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    1. Re: [POSEY-L] George Washington & Posey
    2. Dear Posey Researchers, I have my doubts about this relationship. History paints a bad picture of Posey, but George Washington benefited greatly from Posey's demise. The whole southern end of Mount Vernon on the Potomac was originally Posey's property("Dogue Run"), although the Washington family had originally owned it. Posey bought it from Charles Washington I think. At any rate, Old George was determined to get that property back. He kept lending Posey money long after everyone else knew that Posey was getting deeper and deeper into debt and had stopped lending to him. History has painted it as George's benevolence with his old friend, but I have my suspicions. George Washington didn't become the largest land holder in North America by 1799 by being a total "good guy". And BTW, lots of people were in Posey's positions during those years just before and just after the revolution. There were economic hardships and lots of what we call "recession" and "depression". Lots of landholders lost their shirts and their lands and ended up in debt and debtors prison, which was really easy to do in those times. So Old George let Posey get into him so deep for money that the only solution, short of jail, was to sell his land at auction (way below the "market price") and then guess who snapped it up for a song? None other than old George Washington. Very interesting history. I have some articles on it. If you remind me at regular intervals, I'll send....have to be a few weeks or months from now. best, Charlotte Rigg Nugent

    10/28/2000 01:52:45