Lovell, James, 1737-1814 to Elbridge Gerry
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Gilder Lehrman Collection #: GLC01450.541 Author/Creator: Lovell, James, 1737-1814 Place Written: s.l. Type: Autograph letter signed Date: May 8, 1781 Pagination: 4 p. : Height: 34 cm, Width: 21 cm Order a Copy
Discusses fiscal matters in detail, claiming that "Nothing can exceed the Confusion here as to money." Comments on problems related to paying delegates, regarding inflation caused by paper money and the state as paymaster. Using personal examples, he worries he will not be able to provide for his family if he does not use hard currency (coin money) but also is concerned with what effect converting paper money will have on his reputation. Laments that "All the Stuff about Money is contrary to my natural Disposition. I began as early as 19 to have a Contempt of Wealth...This Discussion now therefore is forced upon me against the Grain." Near the end of the letter he warns: "I presume Mass: will not be content to be without a Voice in Congress as some states were for many months." Informs Gerry he has drawn $12,000. At the beginning he notes a personal injury from a fall and in the middle he indicates that he has enclosed other letters (not included).
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