Seventeen additional items to Richard Cole Anthony collection on financing the American Revolution
1775
MSS L2020G57.1-17
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Title
Seventeen additional items to Richard Cole Anthony collection on financing the American Revolution
Published
1775-1791
Description
[17] items in 1 folder
Call Number
MSS L2020G57.1-17
Summary
Contents: [1]. Twenty dollars [Continental currency], 1775 -- [2]. Half a dollar [Continental currency], 1776 -- [3]. William Govett, assistant auditor general, A.D.S. In Congress, Philadelphia, November 15, 1776 to the Commissioners of the Loan Office in the State of Rhode Island and Providence Plantations--to be left with the Honorable Nicholas Cooke Esq., Governor of said state. Congressional instructions to the state of Rhode Island for the $5,000,000 first public sale of United States government bonds -- [4]. Michael Hillegas, A.L.S. Baltimore, July 31, 1777 to Nathaniel Appleton Esq., Commissioner of the Continental Loan Office in the State of Massachusetts Bay -- [5]. Partially printed document by Continental Loan Office, dated August 21, 1778, acknowledging the receipt of five hundred dollars from Nehemiah Hubbard Esq. "which they promise to pay to the said Nehemiah Hubbard or bearer, on the twenty first day of August 1781, with Interest annually, at the rate of Six per cent. Per Annum." First United States public bond issue -- [6]. Partially printed document by Continental Loan Office, dated November 18, 1780, issued to Benjamin Harbeson or Order, "Sixty Dollars, in Three Hundred Livres Tournois, for Interest due on Money borrowed by the United States." Bill of exchange payable by Benjamin Franklin in Paris from a loan granted by Louis XVI to pay the interest on the first United States Bonds -- [7-10]. Four revolutionary war lottery tickets, November 18, 1776. The lottery tickets designed to use up excess of continental currency on the market and use the government's share of $1,500,000 to finance George Washington's military campaign. Prizes were to be paid with the first United States government bonds. Class the First was a plan to sell $10,000,000 worth of tickets with $100,000 being the top prize. Financially the lottery was a failure -- [11]. Twenty dollars, State of Virginia, May 1, 1780 -- [12]. Elizabeth Stanton, Newport [R.I.] November 4, 1784. Receipt for payment from Joseph Clark, general treasurer for Rhode Island, for one year's interest on a consolidated loan office certificate valued at fifty-eight ninetieths of a dollar and four eights of a penny. This document demonstrates the state’s takeover of responsibility paying off the war debt after the U.S. Congress stopped interest payment on Continental Loan Office certificates in September 1782 -- [13]. Revolutionary war debt script, in the amount of twenty dollars "which will be received for Taxes, agreeably to the Requisition of Congress of the 27th September, 1785" -- [14]. Partially printed document issued from Rhode Island, September 30th, 1791, to Thomas Smart of Providence, for one dollar and eleven cents "due from the United States ... bearing Interest at three per centum per annum from the first day of January -- [15]. State of Connecticut. Pay order to Col. Henry Champion for 100 pounds, January 16, 1781 -- [16]. State of Connecticut. Pay order to Col. Henry Champion for 200 pounds, January 16, 1781 -- State of Connecticut. Partially printed agreement with Henry Champion, James Roberts and Ashibil Catlin, for the sum of forty thousand pounds for Henry Champion "a Commissary to Superintend the purchasing of beef Cattle to make up the quantity of Beef to be furnished by this State --and other articles for use of the Contl Army.|For detailed list of contents, see case file.|Stored as folder 14 with the 2019 series of The Richard Cole Anthony Collection on Financing the American Revolution (MSS L2019G81.1-79).
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