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Portsmouth, Rockingham County, New Hampshire
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At a town meeting in Stratham on Wednesday last, inhabitants voted to instruct their representative to advocate for paper currency legislation at the General Court to address cash scarcity and trade stagnation.
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At a town-meeting, held at Stratham on Wednesday last, the inhabitants of that town voted to give their Representative instructions to use his influence at the ensuing sessions of the General Court of this State, to obtain an act for introducing a PAPER CURRENCY -How far such a currency may have a tendency of removing the evil we now complain of, or whether it will not be a mean of introducing a greater, time must discover. Our gazette has spoke the propriety as well as impropriety of such a medium.-
Of two evils it is prudent to chuse the least; and the general distress, occasioned by the present scarcity of Cash, and stagnation of Trade, calls loudly for something to be done!
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Where did it happen?
Domestic News Details
Primary Location
Stratham
Event Date
On Wednesday Last
Outcome
voted to instruct representative to seek paper currency act
Event Details
Inhabitants of Stratham at town meeting voted to give their Representative instructions to influence the General Court for an act introducing paper currency to address current economic evils including scarcity of cash and stagnation of trade.