Talk:Currency Act

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Apparently because the Colonies were printing their own money which was debt free and not backed by Gold or Silver which provided help with the exchange of goods they're economy prospering. If this is true then the Bank of England pressed Parliament to pass the act keeping the Colonies from printing this money and because of it the Colonies had a depression less than a year later.

"In one year, the conditions were so reversed tat the era of prosperity ended, and a depression set in, to such an extent that the streets of the colonies were filled with the unemployed." Benjamin Franklin

"The colonies would gladly have borne the little tax on tea and theother matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inabilitty of the coloniss to get the power o issue their own money permanently out of the hands of George III and the international bankers was the PRIME reason for the Revolutionary War." Benjamin Franklin's autobiography

Can anyone confirm that the Colonies economy were prospering before this act as well as those two quotes?

[edit] move 1751 to wikisource?

as the currency act of 1751 on this page is simply the original document, should it be moved to wikisource with a summarization on this page? Or is this act not important enough to go onto wikisource? BadCRC 02:12, 9 February 2006 (UTC)

I don't know how to go about starting something on Wikisource, but I've nevertheless "been bold" and have removed the extract. Silverhelm 08:30, 19 December 2006 (UTC).

[edit] Clarified wording

Changed the text of the article claiming "a lot of this money had no value." This is misleading: why would anyone produce or use anything that was worthless? I attempted to word this in a way that makes sense: as Colonial Scrip was not generally or universally backed by a Gold standard or Silver standard, it was a fiat currency without a check against inflation to protect its value.

[edit] Small Contradiction in wording

At the top of the article is stated:

"Some, such as Benjamin Franklin and Peter Cooper, believed this to be the least primary cause of the Revolutionary War."

Then it clearly states at the bottom that both these men thought it to be main reason. From what I know the bottom is true, so I removed the word 'least'. —Preceding unsigned comment added by 76.231.113.161 (talk) 00:15, 25 March 2008 (UTC)

…11:33 A.M. SO.YARMOUTH MASS PUBLIC LIBRARY

  In the direction of the Albany Plan those that had a form of currency were to be included to a Plan of Union, this Plan consisted of the Paying of Tax's we may all now disagree though this was the performance indicated towards paying back the reufge of Britains Burden towards transportational efforts and the supplying of troops in different matters, the study of that continues.

Lets also note the population grouth of early times when the Queen of England sent over the people of London which were considered The Gangs of or the Gang of London this period of the early 1700's brought many towards the shores of Four major colonies. During this time kidnappers were doing the smae, in order for them not to die at sea they were not intended to turn back for England though were acknowledged for the New York Erea for this was a considered Main Port.

The Issue of Paper Currency Influenced Chiefe Justice James DeLancey to united all the colonies in this effort for the reasons of Population, Currency, Tax, and a way to define a measure of self sufficiency and also a way to be inclined of a measure towards England for to continue a Duty effort in which was cattectorised as a Trasmportational degree, A conclution and or security of Soldiering Efforts for pass and future which was and could be of some need.

When William Pit had advised the King to Pay the Prussian Army or was it the Persian anyway this course was to free the British Army of Duty in Europe and come to the Americas for Support in the French and Indian Wars.

By Now a Paying degree was also formatted by Mr. Pitt in advisement to the King this was to pay the course through or with Gold and Silver, which left now America and it's Colonies with very little hard core Matter and tradeing was still to continue. We all know how the trading was conducted through time not enough of this and to much of that.

This ordinance that Chief Justice James DeLancey brought to The New York People was to Build a Building and Issue a Form of Currency to Distributed amongst the Population as a Legal Tender Binding with no Restrictions. Of course this now a top of the line form of Government with no turning back, all there now was to be is the agreement that all were to be aligned with this.

 And the course continues, and in 1760 Mr. DeLancey and King George the second passed on Death, this leads now to a Factional ordinance of conduction through a Governmental awareness.

If a Government is not in ligned with a form of agreement then it will most definetly go to a jury which in this case was the Revolutuionary system of accurences. and since this perhaps started as early as Livingston's escape from New York to New Jersey and the Possibilities of Pennsylvania.

This ordinance now has begun what we have in place of a Currency is the forming of a grouping, first perhaps starting with a Yankee though casual, the a Patriot Law an Order, then the Sons of Liberty the conferencing of these now to begin a Correspondence the first attempt of a Nuetral and or freindly measure through the now confusing mobile challenges of the colonies in america . The Relacements Now of a Governmental Order towards the froming of a Currency is now the efforts to continue this is with the starting of a Committee thus which shall now be amongst Many, the transporting continues and three per committee continues and also with a President for them and now being of more then one a President per Committee and then the creation or addition and continueance of a Deputy Director's General the Sergions and Phisicians of the War which are now considered a Neutral Being and also are part of the creation and aligned with it the Articles of War or the Board of War this issue is alsl allowing Congress to exsist somewhat allthough it had opened doors in the begining it now has to continue with the facts such as serveying and the allowanceing and or allowing of others to continue comeing into the Americas we some how had missed this venture of tenure. Till next Time.

An interesting task to read up on is "Levermore" Wigs of Colonial New York search Delancey Offical Action. And another is WebRoots U.S. Military Intelligence in the War of Independence Published: United States of America Central Intelligence Agency (CIA)

David George DeLancey (talk) 16:07, 5 April 2008 (UTC)

…If a Conclution exsisted, would we have a flow of Currency and a tax about it, would the acumilation of a tax be taxed for the efforts of a Governmental allowance and or Provision. It is true that we back the money though the idea of hard raw material to be a measure with it may and could of exsisted if when a Country or Province has an issue of Currency and or form then that is what they would standardly use. If a trade was united in the effort of said useage then it may appear that one would just use their course. If my ancester minded a mine of silver whom at one time perhaps did then selling it's provision would be a tallent of a Trade sure you could trade a bushel for a bushel and if their was no form of currency then this would definetly be the course of survivle.

A form of currency for everyone was indeed the True calculational matter at one time. For how could a tax be on a bushel to a bushel if the measure was a bushel then the Gevernment's tallent would be to have much of everything and this was most definetly to be in circulation and usage as spenditure in it's fullest , though with a form of currency the trade could be united as a circulational effort though also have the matter of what it earns, this earning would now or could now be concluted as a sequence to be taxed. If a formed Government was in owing another then it would have to provide for that cause. I am happy ending that sentance with the word cause till next time, and remembering this is only a talk Page the information gathered within this Paregraphicl effort is of a continuance of study and research.

David George DeLancey (talk) 16:29, 5 April 2008 (UTC)