. A history of the United States. G R ESS, faf-\fedat?h\-adelphia, .February V], 1776. Bjm ?One Sixth of a Dollar J. Printed by Hall & Sellers,^ in Philadelphia. 1776. g Face Back Paper Money of the Revolution Reduced facsimile and tried to pay expenses with paper money, as the colonieshad done many times before. The states also issued papermoney. This money sometimes lost a tenth of its value ina single month. Prices as a result rose rapidly. In 1781 apair of shoes cost $100 in paper money, a bushel of potatoes$24, a bushel of corn $40, and a cow $1,200. It is notsurprising that the Pennsylva
. A history of the United States. G R ESS, faf-\fedat?h\-adelphia, .February V], 1776. Bjm ?One Sixth of a Dollar J. Printed by Hall & Sellers,^ in Philadelphia. 1776. g Face Back Paper Money of the Revolution Reduced facsimile and tried to pay expenses with paper money, as the colonieshad done many times before. The states also issued papermoney. This money sometimes lost a tenth of its value ina single month. Prices as a result rose rapidly. In 1781 apair of shoes cost $100 in paper money, a bushel of potatoes$24, a bushel of corn $40, and a cow $1,200. It is notsurprising that the Pennsylvania farmers were ready toexchange their products for British gold. Industries during the War. — When the colonies declaredthemselves independent, it was no longer necessary to obey 2o6 LIFE IN WAR TIME the British laws forbidding the manufacture of hats, cloths,and steel. At the same time the demand for them increasedbecause trade with Europe was either cut off or was carriedon with great difficulty. Most people dressed in homespun,as they had done in the earUer time. Makers of guns, saddles,and powder we
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