When a weary rider galloped into Philadelphia with word of Cornwalli’s surrender at Yorktown two hundred years ago this month, the Continental Congress was so strapped for funds that each member had to put up dollar from his own pocket to pay the messenger’s expenses.
The news he brought would have been cheap at any price. The American victory, wrote an exultant James Madison, would surely “cool the phrenzy and relax the pride of Britain.” It did just that, though a final peace and official independence were still two years away. (In this issue we tell of the near-miraculous combination of circumstances that made the American triumph possible.)