The Practice and Politics of Fiat Finance: North Carolina in the Confederation, 1783-1789

The Practice and Politics of Fiat Finance: North Carolina in the Confederation, 1783-1789

The Practice and Politics of Fiat Finance: North Carolina in the Confederation, 1783-1789

The Practice and Politics of Fiat Finance: North Carolina in the Confederation, 1783-1789

Excerpt

Contents

PART ONE. NORTH CAROLINA STATE FINANCE

I. The North Carolina Economy 3

II. The Domestic Debt 15

III. Emission of Currency 57

IV. North Carolina's Foreign Debt: The Obligation to Martinique 100

PART TWO. STATE-FEDERAL FINANCIAL RELATIONS

V. The Political Implications 127

VI. Settlement of State and Individual Revolutionary Accounts 132

VII. Payment of the Continental Line 169

VIII. Congressional Revenue 191

IX. Conclusion 215

Selected Bibliography 223

Index 231

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