Depreciation of money
Document 1786Responds to the claim of Gabriel Allen respecting depreciation of money
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82.
Sr New York August 25th 1786
Your Letter of the 27 ulto is received
if the money has never been out of your hands you are answerable to the men for nothing more than you received from the Public, you could not keep its depreciation & Oblige the men to come to you for it, in this light you will be also considered when you Settle your Accounts with me provided You make it Appear that the identical money is in your hands which you received for the Regiment it is necessary that you come on & Settle your Acct as soon as possible.
in respect to the depreciation, if your State will not take on its self a Settlement of it, you will not Obtain it, because Congress have not given to any description of persons except such as were in Service on the 10th of April 1780 —
Gabriel Allen Sam
Providence No Hr
Sr New York Office of Army
Accounts August 25. 1786
On the 10th Instant I received your Claim, for pay as Colo from January 1777. to the end of the War —
I have not entered into any examination of the same for the reason that the Act of Congress which took place on the first Instant and which has been Published for 9 months
Type
Letterbook
Description
Responds to the claim of Gabriel Allen respecting depreciation of money
Date
08/25/1786
Author
Recipient
Sent from
New York
Repository
Document number
1786082522055
Page start
82
Notable persons
Gabriel Allen
John Pierce
Notable locations
Providence, Rhode Island
New York
Notable items
Depreciation
continental dollar
paper money
paper currency
