Tracts Relating to the Currency of the Massachusetts Bay 1682 1720
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In our eReader you can find the full English version of the book. Read Tracts Relating to the Currency of the Massachusetts Bay 1682 1720 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 Tracts Relating to the Currency of the Massachusetts Bay 1682 1720
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To quickly assess the difficulty of the text, read a short excerpt:
Or i£ the calhng in of these Bills should he de- ferred heyond the set time, it -will make men douht whether they will ever be call'd in or not, and so their value will sink in proportion to the Jealousie men have about it, which will hkewise be to the Loss of the Possessors of them ; so that it is plainly the Interest of every man in the Province that is not a Borrower, and hath any of these Bills in his keeping, that they should be called in precisely at the time appointed, to redeem the Esta...tes that are laid in Pawn for them. For nothing else but this, when the time is once expired, can make [15] them as good as Mony to those in whose hands they shall be at that time.
There will he more than Threescore Thousand Pounds to pay, and nothing to pay it with ; for the Bills come in for the Interest: How then shall the Principal he Paid ? This is putting men on impossibilities.
This is all a great mistake ; and yet it is a mistake almost every Man I meet with has fallen into, and is concerned about.
What to read after Tracts Relating to the Currency of the Massachusetts Bay 1682 1720?
You can find similar books in the "Read Also" column, or choose other free books by Davis Andrew Mcfarland to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Or i£ the calhng in of these Bills should he de- ferred heyond the set time, it -will make men douht whether they will ever be call'd in or not, and so their value will sink in proportion to the Jealousie men have about it, which will hkewise be to the Loss of the Possessors of them ; so that it is plainly the Interest of every man in the Province that is not a Borrower, and hath any of these Bills in his keeping, that they should be called in precisely at the time appointed, to redeem the Esta...tes that are laid in Pawn for them. For nothing else but this, when the time is once expired, can make [15] them as good as Mony to those in whose hands they shall be at that time.
There will he more than Threescore Thousand Pounds to pay, and nothing to pay it with ; for the Bills come in for the Interest: How then shall the Principal he Paid ? This is putting men on impossibilities.
This is all a great mistake ; and yet it is a mistake almost every Man I meet with has fallen into, and is concerned about.
What to read after Tracts Relating to the Currency of the Massachusetts Bay 1682 1720?
You can find similar books in the "Read Also" column, or choose other free books by Davis Andrew Mcfarland to read onlineMoreLess
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