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Colonial Currency Reprints, 1682-1751; With an Introduction and Notes Volume 4

Colonial Currency Reprints, 1682-1751; With an Introduction and Notes Volume 4


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Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: NOTE TO A LETTER FROM A COUNTRY GENTLEMAN AT BOSTON, Etc. The author of this pamphlet poses in the character of an envoy from the country appointed by certain of his friends and neighbors to visit Boston and there consult with the committee having in charge the Land Bank scheme. This Bank was in process of organization for the alleged purpose of supplying the province with a suitable and adequate medium of commerce. Under guise of a report made by an investigator free from Prejudice and Affection, this appeal of the Land Bank for support from the people of the agricultural districts was calculated to have more weight and greater influence than any directly avowed arguments of the committee itself would have had, provided the disguise of the performance were not penetrated by the readers of the pamphlet The arguments in favor of the scheme do not purport to be furnished by the writer of the pamphlet. On the contrary his ingenious assumption of the character of an envoy permits him to repeat the various statements which had from time to time been put forth by the advocates of the Land Bank, and to re-enforce them by his approval. The schemes of those opposed to the Land Bank are sneeringly rejected without discussion. Great stress is laid upon the deplorable situation of the currency question in the province. Owing to the withdrawal of the Massachusetts bills of public credit, traders were compelled to make use of something else. Barter, silver, and the bills of other governments were at command to relieve the situation. The easiest solution of the difficulty was to make use of the bills of the other New England governments, and practically that was the solution accepted by the public. The scandal of the shop notes referred to in the pamphlet was undoubtedly one of ...


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Product Details
  • ISBN-13: 9780217194679
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 136
  • Spine Width: 7 mm
  • Width: 189 mm
  • ISBN-10: 0217194672
  • Publisher Date: 09 Jul 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 254 gr


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Colonial Currency Reprints, 1682-1751; With an Introduction and Notes Volume 4
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