The money supply of the American colonies before 1720 (Reprints of economic classics)
by Clarence P. Gould
Category: Reference

Excerpt from Money and Transportation in Maryland, 1720-1765 Of trade was overwhelmingly against the colonies, and in the ordinary course Of commerce no money importation whatever could be expected from England. Outside of trade there were three channels by which a certain amount Of coin reached Maryland from the mother - country. The first and most important Of these was through settlers. It is natural to suppose that most emigrants, on leaving Eng land, would provide themselves with more or less pocket money to meet immediate demands. The amount Of such a supply is very difficult to estimate, but with four or five thousand settlers a year, it was probably an appreciable addition to the monetary resources Of the colony. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.