A Brief History of the United StatesMcMaster, John Bach
History
A Brief History of the United States
McMaster, John Bach
United States -- History
7. New Englanders were engaged in farming, fishing, lumbering, and
commerce; the Middle States produced much wheat and flour, and also
lumber; the South chiefly tobacco, rice, and tar, pitch, and turpentine.
FOOTNOTES
[1] The states ratified the Constitution on the dates given below:--
1. Delaware......... Dec. 7, 1787
2. Pennsylvania..... Dec. 12,1787
3. New Jersey....... Dec. 18, 1787
4. Georgia.......... Jan. 2, 1788
5. Connecticut...... Jan. 9, 1788
6. Massachusetts.... Feb. 7, 1788
7. Maryland......... April 28, 1788
8. South Carolina... May 23, 1788
9. New Hampshire.... June 21, 1788
10. Virginia........ June 26, 1788
11. New York........ July 26, 1788
12. North Carolina.. Nov. 21, 1789
13. Rhode Island.... May 29, 1790
[2] In New Jersey any "person" having a freehold (real estate owned
outright or for life) worth £50 might vote. In New York each voter had to
have a freehold of £20, or pay 40 shillings house rent and his taxes. In
Massachusetts he had to have an estate of £60, or an income of £3 from his
estate.
[3] In Maryland 50 acres; in South Carolina 50 acres or a town lot; in
Georgia £10 of taxable property.
[4] When Congress was forced to assume the conduct of the war, money was
needed to pay the troops. But the Congress then had no authority to tax
either the colonies or the people, so (in 1775-81) it issued bills of
credit, or Continental money, of various denominations. A loan office was
also established in each state, and the people were asked to loan Congress
money and receive in return loan-office certificates bearing interest and
payable in three years. But little money came from this source; and the
people refused to take the bills of credit at their face value. The states
then made them legal tender, that is, made them lawful money for the
payment of debts. But as they became more and more plentiful, prices of
everything paid for in Continental money rose higher and higher. From an
old bill of January, 1781, it appears that in Philadelphia a pair of boots
cost $600 in paper dollars; six yards of chintz, $900; eight yards of
binding, $400; a skein of silk, $10; and butter, $20 a pound. In Boston at
the same time sugar was $10 a pound; beef, $8; and flour, $1575 a barrel.
To say of anything that it was "not worth a continental" was to say that
it was utterly worthless.
[5] In New England it was valued at six shillings; in New York at eight;
in Pennsylvania at seven and six pence; in South Carolina and Georgia at
four shillings and eight pence.
[6] The hour glass consisted of two small glass bulbs joined by a small
glass tube. In one bulb was as much fine sand as in the course of an hour
could run through the tube into the other bulb. At auctions when ships or
real estate were for sale it was common to measure time by burning an inch
or more of candle; that is, the bidding would go on till a certain length
of candle was consumed.
Public-domain text, read in full here on John Shaqi.
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