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Franklin proposed that the executive, whether singular or plural, receive no compensation beyond expenses. “There are two passions which have a powerful influence on the affairs of men,” he asserted. “These are ambition and avarice: the love of power, and the love of money. Separately, each of these has great force in prompting men to action; but when united in view of the same object, they have in many minds the most violent effects. Place before the eyes of such men a post of honour that shall at the same time be a place of profit, and they will move heaven and earth to obtain it.”
The First American: The Life and Times of Benjamin Franklin
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