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Euro 500

A roadtrip to Europe.Happening in September.


    The apprehension

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    livelingcher


    Posts : 3
    Join date : 2011-02-23

    The apprehension  Empty The apprehension

    Post  livelingcher Wed Feb 23, 2011 7:52 pm

    The apprehension

    of their depreciation tended to increase it, and occasioned a quick circulation; and for some time, even for English goods, which ordinarily sell for tory burch shoes the longest credit, no body pretended to ask credit. They were constantly, however, dying in somebodys hands, though nobody kept them long by them. Business was brisk, men in trade increased their figures, but were sinking the real value of their stock, and, what is worse, by endeavors to shift the loss attending such a pernicious currency from one to another, fraudulent dispositions and habits are acqqired, and the morals of the people depreciate with the currency." The Government was solicting for the tory burch flats reimbursement of the charges in taking and securing Cape Breton, and by the address, assiduity, and fidelity of Wiam Boll an, Esq.; who was one of tjagents of the province for that purpose, there was a hojWul prospect that the full sum, tory burch sale about sterling, would be obtained." Mr. Hutchinson, who was then Speaker of the House of Representatives, imagined this to be a most MBT Shoes favorable opportunity for abolishing the bs of credit, the source of so much iniquity, and for establishing a stable currency of gold and silver for the future. About two mions two hundred thousand pounds would be outstanding in bs in the year One hundred and eighty thousand pounds sterling at eleven for onewhich was the lowest rate of exchange with London for a year MBT or two before, and perhaps the difference was really twelve to onewould redeem nineteen hundred and eighty thousand pounds, which would leave but two hundred and twenty thousand pounds outstanding: it was therefore proposed that the sum granted by Parliament should be shipped to the province in Spanish med dollars and applied for the redemp-# tion of the bs as far as would serve for that purpose, and that the remainder of the bs should be drawn in by a tax on the year This would finish the bs. For the future, silver of sterling alloy at s. d. the ounce, if payment should be made in bullion, or otherwise med dollars at s. each, should be the lawful money of the province, MBT Shoes UK and n person should receive or pay within the province, ccbs of credit of any of the other Governments of New England. This tory burch outlet proposal being made to the Governor, he approved of it, as founded in justice and tending to promote the real interest of the province, but he knew the attachment of the people to paper money, and supposed it impracticable.

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