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Updated: May 2, 2025
Reynolds also tells that Livingston loaned money at ten per cent. Wright's "Industrial Evolution in the United States"; see also his article "Wages" in Johnson's Encyclopædia. The New York Colonial Documents relate that in 1699 in the three provinces of Bellomont's jurisdiction, "the laboring man received three shillings a day, which was considered dear," iv:588. Colonial Documents, iv:533-554.
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