Timothy Dexter Known As Lord Timothy Dexter of Newburyport Mass An Inquiry
Timothy Dexter Known As Lord Timothy Dexter of Newburyport Mass An Inquiry
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In our eReader you can find the full English version of the book. Read Timothy Dexter Known As Lord Timothy Dexter of Newburyport Mass An Inquiry Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Timothy Dexter Known As Lord Timothy Dexter of Newburyport Mass An Inquiry
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He says he had nine tons of silver on hand, which would be worth in round numbers $300, 000, a sum which he never could have com- manded, as will be shown farther on. It was just after the com- mencement of our government, when hard money was scarce, and most of it foreign, as we had coined but little before the day of safe- ty vaults, and banks were few. If one had had such a large amount of coin, where could he safely have deposited it? Who ever dared to keep such an amount in a private house...?
His next most noted speculation was in sending 42, 000 warming- pans to the West Indies. No hard-ware was made in this country until a little more than half a century ago, and all the warming- pans in use came from Great Britain. The amount named would have cost about Slot), 000, to be paid for in hard money, as bills of exchange were then but little used. Such an importation and ex- portation would have required months of time, and would have made a sensation indeed, for, though common, a large part of the families had none, and they are now rare as old curiosities.
What to read after Timothy Dexter Known As Lord Timothy Dexter of Newburyport Mass An Inquiry?
You can find similar books in the "Read Also" column, or choose other free books by William Cleaves Todd to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
He says he had nine tons of silver on hand, which would be worth in round numbers $300, 000, a sum which he never could have com- manded, as will be shown farther on. It was just after the com- mencement of our government, when hard money was scarce, and most of it foreign, as we had coined but little before the day of safe- ty vaults, and banks were few. If one had had such a large amount of coin, where could he safely have deposited it? Who ever dared to keep such an amount in a private house...?
His next most noted speculation was in sending 42, 000 warming- pans to the West Indies. No hard-ware was made in this country until a little more than half a century ago, and all the warming- pans in use came from Great Britain. The amount named would have cost about Slot), 000, to be paid for in hard money, as bills of exchange were then but little used. Such an importation and ex- portation would have required months of time, and would have made a sensation indeed, for, though common, a large part of the families had none, and they are now rare as old curiosities.
What to read after Timothy Dexter Known As Lord Timothy Dexter of Newburyport Mass An Inquiry?
You can find similar books in the "Read Also" column, or choose other free books by William Cleaves Todd to read onlineMoreLess
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