Hall, Joseph, Jr., fl. 1779 to James Lovell
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Gilder Lehrman Collection #: GLC01450.020.01 Author/Creator: Hall, Joseph, Jr., fl. 1779 Place Written: Boston, Massachusetts Type: Autograph letter signed Date: January 22, 1779 Pagination: 2 p. : Height: 33 cm, Width: 21 cm Order a Copy
Recipient inferred from content and because the collection is described as letters to or from Lovell. States that his father received the earlier letter from Lovell and thanks him. Speaks of two emissions (of bank notes or money) on May 20, 1777 and April 11, 1778 and says that some think they were a bad idea, while others see them as a method of raising the credit of paper currency. Mentions that some thought Congress did not intend to immediately put the money out of circulation but others are propagating that opinion for their own profit. Reports that a considerable quantity of the money has already been received in the Loan Office. Comments that half of his father's money was from the emissions, which he put into the Loan Office. Adds that his family sends their compliments. On reverse of the letter is an incomplete letter dated March 23, 1779 to Lovell's brother. Possibly a draft since there are numerous cross outs.
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