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nydus/Principles of Political EconomyPublic
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Table of Contents

Chapter I. Of Value.

wealth. This experiment closed only in 1750 (March 31st), when the province had courage enough to resume specie payments. The effect was to transfer the West India trade from paper-issuing colonies to Massachusetts, and to produce a steady prosperity in her business interests.

Illustration: Chart XI.

The issue of paper money as a means of making a

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