
With both Boston and Canada in a state of stalemate, there wasn’t a lot of active fighting going on in the Colonies.
Not until, as we said yesterday, General Woodford stumbled into a bunch of British soldiers preparing to attack Hampton, VA. This set off the first major battle of the Revolution in a southern state, and one of our first significant victories.
But in the meantime, Congress discovered that a shooting war wasn’t the only tool they had at their disposal: they had economic power as well, and they began to leverage that.
We mentioned in the past that the Colonies didn’t have a ton of economic clout, but the cost of war combined with whatever other money-related tactics they could try, added up to a bigger impact than originally postulated.
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