Fowle's New Hampshire Gazette And General Advertiser

MR. PRINTER.

In perusing your last Gazette, I could not but admire the observations made upon a paper medium, by a well known writer, who styles himself CRISIS.

You will therefore, please to present him through the channel of your impartial paper, with the following observations for his perusal--which lately made their appearance in the Exeter Journal.

The public have ever since the origin of paper money, been most certainly deceived by those pests to society, who have been enemies to this country, before, and through the late war. Not content with using every mean in their power to embarrass, and to destroy the people at that period, by depreciating our money, magnifying every difficulty we then had to encounter, and since that time, endeavoring to have all public credit annihilated: but now when our Allies who furnished us with money in our distresses, are calling for their interest, when a tax is made for the purpose of raising it, a plan is projected, effectually to prevent the circulation of a single dollar. This is evidently done, that we as people might fail of paying our interest to them, sink into contempt with all foreign nations, and to influence those to whom we are indebted, to seize our property wherever they can find it, and perhaps to take from us the lands upon which we now live.

This scheme is carried on by deceiving the ignorant, in the community, and by the particular assistance of a considerable number of designing men, who by negligence, extravagance, or both, are plunged deeply into debt, and wish to pay their creditors with a small part of what is justly their due. Let every spark of the justice, wisdom, and good policy which we have left in our land, be roused to oppose such measures, and save us from ruin!

Let the idea of emitting paper money be but dropped, and silver and gold will circulate; as nothing keeps thousands of dollars now hoarded but the fear of having paper forced upon the owners of them if they suffer the hard money to go from them, and hereby being defrauded of perhaps nine tenths of their interest. It is the opinion of many of the most judicious; of such as are most understanding in our times, that was the money which is now in our country, only to be put into circulation as was common before the late war, we should have a sufficient medium: and nothing prevents this but the clamour of the approach of worthless, meagre, ghastly paper bills, which carry poverty and famine with them, and never fail to leave devastation and distress behind them!