“the Agents appointed to defend the Town in an action brought by Capt.
James White, on a Note paid him in Paper money; found that the Town was
not in a Capacity to tender the money for the Note of Hand due--and
therefore that the Costs and Charges of Court would fall upon the Town,
whether the Demand for Depreciation on Said note paid was finally
Decided in his Favour or not,--they also found that a much heaver
Expence to the Town would arise from Carrying on the Suit to final
Judgment than they Concieved that the Town was aware off--this induced
your Agents to Listen to Some Proposals made by Capt White: (Viz) To
Pay the Cost that had then arisen, to allow him Compound Interest on
his Note that was due and to Estimate the Depreciation thereon from
the month of June his note being Dated the first of July. He alledging
that notwithstanding as their was but one Day that made the Difference;
it was hard that the whole month of July should be taken in for the
Estimate--they accordingly made the Calculation and Certified the same
to the Town Treasurer, who Settled with Capt. James White Conformably
thereunto, and the Action was dropt never having had a Tryall. As youre
Agents conducted in this matter, as they Apprehended for the best
Interest of the Town they flatter themselves that their Conduct will
meet with the Approbation of the Town, and that the Town will Confirm
the Doeings of their Treasurer thereon.
The Honᵇˡᵉ Cotton Tufts Esqʳ } _Agents_.
Gen. Solomon Lovell Esqʳ }
“The Above Report Accepted by the Town.
John Tirrel _Town Clerk_”
The depreciation in paper money between July, 1776, and the same month
in 1778, had been from par to 6.30 to 1.
[95] _Records_, Monday, December 23, 1776.
[96] Letters of Mrs. Adams (ed. 1848), p. 82.
[97] The nearest approach made to a draft is found in the following
vote:--
“June 19th. 1780
“Voted that the assessors be desired to set off the Inhabitants as near
as they can into twenty Parsols or Districts as they Stand in the Tax
Bill for Polls and Estates and each District to be obliged to get a Man
to go into the Servis and if any one in said district shall refuse to
go or to pay his Proportion according to what he pays Taxes the Capt.
of the Company to which he belongs be Desired to draft said Person and
return him as a Drafted Man.” _Record._
[98] Savage’s Winthrop, v. 1, p. 163.
WEYMOUTH IN ITS FIRST TWENTY YEARS.
A PAPER READ BEFORE THE SOCIETY, NOVEMBER, 1882,
BY
GILBERT NASH, Esq.,
SECRETARY.
Public-domain text, read in full here on John Shaqi.
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