The Financial History of the United States, From 1774 to [1885]

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247 and note).
* The plan of specific supplies was also defective, because there was no penalty for neglect to furnish them; yet the system continued to find advocates even as late as 1783. Dr. Stiles, in his Connecticut elec- tion sermon of that year, said, "Two or three millions can more easily be raised in produce than one million in money. This collected and deposited in stores and magazines, would, by bills drawn upon these stores, answer all the expenditures of war and peace. The little i
...mper- fect experiment lately made here should not discourage us."— Pulpit of Am. Rev. Sermons, ed. hy John Wingate Thornton, p. 425.
282 FINANCIAL HISTORY OF THE UNITED STATES. [1781.
several months elapsed, however, before he was permitted to inaugurate this reform.' The quartermasters and com- missaries issued the certificates, which were accepted by the States in return for supplies, and were then sent to the superintendent of finance to be credited on their quotas, just as though they had furnished money.


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