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HISTORY OF THE TOWN OF MEDFORD, Middlesex County, Massachusetts, FROM ITS FIRST SETTLEMENT, IN 1630, TO THE PRESENT TIME, 1855. (ed. Charles Brooks), Chapter 11: currency. (search)
hall past by tale but what is of due weight. Almost every family had a pair of scales to weigh the gold and silver they took. The two crusades against Canada, about this time, forced the colonies to issue bills of credit, to pay the soldiers. These lost credit, and somewhat depreciated; and here was another embarrassment suffered by our fathers. December, 1724, Judge Sewall says, The diminution of the value of the bills of public credit is the cause of much oppression in the Province. Colden says (1728), Our paper-currency has gradually lost its credit, so as at present sixteen shillings is but sufficient to purchase an ounce of silver. Governor Belcher says (1733), Sixteen shillings in these bills will not purchase five shillings lawful money. Lawful money, as distinguished from old tenor, is first mentioned in the Medford records, May 17, 1750. The town voted, May 21, 1751, to give Mr. Turell, as salary for that year, £ 73. 6s. 8d. (lawful money), which was equal to £ 550
George Bancroft, History of the United States from the Discovery of the American Continent, Vol. 2, 17th edition., Chapter 14: (search)
ts Bay, and even invaded the soil of Maine. Some years before Philip's war, the Mohawks committed ravages near Northampton, on Connecticut River; and the General 1667 Court of Massachusetts addressed them a letter:— We never yet did any wrong to you, or any of yours,—such was the language of the Puritan diplomatists—neither will we take any from you, but will right our people according to justice. Maryland and Virginia had repeatedly negotiated with the Senecas. In July, 1684, the governor of Virginia and of New York, and the agent of Massachusetts, met the sachems of the Five Nations at Albany, to strengthen and burnish the covenant-chain, and plant the tree of peace, of which the top should reach the sun, and the branches shelter the wide land. The treaty extended from the St. Croix to Albemarle. New York was the bond of New England and Virginia. Colden's Five Nations, 44, &c. Massachusetts Records, 1667 The north and the south were united by the conquest of New Nether
George Bancroft, History of the United States from the Discovery of the American Continent, Vol. 2, 17th edition., Chapter 17: (search)
he Five Nations, down the Susquehannah, and near the highlands of Virginia, the Chap. XVII.} proud Oneida, Onondaga, and Cayuga warriors had left bloody traces of their presence. The impending struggle with New France quickened the desire of renewing peace with the English; and the deputies from the Mohawks and the three offending tribes, 1684 July 13. soon joined by the Senecas, met the governors of New York and Virginia at Albany. To the complaints and the pacific proposals of Lord Colden Howard of Effingham, Cadianne, the Mohawk orator, July 14 replied:— Sachem of Virginia, and you, Corlaer, sachem of New York, give ear, for we will not conceal the evil that has been done. The orator then rebuked the Oneidas, Onondagas, and Cayugas, for their want of faith, and gave them a belt of wampum, to quicken their memory. Then, turning to Effingham, he continued:— Great sachem of Virginia, these three beaver-skins are a token of our gladness that your heart is softened; t
George Bancroft, History of the United States from the Discovery of the American Continent, Vol. 7, 4th edition., Chapter 19: (search)
York committee declared to be the object of their earnest solicitude; even Jay held nothing in greater abhorrence than the malignant charge of aspiring after independence. If you find the complaints of your constituents to be well grounded, said Colden to the New York assembly in January, pursue the means of redress which the constitution has pointed out. Supplicate the throne, and our most gracious sovereign will hear and relieve you with paternal tenderness. In this manner the chain of unived. The assembly, now in its seventh year, had long since ceased to represent the people; yet the friends to government plumed themselves on this victory, saying openly, No one among gentlemen dares to support the proceedings of congress; and Colden exclaimed, Lord, now lettest thou thy servant depart in peace. That one vote was worth a million sterling, said Garnier to Rochford with an air of patronage, on hearing the news, while he explained to Vergennes that the vote was to the ministry
George Bancroft, History of the United States from the Discovery of the American Continent, Vol. 7, 4th edition., Chapter 23: (search)
ood; but Leslie hastily retraced his steps, and re-embarked at Marblehead. At this time the British ministry received news Mar. of the vote in the New York assembly, refusing to consider the resolutions of congress. The confidence of the king reached its climax; and he spared no pains to win the colony. In an ostensible letter from the secretary of state, New York was praised for its attempts towards a reconciliation with the mother country; in a private letter, Dartmouth enjoined upon Colden to exert his address to facilitate the acceptance of Lord North's conciliatory resolution. The same directions were sent to the governors of every colony except Connecticut and Rhode Island, and they were enjoined from the king to make proper explanations to those whose situations and connections were to give facility to the measure. How complete was the general confidence, that Chap. XXIII.} 1775. Mar. 6. the great majorities in parliament would overawe the colonies, appeared on Monday