Paper-Money

In all Sovereignties in Europe where Paper-Money was introduced, great Inconveniencies happened; upon canceling this Paper Medium all those Inconveniencies did vanish.

A Discourse Concerning the Currencies of the British Plantations in America 1740

Our Paper-Money being only passable amongst our selves, is the Reason, why, they who deal only in buying and selling a Shore, get the most Money; all their Profits are upon our selves, and run no Risque of Precarious Returns; while the generous Merchant looses upon his Exports to a foreign Market.

A Discourse Concerning the Currencies of the British Plantations in America 1740

The Fallacy of Quantities of Paper-Money, has increased our superfluous Imports, much beyond what was in former Times.

A Discourse Concerning the Currencies of the British Plantations in America 1740

As Paper-Money grows scarce, Imports will be less, and be sold cheaper; no Country can want a true real Medium of Trade, while their Exports exceed their Imports: Let us then lessen our Imports by our Frugality, and add to our Exports by our Industry; and we shall have no occasion for this chimerical ill founded Medium, Paper Money.

A Discourse Concerning the Currencies of the British Plantations in America 1740

Before Paper-Money took Place in New England, Silver abounded in Currency as much and perhaps more, than in many of our Colonies: Our Exports are always in Demand, viz. Ship-building, all Branches of Fishery, Naval-Stores to Great Britain, Logwood from the Bay of Honduras, Lumber, Stock, and other Provisions to the other Colonies; and (Bermudians excepted) our Navigation is the cheapest of all Carriers.

A Discourse Concerning the Currencies of the British Plantations in America 1740

As Paper-Money grows scarce, Imports will be less, and be sold cheaper; no Country can want a true real Medium of Trade, while their Exports exceed their Imports: Let us then lessen our Imports by our Frugality, and add to our Exports by our Industry; and we shall have no occasion for this chimerical ill founded Medium, Paper

A Discourse Concerning the Currencies of the British Plantations in America 1739

Before Paper-Money took Place in New England, Silver abounded in Currency as much and perhaps more, than in many of our Colonies: Our Exports

A Discourse Concerning the Currencies of the British Plantations in America 1739

Our Paper-Money being only passable amongst our selves, is the

A Discourse Concerning the Currencies of the British Plantations in America 1739

Paper-Money was introduced, great Inconveniencies happened; upon canceling this Paper Medium all those Inconveniencies did vanish.

A Discourse Concerning the Currencies of the British Plantations in America 1739

The Fallacy of Quantities of Paper-Money, has increased our superfluous Imports, much beyond what was in former Times.

A Discourse Concerning the Currencies of the British Plantations in America 1739