Historical Sketches of the Paper Currency of the American Colonies, Prior to the Adoption of the Federal Constitution 1-2
Historical Sketches of the Paper Currency of the American Colonies, Prior to the Adoption of the Federal Constitution 1-2
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The same discretion as to details as in the former act was left to the treasurer, with the single exception that three persons were specially appointed to sign and number the bills, whose time of redemption was fixed for the last day of June, 1760, 1 F«iinB]rlT*Bi* Cfpatributfrd £6000 M. CuaJibtt •• 8000 8. CaroliQft •' fin 4 &«. Sf^f.
MujUnd '• eO^ — Sirgenta' Braddoek SxpediHan.
VrKGiNiA Paper MoNEr.
Doubtless, the addition of sixty thousand pounds in six months to the circulating medvuiu of ...the eolouy must have quickly been attended with apparent good results: this appears from a letter of Governor Diuwiddie to the Earl of Hulil'aSf dated November, 1T55, wlierein he says: ** Our assembly met on the 29th ult. They fell into cabala^ and wanted to emit twenty thousand pounds for a loan office to be discharged in eight yeara., which I thought to be contrary to act of parliament and to my instructions.
ladjournt'd them." ' Tbia method, copied probably after the example of their royal masters in England, with refrac- tory parliaments, was one of the simple, easy and expedi- tious remedies made use of to convinee the inhabitants of the variouis colonies of the inexpediency and impropriety of their demands ; but, unfortunately for the goverivora, and eren for the crown itself, not always the most efficacious plan.
What to read after Historical Sketches of the Paper Currency of the American Colonies, Prior to the Adoption of the Federal Constitution 1-2?
You can find similar books in the "Read Also" column, or choose other free books by Henry Phillips to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The same discretion as to details as in the former act was left to the treasurer, with the single exception that three persons were specially appointed to sign and number the bills, whose time of redemption was fixed for the last day of June, 1760, 1 F«iinB]rlT*Bi* Cfpatributfrd £6000 M. CuaJibtt •• 8000 8. CaroliQft •' fin 4 &«. Sf^f.
MujUnd '• eO^ — Sirgenta' Braddoek SxpediHan.
VrKGiNiA Paper MoNEr.
Doubtless, the addition of sixty thousand pounds in six months to the circulating medvuiu of ...the eolouy must have quickly been attended with apparent good results: this appears from a letter of Governor Diuwiddie to the Earl of Hulil'aSf dated November, 1T55, wlierein he says: ** Our assembly met on the 29th ult. They fell into cabala^ and wanted to emit twenty thousand pounds for a loan office to be discharged in eight yeara., which I thought to be contrary to act of parliament and to my instructions.
ladjournt'd them." ' Tbia method, copied probably after the example of their royal masters in England, with refrac- tory parliaments, was one of the simple, easy and expedi- tious remedies made use of to convinee the inhabitants of the variouis colonies of the inexpediency and impropriety of their demands ; but, unfortunately for the goverivora, and eren for the crown itself, not always the most efficacious plan.
What to read after Historical Sketches of the Paper Currency of the American Colonies, Prior to the Adoption of the Federal Constitution 1-2?
You can find similar books in the "Read Also" column, or choose other free books by Henry Phillips to read onlineMoreLess
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