Genesis 47:14

14 Joseph collected all the money that was to be found in Egypt and Canaan to pay for the distribution of food. He banked the money in Pharaoh's palace.

Genesis 47:14 Meaning and Commentary

Genesis 47:14

And Joseph gathered up all the money
Not that he went about to collect it, or employed men to do it, but he gathered it, being brought to him for corn as follows: even all that was found in the land of Egypt, and in the land of Canaan, for
the corn which they bought:
by which means those countries became as bare of money as of provisions: and Joseph brought the money into Pharaoh's house:
into his repository, as the Targum of Jonathan, into his treasury, not into his own house or coffers, in which he acted the faithful part to Pharaoh; for it was with his money he bought the corn, built storehouses, kept men to look after them to sell the corn; wherefore the money arising from thence belonged to him; nor did he do any injury to the people: they sold their corn in the time of plenty freely; he gave them a price for it, it then bore, and he sold it out again to them, at a price according to the season; nor was it ever complained of, that it was an exorbitant one; it was highly just and necessary it should be at a greater price than when it was bought in, considering the great expense in the collection, preservation, and distribution of it: it must be a vast sum of money he amassed together, and Dr. Hammond F5 thinks it probable that this Pharaoh, who, by Joseph's advice, got all this wealth, is the same with Remphis, of whom Diodorus Siculus F6 says, that he spent his time in minding the taxes and heaping up riches from all quarters, and left more behind him than any of the kings that reigned before, even in silver and gold four million talents, the same that Herodotus F7 calls Rhampsinitus, who, he says, had the greatest quantity of money of any of the kings of Egypt.


FOOTNOTES:

F5 Annotat. on Acts vii. 43.
F6 Bibliothec. l. 1. p. 56.
F7 Euterpe, sive, l. 2. c. 121.

Genesis 47:14 In-Context

12 Joseph took good care of them - his father and brothers and all his father's family, right down to the smallest baby. He made sure they had plenty of everything.
13 The time eventually came when there was no food anywhere. The famine was very bad. Egypt and Canaan alike were devastated by the famine.
14 Joseph collected all the money that was to be found in Egypt and Canaan to pay for the distribution of food. He banked the money in Pharaoh's palace.
15 When the money from Egypt and Canaan had run out, the Egyptians came to Joseph. "Food! Give us food! Are you going to watch us die right in front of you? The money is all gone."
16 Joseph said, "Bring your livestock. I'll trade you food for livestock since your money's run out."
Published by permission. Originally published by NavPress in English as THE MESSAGE: The Bible in Contemporary Language copyright 2002 by Eugene Peterson. All rights reserved.