Andrew Barrett Book Review: Benjamin Franklin by Carl Van Doren , Amazon subtitle: ‘A life less ordinary’ 4/5
1991 Penguin Books reissue of 1 st edition (1938), 862 pages (of which 782 pages form the main body of the book).
I read this book because of Charlie Munger (Warren Buffett’s partner). Benjamin Franklin is the man Charlie Munger admires and has attempted to emulate most. Franklin’s autobiography was one of the twenty books Munger recommended at the back of the second edition of Poor Charlie’s Almanack (the most useful book I have read). After reading Franklin’s autobiography I was very interested to learn more about him - which I’m sure was Munger’s intention. Thus I was led to this biography (one of two on Franklin that Munger has recommended), which won the Pulitzer Prize in 1939. I chose to read Van Doren’s before Walter Issacson’s newer ‘Benjamin Franklin: An American Life,’ as I liked the idea of being able to see what new material might have been discovered since 1938.
With each of the large biographies I have read over the last year, I have found it has taken quite a lot of reading before I really got into the book. This one was no different. It was only when I was about half way through, reading about Franklin’s activities dealing with the appalling British government/monarchy in the run up to the American War of Independence, that I found myself gripped. That may have something to do with me having already read Franklin’s autobiography, which was the main source for the early part of Van Doren’s book (as the author said: ‘Plenty of other men could find materials for the story of his latest years. Only he had known about his obscure youth…’).
I suspect another significant reason was that up until roughly that point there was very little information on what Franklin was actually like and how he spent his days (as opposed to things he had done or places he had been). Without this information I find it difficult to mentally associate or connect with the subject. This is one of the two key areas of weakness I identified in Van Doren’s otherwise admirable book and is also the reason why I preferred Ron Chernow’s biography of Rockefeller, Titan (reviewed here: http://www.gurufocus.com/news.php?id=12206) to Joseph Frazier Wall’s biography of Andrew Carnegie (reviewed here: http://www.gurufocus.com/news.php?id=14509). From about halfway through Van Doren’s book we do get very interesting snippets, from Franklin himself and also from other people, about what Franklin was actually like (on pages 405, 419, 521, 600 & 649/650, in particular). I wish there was more, but perhaps the material was simply unavailable.
The second weakness was in the account of Franklin’s finances. Franklin became quite wealthy through his printing activities before he left business and went to Britain. At sixty years of age, after many years of easy living and generosity, he found himself with money worries. His most important business partnership ended in 1766, depriving Franklin of a significant proportion of his income. He was also concerned that he might lose his position at the post office around the same time. Though this did not happen and he was actually appointed as agent to three further states, I was rather surprised that Franklin left a significant financial legacy when he was close to being hard up a little over twenty years before his death.
He did not appear to live frugally for the latter part of his life and so I am not sure where the funds came from. I would much have preferred it if this apparent paradox had been resolved. It seems of particular importance here, as Franklin was a man who preached the gospel of frugality, but also said: ‘frugality was “a virtue I never could acquire in myself.”’
I suspect that Van Doren was correct when he said of Franklin: ‘That he talked about them [industry and frugality] so much made it clear that they came less from his nature than from his discipline.’ So, after frugality had served its purpose he perhaps left it behind (though long held habits almost always leave a residue).
With those caveats, Van Doren’s biography of Franklin is an impressive piece of work. I am not surprised that ‘The final writing of the book called for almost daily use of the New York Public Library over a period of two years.’ And that ‘This book, full as it is, is a biography cut with hard labour to the bone.’ The difficulty (as well as the interest) in writing a biography of a truly extraordinary man like Franklin was that he was extraordinary in many different areas. He was a successful businessman, an absolutely pre-eminent scientist and philosopher, as well as a remarkable and successful statesman (and that in a place and era when rank by birth was of paramount importance).
I am not paid for them and so write these book reviews primarily for myself. I thus like to include the most important things I have learned and that I wish to retain and include into my life and conduct. In this case – because of the subject – there are far too many to include here. And that is surely the reason why Franklin is Munger’s biggest hero: he was not only successful but he was also wise, generous and benevolent with it. Unlike Rockefeller, for example, he seemed to really enjoy his life. And unlike Carnegie, who appeared to fail Solon’s warning (I might rather call it Taleb’s warning, as that is where I learned it) to Croesus to call no man happy until he is dead.
I do not wish to be happy because I have a distorted view of reality, but because I have seen the world as it is and can accept it. Franklin’s life is thus a message of hope: he saw the world with exceptional clarity and was able to love it anyway.
1991 Penguin Books reissue of 1 st edition (1938), 862 pages (of which 782 pages form the main body of the book).
I read this book because of Charlie Munger (Warren Buffett’s partner). Benjamin Franklin is the man Charlie Munger admires and has attempted to emulate most. Franklin’s autobiography was one of the twenty books Munger recommended at the back of the second edition of Poor Charlie’s Almanack (the most useful book I have read). After reading Franklin’s autobiography I was very interested to learn more about him - which I’m sure was Munger’s intention. Thus I was led to this biography (one of two on Franklin that Munger has recommended), which won the Pulitzer Prize in 1939. I chose to read Van Doren’s before Walter Issacson’s newer ‘Benjamin Franklin: An American Life,’ as I liked the idea of being able to see what new material might have been discovered since 1938.
With each of the large biographies I have read over the last year, I have found it has taken quite a lot of reading before I really got into the book. This one was no different. It was only when I was about half way through, reading about Franklin’s activities dealing with the appalling British government/monarchy in the run up to the American War of Independence, that I found myself gripped. That may have something to do with me having already read Franklin’s autobiography, which was the main source for the early part of Van Doren’s book (as the author said: ‘Plenty of other men could find materials for the story of his latest years. Only he had known about his obscure youth…’).
I suspect another significant reason was that up until roughly that point there was very little information on what Franklin was actually like and how he spent his days (as opposed to things he had done or places he had been). Without this information I find it difficult to mentally associate or connect with the subject. This is one of the two key areas of weakness I identified in Van Doren’s otherwise admirable book and is also the reason why I preferred Ron Chernow’s biography of Rockefeller, Titan (reviewed here: http://www.gurufocus.com/news.php?id=12206) to Joseph Frazier Wall’s biography of Andrew Carnegie (reviewed here: http://www.gurufocus.com/news.php?id=14509). From about halfway through Van Doren’s book we do get very interesting snippets, from Franklin himself and also from other people, about what Franklin was actually like (on pages 405, 419, 521, 600 & 649/650, in particular). I wish there was more, but perhaps the material was simply unavailable.
The second weakness was in the account of Franklin’s finances. Franklin became quite wealthy through his printing activities before he left business and went to Britain. At sixty years of age, after many years of easy living and generosity, he found himself with money worries. His most important business partnership ended in 1766, depriving Franklin of a significant proportion of his income. He was also concerned that he might lose his position at the post office around the same time. Though this did not happen and he was actually appointed as agent to three further states, I was rather surprised that Franklin left a significant financial legacy when he was close to being hard up a little over twenty years before his death.
He did not appear to live frugally for the latter part of his life and so I am not sure where the funds came from. I would much have preferred it if this apparent paradox had been resolved. It seems of particular importance here, as Franklin was a man who preached the gospel of frugality, but also said: ‘frugality was “a virtue I never could acquire in myself.”’
I suspect that Van Doren was correct when he said of Franklin: ‘That he talked about them [industry and frugality] so much made it clear that they came less from his nature than from his discipline.’ So, after frugality had served its purpose he perhaps left it behind (though long held habits almost always leave a residue).
With those caveats, Van Doren’s biography of Franklin is an impressive piece of work. I am not surprised that ‘The final writing of the book called for almost daily use of the New York Public Library over a period of two years.’ And that ‘This book, full as it is, is a biography cut with hard labour to the bone.’ The difficulty (as well as the interest) in writing a biography of a truly extraordinary man like Franklin was that he was extraordinary in many different areas. He was a successful businessman, an absolutely pre-eminent scientist and philosopher, as well as a remarkable and successful statesman (and that in a place and era when rank by birth was of paramount importance).
I am not paid for them and so write these book reviews primarily for myself. I thus like to include the most important things I have learned and that I wish to retain and include into my life and conduct. In this case – because of the subject – there are far too many to include here. And that is surely the reason why Franklin is Munger’s biggest hero: he was not only successful but he was also wise, generous and benevolent with it. Unlike Rockefeller, for example, he seemed to really enjoy his life. And unlike Carnegie, who appeared to fail Solon’s warning (I might rather call it Taleb’s warning, as that is where I learned it) to Croesus to call no man happy until he is dead.
I do not wish to be happy because I have a distorted view of reality, but because I have seen the world as it is and can accept it. Franklin’s life is thus a message of hope: he saw the world with exceptional clarity and was able to love it anyway.
