WILLIAM PENN was a dreamer. He also had the king over a barrel. Charles II owed his father a huge debt. To repay the Penns, William was awarded an enormous tract of land in the New World. Immediately he saw possibilities. People of his faith, the Quakers, had suffered serious persecution in England. With some good advertising, he might be able to establish a religious refuge. He might even be able to turn a profit. Slowly, the wheels began to spin. In, 1681, his dream became a reality.