Life After The Revolutionary War
At the end of the Revolutionary War, Bancroft obtained patents giving him the right to import chinkapin (yellow) oak bark into Britain and France. He became wealthy from this trade. In 1794, Bancroft published Experimental Researches Concerning Permanent Colors, a book he updated in 1813. He was elected a Foreign Honorary Member of the American Academy of Arts and Sciences in 1797.
Bancroft's activity as a double agent remained hidden until 1891, when British diplomatic papers were disclosed to the public.
Read more about this topic: Edward Bancroft
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