The Leslie Brock Center for the Study of Colonial Currency
Welcome!
As you can see I am busy delving into the fascinating history of America's colonial
currencies. Decades before the American revolution, each of the colonies issued their own
paper money. These monetary experiments
embroiled the colonies in controversy, fueling political disputes both within the colonies
and between the colonies and England. These experiments also raised fundamental economic
questions, such as how paper money influences prices, exchange rates, economic growth, and
the balance of trade. Almost three centuries later, these issues remain unsettled, and
continue to spark controversy. This home page, still under development, is designed to
whet your interest in the topic. The best introduction available on the Web is my article
on "Colonial Currency, Prices, and Exchange Rates" which you can reach though a
link below. A few contemporary pamphlets, dealing primarily with Massachusetts and New
England, are available here in electronic text. These pamphlets illustrate the debate
within colonial society, and provide some insight into the history of the period. If you
find the subject as interesting as I do, explore the suggestions for additional reading.
Some recommended books are available at your local library, although I have made a point
of mentioning some references that are less well known, such as unpublished dissertations
and manuscripts. By doing so, I hope to make this page valuable to professional
historians, as well as casual visitors.

Contents
Pamphlets
- John Colman's The Distressed State of
the Town of Boston (Boston, 1720)
- Edward Wigglesworth's A Letter From One in the Country (Boston, 1720)
- John Colman's The Distressed State... Once More Considered (Boston, 1720)
- The Second Part of
the South-Sea Stock (Boston, 1720/1)
- Ben Franklin's
Modest Enquiry into the Nature and Necessity of a Paper Currency
(Philadelphia, 1729)
- Douglass's
Discourse on the Currencies of the American Plantations (Boston, 1740)
- Douglass's
Postscript to the Discourse (Boston, 1740)
- An Enquiry into the State of the Bills of Credit (1743/44)
- An Account of the Rise, Progress and Consequences
of the two late Schemes Commonly call'd the Land-Bank
or Manufactory Scheme, and the Silver Scheme (Boston, 1744)
- A Brief Account of
the Rise, Progress, and Present State of the Paper Currency (Boston, 1749)
Other Contemporary Writings
Articles
Articles elsewhere on the web
Miscellaneous
This page maintained by the
Electronic Text Center,
University of Virginia
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