ment, he sought to reform the city police. He then formed the Union Fire Company in 1736. He helped to organize fire companies into the "Philadelphia Contibutionship", which is deemed the first insurance company in America. He set up premiums and payments as president of the company.Shortly after Franklin became clerk of the Pennsylvania Assembly, he persuaded it to pass the first militia law in Pennsylvania's history, allocate money for defense and appoint officers to conduct full scale war. Franklin founded the Academy for the Education of Youth, which later became the University of Pennsylvania. The university's athletic field is named in Franklin's honor. He also founded a city hospital, the Pennsylvania Hospital, in 1751.Franklin left five thousand dollars each to Boston and Philadelphia before he died. The money was to be used for public works, part after one hundred years and the rest after two hundred years. The money was used to establish the Franklin Technical Institute in Boston and the Franklin Institute in Philadelphia.Therefore, Benjamin Franklin's influence on the American way of life is still felt today. His great mind enabled him to produce many long lasting achievements which contributed to the development and refinement of modern technology....
