RECORD OF TAX RECEIPTS, 1784-17901
(shillings and pence omitted)
|New Emission||Specie||Revenue Money||Lawful Money||Continental|
|1 Compiled from the annual reports of the State Treasurer as printed in the Votes and Proceedings, usually in|
November of each year. The new emission and certificates were worth about one-third their face value. Lawful money
included (in addition to specie) revenue money and loan-office money, which passed at a discount of not more than
twenty-five per cent. Continental money after 1784 was worth perhaps one-half of one per cent of its face value.
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Book title: Experiment in Independence:New Jersey in the Critical Period, 1781-1789. Contributors: Richard P. McCormick - Author. Publisher: Rutgers University Press. Place of publication: New Brunswick, NJ. Publication year: 1950. Page number: 307.
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