An Historical Account of the Rise and Progress of the Colonies of South Carolina and Georgia, Volume 1Hewatt, Alexander
History
An Historical Account of the Rise and Progress of the Colonies of South Carolina and Georgia, Volume 1
Hewatt, Alexander
Georgia -- History -- Colonial period, ca. 1600-1775; South Carolina -- History -- Colonial period, ca. 1600-1775
Although the Yamassee war had terminated much to the honour of the
Carolinians, yet the fatal effects of it were long and heavily felt by
the colony. Many of the planters had no negroes to assist them in raising
provisions for their families, and these persons who had negroes, could
not be spared to overlook them, so that the plantations were left
uncultivated, and the produce of the year was trifling and
inconsiderable. The men being more solicitous about the safety of their
families than the increase of their fortunes, purchased bills of exchange
at any price, to send with them to the northern provinces, in order to
procure for them there the necessaries of life. The provincial merchants
being much indebted to those in London, the latter were alarmed at the
dangers which hung over the colony, and pressed them much for
remittances. The Indians, who stood indebted to the merchants of Carolina
for ten thousand pounds, instead of paying their debts, had cancelled
them, by murdering the traders, and abandoning the province. No
remittances could be made, but in such commodities as the country
produced, and all hands being engaged in war, rendered them both very
scarce and extremely dear. To answer the public exigences of the
province, large emissions of paper currency were also requisite. Hence
the rate of exchange arose to an extravagant height. The province was
indebted no less than eighty thousand pounds, and at the same time
obliged to maintain garrisons on the frontiers for the public defence,
which served to increase the debt. While struggling amidst those
hardships, the merchants of London complained to the Proprietors of the
increase of paper money, as injurious to trade; in consequence of which
they strictly ordered their Governor to reduce it. All those things
served to aggravate the distress of the poor colonists, and caused them
to murmur against their landlords for want of compassion, and to turn not
a little disaffected to their government.
[Sidenote] Aggravated by the Proprietors.
Public-domain text, read in full here on John Shaqi.
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