Historical Sketches of the Paper Currency of the American Colonies: Prior to the Adoption of the Federal Constitution ; First Series-[second Series], Volumes 1-2

Front Cover

From inside the book

What people are saying - Write a review

We haven't found any reviews in the usual places.

Other editions - View all

Common terms and phrases

Popular passages

Page 171 - Plantations,' be, and the same is hereby repealed. " And be it further enacted by this General Assembly, and by the authority thereof it is enacted, That...
Page 141 - We should pay an ill compliment to the understanding and honour of every true American were we to adduce many arguments to show the baseness or bad policy of violating our national faith, or omitting to pursue the measures necessary to preserve it. A bankrupt faithless republic would be a novelty in the political world, and appear among reputable nations like a common prostitute among chaste and respectable matrons.
Page 184 - If it saved the State, it has also polluted the equity of our laws ; turned them into engines of oppression and wrong: corrupted the justice of our public administration : destroyed the fortunes of thousands of those who had the most confidence in it ; enervated the trade, husbandry and manufactures of our country, and gone far to destroy the morality of our people.
Page 116 - Hosts,' to engage a gigantic adversary, prepared at all points, boasting of his strength, and of whom even mighty warriors
Page 152 - That the said new bills be receivable In payment of the said monthly quotas, at the same rate as aforesaid of specie; the interest thereon to be computed to the respective states, to the day the payment becomes due. That the respective states be charged with such parts of the Interest on their said bills, as shall be paid by the United States, in bills of exchange; and the accounts thereof shall be adjusted agreeably to the resolution aforesaid, of the 6th of October, 1779. That whenever interest...
Page 140 - It is with great regret and reluctance," say they, " that we can prevail upon ourselves to take the least " notice of a question which involves in it a doubt so injurious to the honour and dignity of America.
Page 99 - United States be called on to pay in their respective quotas of fifteen millions of dollars for the year 1779, and of six millions of dollars annually for eighteen years from and after the year 1779, as a fund for sinking the emissions and loans of the United States to the 31st of December, 1778, inclusive.
Page 167 - And whereas, on the one hand, the associators, animated to this laudable exertion by a desire to relieve the public necessities, mean not to derive from it the least pecuniary advantage; so, on the other, it is just and reasonable, that they should be fully reimbursed and indemnified...
Page 65 - Spanish milled dollars ; that it be recommended to the legislatures of the several States to pass...
Page 134 - The fear of injuring, by any example of mine, the credit of our paper currency, if I attempted to discriminate between the real and nominal value of paper money, has already sunk for me a large sum, if the bonds before mentioned are paid off; the advantage taken in doing which no man of honor or common honesty can reconcile to his own feelings or conscience, not as respects me, do I mean, but transaction* of their kind generally.

Bibliographic information