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Page: 19

The History of the Insurrections, by George Minot

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19

count? Or, if they should detain it, Whether they designed to do so, for the purpose of restoring it to the original holders of the notes, to whom, in such case, it must undoubtedly belong? But this question was never answered.

From speculators in the funds, the cry of the discontented spread to original and indisputable creditors, of whom the consideration was immediately received by the publick. These indeed could not be denied their demands, but great fault was found with paying their interest money out of the impost and excise revenues, which was the most productive source of the government. At the reviving of these revenue laws in the session of May 1786, the appropriation of the proceeds of the duties, could not be carried agreeably to the former principles, but on condition of being subject to a revisal at the next assembling of the General Court, when, we shall find, one third part was appropriated to the exigencies of government.

The numerous embarressments [sic] under which the Commonwealth laboured soon after the war, produced a variety of expedients from the citizens. Among others, that which has been a peculiar favourite with the people of America, a paper