Note 47 — [pg 154]No. XV.
Reading edition
A dollar, in sterling money, is 4s6. But the price of a dollar rose in New England currency to 6s; in New York to 8s; in New Jersey, Pensylvania and Maryland to 7s6; in Virginia to 6s; in North Carolina to 8s; in South Carolina and Georgia to 4s8. This difference, originating between paper and specie, or bills, continued afterwards to exist in the nominal estimation of gold and silver.
Franklin's Miscel. Works, p. 217.