History of the Early Settlement and Progress of Cumberland County, New Jersey: And of the Currency of this and Adjoining Colonies

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Nixon, 1869 - Money - 142 pages
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Page 18 - Good Order Established in Pennsylvania and New Jersey, in America, being a true account of the country ; with its produce and commodities there made in the year 1685.
Page 125 - The possessor of this bill shall be paid Spanish milled dollars, by the 31st day of December, 1786, with interest, in like money, at the rate of five per cent, per annum, by the state, of . , according to an act of the legislature of the said state, of the day of , 1780.
Page 131 - It remains with us, it will not forsake us, it is always ready and at hand for the purpose of commerce or taxes, and every industrious man can find it.
Page 131 - Nineveh (and for the same reason), yet find mercy, and escape the storm ready to burst upon her, she will find her national debt in a very different situation. Her territory diminished, her people wasted, her commerce ruined, her monopolies gone, she must provide for the discharge of her immense debt by taxes, to be paid in specie, in gold, or silver, perhaps now buried in the mines of Mexico or Peru, or still concealed in the brooks and rivulets of Africa or Hindostan.
Page 5 - Gabriel Thomas, in his history of West Jersey in 1698, gives us the following particulars, viz : " Prince Maurice River is where the Swedes used to kill the geese in great numbers for their feathers (only), leaving their carcasses behind them. Cohansey River, by which they send great store of cedar to Philadelphia city. Great Egg Harbor (up which a ship of two or three hundred tons may sail), which runs by the back part of the country into the main sea ; I call it back, because the first improvements...
Page 125 - This indented bill of ten shillings, due from the Massachusetts Colony to the Possessor, shall be in value equal to money, and shall be accordingly accepted by the Treasurer, and Receivers subordinate to him in all publick payments, and for any stock at any time in the Treasury. Boston in New England December the loth, 1690. By order of the General Court.
Page 127 - I will consent to a Law for emitting any sum in Paper Money that the present Emergency may require, provided Funds are established for sinking the same in Five years. I said "the Act of the Sixth of Queen Anne for ascertaining the Rates of foreign Coins in America was shamefully slighted and disregarded in this Province," and I say so still, notwithstanding any Thing you have urg'd in your Message to the Contrary.
Page 135 - ... instead of a tenth, part of a dollar. Even now, at the end of thirty years, ask a tradesman, or shopkeeper, in any of our cities what is a dime or a mille, and the chances are four in five that he will not understand your question. But go to New York and offer in payment the Spanish coin, the unit of the Spanish piece of eight, and the shop or market-man will take it for a shilling.
Page 21 - Item, I do except against Elizabeth Adams of having any ye leaste part of my estate, unless the Lord open her eyes to see her abominable transgression against him, me and her good father, by giving her true repentance, and forsaking yt Black yt hath been ye ruin of her, and becoming penitent for her sins; upon yt condition only I do will and require my executors to settle five hundred acres of land upon her.
Page 135 - ... and its hundredth a centime. It is now nearly thirty years since our new moneys of account, our coins, and our mint, have been established. The dollar, under its new stamp, has preserved its name and circulation. The cent has become tolerably familiarized to the tongue, wherever it has been made by circulation familiar to the hand. But the dime having been seldom, and the mille never, presented in their material images to the people, have remained so utterly unknown, that now, when the recent...

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