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The Virginia Gazette
Richmond, Williamsburg, Richmond County, Virginia
What is this article about?
New York report of a London letter stating the British king is not offended by American economic measures, supports self-provision, will not suppress paper money, proposes a bank like in Ireland and Scotland, and promises attention to petitions amid confusion over currency.
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Extract of a late letter from London.
"You may tell it publickly, from good authority, that our Gracious Sovereign is no way offended at the economy of the Americans, is much pleased that they should provide for themselves, and that no part of his subjects should be oppressed by other parts. No act of Parliament suppresses your Paper Money; but you are to be relieved by having a Bank, as they have in Ireland and Scotland. All due attention will be paid to any petition from the people by the Minister for the American department, and I hope it will not be in the power of a few to oppress and injure the whole. There has been strange confusion about Paper Currency: Some have petitioned for, others against it; and an American Gentleman, lately examined before the Lords of Trade, positively spoke against it."
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What keywords are associated?
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Where did it happen?
Domestic News Details
Primary Location
New York
Event Date
April 28
Key Persons
Outcome
no suppression of paper money; relief via establishment of a bank; attention to petitions; confusion in petitions for and against paper currency.
Event Details
Extract from a London letter reports the British sovereign's approval of American self-provision and economy, no offense taken, no parliamentary act against paper money, suggestion of a bank similar to those in Ireland and Scotland, ministerial attention to American petitions, hope to prevent oppression by few, and recent examination of an American gentleman against paper currency before the Lords of Trade.