|Died||November 10, 1778
Rocky Hill, Connecticut, Hartford County, Connecticut
|Criminal charge||espionage and counterfeiting|
|Motive||Colonial loyalist who served in British war effort|
|Conviction(s)||military death sentence|
David Farnsworth was a Colonial-era American Loyalist. He was a British agent during the American Revolutionary War. George Washington had him hanged for his involvement in a plot to destroy the American economy by placing counterfeit money into circulation.
The use of counterfeit money has been used as a strategy in warfare for centuries. The idea is to flood the enemy's economy with fake money, thus devaluing the real money and causing an economic collapse, rendering the enemy unable to fund their side of the war. During the American Revolutionary War, the Continental Congress decided to create a new Continental currency to fund the war. Among the people enlisted to print this new currency was Paul Revere.
To counter this, Great Britain enlisted teams of counterfeiters to travel throughout the American Colonies, placing their counterfeits into circulation in the hopes that it would cause an economic disaster. These counterfeiters were known as "shovers," presumably for their ability to "shove" the fake money into everyday use.
David Farnsworth and his partner John Blair were among the best-known of these counterfeiters, having been caught with over $10,000 in fake Continental dollars in their possession.
On October 8, 1778 in a court-martial held in Danbury by order of General Horatio Gates and Brigadier General John Paterson, Farnsworth and Blair were tried for, and convicted of, "being found about the Encampment of the Armies of The United-States as Spies and having a large sum of counterfeit Money about them which they brought from New-York". The sentence of execution was proscribed by a two-thirds vote. On October 23 in Fredericksburg, Virginia, Commander in Chief George Washington approved of the sentence and ordered their immediate execution upon their arrival at General Gates' division. Farnsworth and Blair were executed in Rocky Hill, Connecticut in Hartford County, Connecticut on November 3, 1778.
In popular culture
In fiction, Farnsworth appeared in the Futurama episode "All The Presidents' Heads" as the ancestor of Professor Hubert Farnsworth. As in history, he was presented as a counterfeiter and British agent.
- Counterfeiting In America: The History of an American Way to Wealth, By Lynn Glaser. pp. 41–44.
- Saunderson, Rev. Henry H. History of Charlestown, NH - Fort No. 4, 1876, page 358
- "Counterfeit Notes of War".
- "Revolutionary War, Paul Revere history Project".
- Stealing Lincoln's Body, By Thomas J. Craughwell. p. 35.
- Counterfeiting In Colonial America, By Kenneth Scott. p. 258.
- General Orders, 23 October 1778. Founders Online National Archives http://founders.archives.gov/documents/Washington/03-17-02-0549. Accessed May 20, 2016.