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James Greenleaf

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James Greenleaf

James Greenleaf (June 9, 1765 – September 17, 1843) was a late 18th and early 19th century American land speculator responsible for the development of Washington, D.C., after the city was designated as the nation's capital following passage of the Residence Act in 1790. A member of a prominent and wealthy Boston family, he married a Dutch noblewoman, who he later abandoned and then divorced, and served briefly as consul at the United States embassy in Amsterdam.

After his return to the United States, Greenleaf engaged in land speculation in Washington, D.C., New York state, and other areas. His land business collapsed in 1797, and he spent a year in debtor's prison. He married a wealthy Pennsylvania heiress after his release, and spent the remainder of his life in genteel poverty, fending off lawsuits.

Greenleaf was born on June 9, 1765, in Boston, Massachusetts to William and Mary (Brown) Greenleaf. He was the 12th of 15 children. His father William Greenleaf was a merchant who was appointed Sheriff of Suffolk County, Massachusetts during the American Revolutionary War.

Greenleaf was a member of the committee of correspondence, which communicated secretly with other cities regarding British policy and military actions and was a core base of support for the American Revolution. In July 1776, following the signing of the Declaration of Independence, Greenleaf announced American independence from the balcony of the Old State House in Boston. Among the crowd assembled for the announcement in Boston were John Quincy Adams and William Cranch. Adams was later elected President of the United States; Cranch was appointed as Chief Justice of the U.S. Circuit Court for the District of Columbia and the second Reporter of Decisions of the U.S. Supreme Court. The Greenleafs were Huguenots who fled France for England, seeking to escape religious persecution. They anglicized their family name of Feuillevert to Greenleaf. Greenleaf's great-grandfather Edmund was born in 1574, in Ipswich in Suffolk, England. His great-grandfather Stephen was born there in 1628. The entire family emigrated to Newbury, Massachusetts in 1635.

The Greenleaf family was among the best connected in early American history. Greenleaf's sister Rebecca married Noah Webster, who compiled the first American dictionary. Another of his sisters married Nathaniel Appleton, the minister and trustee of Harvard University. His sister Margaret married Thomas Dawes, a member of the Massachusetts Governor's Council, and his sister Abigail married William Cranch. The family's descendants also played a large role in American literature. The poet John Greenleaf Whittier was descended from James' great-grandfather Stephen. The 20th century poet T. S. Eliot was a descendant of Abigail Greenleaf Cranch. However, little is known about Greenleaf's early life or education. In 1781, when he was 16, his father retired from business and the Greenleaf family moved to New Bedford, Massachusetts.

In 1788, Greenleaf left Massachusetts and moved to Philadelphia, where Noah Webster introduced him to businessman James Watson. The two men established an import business, Watson & Greenleaf, with offices in Philadelphia and New York City.

After his business was incorporated, Greenleaf traveled to the Netherlands in the mid to late 1780s, where he tried to sell American bonds. According to John Quincy Adams, who was in Amsterdam at the same time, Greenleaf rented a magnificent mansion and immediately began circulating in high society in the city. Greenleaf was in Amsterdam from January 31, 1789, through August 1793, where he conducted business with Daniel Crommelin & Sons, a major Dutch investment banking house marketing American bonds. He sold nearly two million bonds during this time and $160,000 worth of stock in the Bank of the United States, a central bank established by the U.S. federal government. He amassed a fortune worth $1 million, a very large sum at the time.

Greenleaf arrived in Washington, D.C., on September 17, 1793 and was present at the laying of the cornerstone of the United States Capitol the following day, on September 18, 1793 at which time Greenleaf met President George Washington.

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