- Brian Greenberg
Coxe, Tench (22 May 1755–16 July 1824), promoter of American industrial growth and journalist, was born in Philadelphia, Pennsylvania, the son of William Coxe, a landowner and merchant, and Mary Francis. His great-grandfather Daniel Coxe, besides securing the family’s fortune as the principal proprietor of colonial New Jersey, apparently bequeathed to his great-grandson an intense appetite for land speculation. At age six Tench was enrolled in the academy division of the Philadelphia College and Academy (later the University of Pennsylvania), where he appears to have been an indifferent student. In 1772, after attending college for only a brief time (it is not clear what he studied), Coxe opened a small trading business. Four years later he became a partner in his father’s commercial firm, Coxe, Furman, and Coxe. Active in the social world of Philadelphia’s elite, Coxe also became a member in 1775 of the United Company of Philadelphia for Promoting American Manufactures, one of the nation’s earliest joint stock manufacturing companies....