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| Field name | Value |
|---|---|
| Collection Reference Number | GLC02437.00945 |
| From Archive Folder | The Henry Knox Papers [0029] May 1781 |
| Title | Henry Knox to William Knox regarding the state of paper currency |
| Date | 5 May 1781 |
| Author | Knox, Henry (1750-1806) |
| Document Type | Military document |
| Content Description | Brigadier General Knox writes to his brother: "We have no news, but are alarm'd at the rapid depreciation of the paper currency... the State of Pennsylvania, has pass'd an act to strike old and new out of circulation after the first of next month, and in lieu thereof to emit 500,000 currency of that state upon some certain funds." Instructs William, who handled many of his business affairs: "This state of the money will point out to you most forcibly the necessity of obtaining the sums due to me..." |
| Subjects | Revolutionary War Revolutionary War General Finance Economics Coins and Currency Government and Civics Debt |
| People | Knox, Henry (1750-1806) Knox, William (1756-1795) |
| Place written | New Windsor, New York |
| Theme | The American Revolution; Banking & Economics; Merchants & Commerce |
| Sub-collection | The Henry Knox Papers |
| Copyright | The Gilder Lehrman Institute of American History |
| Module | Settlement, Commerce, Revolution and Reform: 1493-1859 |