Note 29 — THE REVENGE.
Reading edition
The currencies of the different colonies were in great confusion, on account of the various and extensive issues of paper money, which was greatly depreciated in value. Apparently a pound in New York currency was in 1741 worth about 2.25 Mexican silver dollars, a pound in Rhode Island currency about .85 of a dollar. Douglass, Summary (Boston, 1749, 1750), I. 494, II. 255; Potter and Rider, Some Account of the Bills of Credit or Paper Money of Rhode Island, pp. 55, 162.