Pennsylvania paper currency. by C. W. Macfarlane

Cover of: Pennsylvania paper currency. | C. W. Macfarlane

Published by American Academy of Political and Social Science in [Philadelphia .

Written in English

Read online

Subjects:

  • Paper money -- Pennsylvania.

Edition Notes

Book details

SeriesAnnals of the American Academy of Political and Social Science -- v. 8, no. 1
ContributionsAmerican Academy of Political and Social Science.
Classifications
LC ClassificationsH1 .A4
The Physical Object
Pagination50-126 p.
Number of Pages126
ID Numbers
Open LibraryOL22262467M

Download Pennsylvania paper currency.

The pound was the currency of Pennsylvania until It was created as a response to the global economic downturn caused by the collapse of the South Sea Company. Initially, the British pound and certain foreign coins circulated, supplemented from by local paper money, called Colonial Scrip.

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Pennsylvania National Currency Bank Note Information: Pennsylvania had issuing charters in different towns. There are Pennsylvania national currency bank notes known.

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money a local “currency.” There could be as many dif-ferent paper monies as there were separate colonies and states. At the Constitutional Convention, the Founding Fa-thers took the power to directly issue paper money away from both state and national legislatures.

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Printing for the colonial government was by far the most profitable printing business for Franklin, being paper currency or official government forms. Paper money was first introduced in the Pennsylvania in Farmers and tradesmen were greatly benefited but landowners and merchants wanted it eliminated or limited as its value was subject to depreciation.

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Information included at this site has been derived directly from the Pennsylvania Code, the Commonwealth's official publication of rules and regulations and from the Pennsylvania Bulletin, the Commonwealth's official gazette for information and rulemaking.

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