Note 142 — SUPPLEMENT TO SECTION III PART II.

It may be worth observing, that during this whole war they never fell below 82, except for a few months during the rebellion in 1745; that after the Peace in 1748 they rose to 105, and in the succeeding war never fell so low as they are now, except in the two last years; that after the Peace in 1763 it was expected they would again rise above par; but that, instead of this, they have in general during the whole peace kept 12 or 13 per cent. below par, and 15 or 16 per cent. below the price they bore before the two last wars.—One of the reasons of the great alteration which has taken place since the last war is, I think, pointed out in the 3d Section of the 3d Part of this Tract.