787 :
Mr. Gorham is a
Merchant in Boston, high in reputation, and much in the esteem of his
Country-men. He is a Man of very good sense, but not much improved in his
education. He is eloquent and easy in public debate, but has nothing
fashionable or elegant in his style; all he aims at is to convince, and where
he fails it never is from his auditory not understanding him, for no Man is more
perspicuous and full. He has been President of Congress, and three years a
Member of that Body. Mr. Gorham is about 46 years of age, rather lusty, and has
an agreeable and pleasing manner.
In the final hours of
the Constitution’s preparation for vote, Nathaniel Gorham suggested the ratio of
representation in the Lower House of Congress could amend from one for every
forty-thousand inhabitants to one for every thirty-thousand. Gorham's proposal
was unanimously passed:
It was moved to
reconsider the clause declaring that "the number of representatives shall not
exceed one for every forty thousand," in order to strike out "forty thousand,"
and insert "thirty thousand;" which passed in the affirmative.
On the question to
agree to the Constitution, enrolled in order to be signed,--all the states
answered, "Ay."
On the question to
agree to the above form of signing, it passed in the affirmative. Yeas: New
Hampshire, Massachusetts, Connecticut, New Jersey, Pennsylvania, Delaware,
Maryland, Virginia, North Carolina, Georgia, 10. Divided: South Carolina, 1.
Nathaniel Gorham
afterward exerted a powerful influence in securing the ratification of the new
Federal Constitution in the Massachusetts State Convention. Ratification was won
only when Gorham and other Federalists proposed possible amendments to the
Constitution to attract the moderates who held the deciding votes.
Unfortunately, former President Gorham did not serve in the new government he
helped to create deciding, instead, to engage in entrepreneurial pursuits.
In connection with
Oliver Phelps, Gorham purchased from the State of Massachusetts, in 1786, an
immense tract of land on the Genesee River, for the sum of $1,000,000 secured by
a large mortgage. This had been previously ceded to Massachusetts from the State
of New York. They soon "extinguished" the Native American title to a part of
this territory, surveyed it into tracts, laid out townships, and sold large
parts to speculators and settlers.
In 1788 and 1789
Massachusetts scrip rose dramatically in value, enormously swelling the
mortgaged portion of the vast tract. In 1790, being unable to fulfill their
contract in full to Massachusetts, Phelps and Gorham compromised and surrendered
that portion of the land, which remained under the Native American title. Gorham
never recovered from the insolvency and like Robert Morris in Philadelphia, he
fell from a pinnacle of society and lost his political esteem. At the age of 58
on the 11th of June, 1796 he died a financially broken man and was buried at the
Phipps Street Cemetery in Charlestown, MA.
Chapter
Fifteen Click Here

Click
Here to Purchase Nathaniel Gorham Coin
© Stanley L. Klos has a worldwide
copyright on the artwork in this coin.
The artwork is not to be copied by anyone by any means
without first receiving permission from Stanley
L. Klos.
Presidential $1 Coin Controversy - --
Click Here
Forgotten Founders vs. U.S. Treasury Secretary Henry Paulson
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