When was it published?

July 22, 1768 in The New Hampshire Gazette And Historical Chronicle

Domestic News July 22, 1768

The New Hampshire Gazette And Historical Chronicle

Q: What entities or persons were involved?

Lord Hillsborough, Colony Agents

Q: What keywords are associated?

Paper Currency, Lord Hillsborough, Colony Agents, Economic Distress, Trade Medium

Portsmouth, Greenland, Rockingham County, New Hampshire

View full issue View on Library of Congress PDF Page 2

What is this article about?

Lord Hillsborough, American Secretary, declared against paper currency in a meeting with colony agents in England. The text warns of ruinous consequences for colonies, particularly this province suffering economic distress with only £60,000 in circulation for over 120,000 inhabitants.

Clipping

OCR Quality

98% Excellent

Full Text

It appears by the last accounts from England, that Lord Hillsborough, the American Secretary, has positively declared himself against paper currency, at a meeting of several colony agents who waited on him upon that head. If the colonies are restrained a paper currency, it is easy to foresee the ruinous consequences; this province in particular now labours under the greatest distress for want of a medium in trade, as we have not more than £60,000 l. now in circulation, for a province that has more than double that number of inhabitants.

What sub-type of article is it?

Politics Economic

What keywords are associated?

Paper Currency Lord Hillsborough Colony Agents Economic Distress Trade Medium

What entities or persons were involved?

Lord Hillsborough Colony Agents

Where did it happen?

England

Domestic News Details

Primary Location

England

Event Date

Last Accounts From England

Key Persons

Lord Hillsborough Colony Agents

Outcome

declaration against paper currency; foreseen ruinous consequences for colonies; province in greatest distress for want of trade medium with only £60,000 in circulation for more than double that number of inhabitants

Event Details

Lord Hillsborough positively declared himself against paper currency at a meeting of several colony agents who waited on him upon that head.