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History of Taxation in Rhode Island to the Year 1790

Note 64 — Taxation in Rhode Island, 1636-1689.

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This is explained as follows, "or that is accordinge to tenn upon the hundred a yeare forbearance". This and a like reference further on in the text would seem to show that it was ten per cent interest which was to be charged on rates not paid when due and that the usual rate of interest was five per cent.

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