Benjamin Franklin loved books he spent most of his time reading Reading was the only delight I allowed myself. I spent no time in hostelries, games, or frolicks of any kind; (Franklin, 1986: Chapter 5) . Also, he was a member of a group of people whom would come together hold club meeting where they read and shared books.
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Franklin felt that it would be much better if the group began an internal library where everyone would pitch in their collection of books. They would lend these books to each other and would have a continuous flow of books for their reading. All the members of the club agreed, and that led them to the opening of a small library at Mr Grace’s where they had been holding their meetings.
Contrary to what they expected the library did not do well. For starters, the books they put together, each member bringing their collection, were not as much as they expected. Also, managing the group was very hectic because there were inconveniences in caring for the books. Therefore, the library was dissolved, and everyone took back their books. However, Franklin considered the idea of having a public library was very beneficial. Consequently, he brought forth the approach to the Junto members and on 1st July 1731 they came up with the terms and conditions for the subscribers.
Also, they contributed the capital which they used to buy new books for the library. They also agreed on an amount that they would contribute on a yearly basis. The library began with a total of 50 subscribers who would invest 40 shillings whereby 10 shillings were purchasing more books thus adding to the library’s collection. The library was being opened once per week whereby subscribers would lend books and return borrowed books. Late returns were fined double the price of the book. The library was very beneficial to the community because they had access to books thus improving their conversations.
Franklin wanted to have a life whereby he would not commit any faults “it was about this time I comprehended the bold and laborious project of reaching to moral perfection.
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