A great article on Colonial Currency appears in the June 2007 issue of Early American Life Magazine. Often when looking a deeds, wills or other early documents the currency used is always of interest. American apparently invented paper money, and in this particular article, there is a great history, as well as photo's of paper money used prior to 1800. Judy Cassidy ************************************** See what's free at http://www.aol.com.
If memory serves me correctly paper currency was in use in China in the mid-900's. Again, if memory serves me correctly, the French were the first to use paper currency in North America. A delayed military payroll shipment was the problem. To solve it a French officer cut up playing cards in quarters and marked them up as a goverment IOUs. The quartered cards were accepted in payment as it was believed they would be redeemed in a short while for coin. Jim -----Original Message----- From: dutch-colonies-bounces@rootsweb.com [mailto:dutch-colonies-bounces@rootsweb.com]On Behalf Of Jacassidy22@aol.com Sent: Saturday, May 12, 2007 5:51 PM To: Dutch-Colonies@rootsweb.com Subject: [DUTCH-COLONIES] Colonial Currency Article in Early American LifeMagazine June 2007 A great article on Colonial Currency appears in the June 2007 issue of Early American Life Magazine. Often when looking a deeds, wills or other early documents the currency used is always of interest. American apparently invented paper money, and in this particular article, there is a great history, as well as photo's of paper money used prior to 1800. Judy Cassidy ************************************** See what's free at http://www.aol.com. ------------------------------- To unsubscribe from the list, please send an email to DUTCH-COLONIES-request@rootsweb.com with the word 'unsubscribe' without the quotes in the subject and the body of the message