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Updated: July 28, 2026
The paper of all kinds with which trade was inundated, and which had all more or less lost credit, made a chaos for which no remedy could be perceived. State-bills, bank-bills, receiver- general's-bills, title-bills, utensil-bills, were the ruin of private people, who were forced by the King to take them in payment, and who lost half, two-thirds, and sometimes more, by the transaction.
The paper of all kinds with which trade was inundated, and which had all more or less lost credit, made a chaos for which no remedy could be perceived. State-bills, bank-bills, receiver- general's-bills, title-bills, utensil-bills, were the ruin of private people, who were forced by the King to take them in payment, and who lost half, two-thirds, and sometimes more, by the transaction.
The paper of all kinds with which trade was inundated, and which had all more or less lost credit, made a chaos for which no remedy could be perceived. State-bills, bank-bills, receiver- general's-bills, title-bills, utensil-bills, were the ruin of private people, who were forced by the King to take them in payment, and who lost half, two-thirds, and sometimes more, by the transaction.
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