Tag: Colonial America

  • June 22, 1775: Continental Cash

    Cover art for June 22, 1775: Four Continental Dollars bill issued in November 1775. via University of Notre Dame archives

    Here’s a hard economic reality: if you want to break away from a parent nation, you need to stop using their currency.

    Here’s another one: if you’re going to issue currency, you certainly need to have the capital to back it up.

    And you also don’t want to make it easy to counterfeit.

  • March 1, 1775

    Cover art for March 1, 1775: the cover of "A Sermon on Tea"

    When it comes to tea-related protests, the Boston Tea Party seems to get all the press, even though there was also wanton destruction of tea in Charleston, and then there was the Edenton Tea Party.

    But Boston was the first, and abusing tea in one way or another became a popular way to demonstrate your patriotism. (Some modern-day Brits would argue that we never quite stopped abusing tea.)

    Today we talk about an effort to actually prohibit the import or consumption of tea in the Colonies. It worked about as well as you’d expect.