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Harper's Encyclopedia of United States History (ed. Benson Lossing) 3 3 Browse Search
Rebellion Record: a Diary of American Events: Documents and Narratives, Volume 2. (ed. Frank Moore) 1 1 Browse Search
Southern Historical Society Papers, Volume 2. (ed. Reverend J. William Jones) 1 1 Browse Search
Brigadier-General Ellison Capers, Confederate Military History, a library of Confederate States Military History: Volume 5, South Carolina (ed. Clement Anselm Evans) 1 1 Browse Search
The Daily Dispatch: April 8, 1864., [Electronic resource] 1 1 Browse Search
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Browsing named entities in The Daily Dispatch: April 8, 1864., [Electronic resource]. You can also browse the collection for March, 1780 AD or search for March, 1780 AD in all documents.

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The Daily Dispatch: April 8, 1864., [Electronic resource], Peace Coming through bankruptcy — a Blast from a "Suppressed" Press. (search)
er promise of Government long pass for money. It was inevitable that the continental money should sink in value in proportion to the increase of its issue.--The first issue was made in 1775. The depreciation began in three years afterwards, and went on as follows: March, 1778, $1 in coin was worth $1.75 in paper. September, 1778, $1 in coin was worth $16 in paper. March, 1779, $1 in coin was worth $16 in paper. September. 1779, $1 in coin was worth $18 in paper. March, 1780, $1 in coin was worth $40 in paper. December, 1780, $1 in coin was worth $100 in paper. May, 1781, $1 in coin was worth $500 in paper. Not long after these days the holders of Government money paid $20,000 for a bum, and $10,000 for half a pound of tea. Nobody could complain that the debt was not fairly contracted. But failure and repudiation were none the less inevitable. But who, let us ask, when the people come to their senses, will respect the debt which this Adm