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Colonial Virginia's paper money regime, 1755-74: A forensic accounting reconstruction of the data.

Authors :
Grubb, Farley
Source :
Historical Methods. 2017, Vol. 50 Issue 2, p96-112. 17p. 1 Color Photograph, 7 Charts.
Publication Year :
2017

Abstract

In this article, the author reconstructs the data on Virginia's paper money regime using forensic accounting techniques. He corrects the existing data on the amounts authorized and outstanding, and reconstructs yearly data on previously unknown aspects of Virginia's paper money regime, including printings, net new emissions, redemptions and removals, denominational structures, expected redemption tax revenues, and specie accumulating in the treasury for paper money redemption. These new data form the foundation for narratives written on the social, economic, and political history of Virginia, as well as for testing models of colonial paper money performance. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01615440
Volume :
50
Issue :
2
Database :
Academic Search Index
Journal :
Historical Methods
Publication Type :
Academic Journal
Accession number :
122357430
Full Text :
https://doi.org/10.1080/01615440.2016.1256241