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Although it is obvious that politics, money, and economic conditions were closely interrelated in the twenty years before the Revolution, this is the first account to bring together these strands of early American experience. Ernst also provides and analytical case study of the impact on America of British monetary policy during a period of dramatic shifts in the Atlantic economy and suggests that earlier studies are questionable because of theoretical misconceptions concerning the importance of visible" money."

Originally published in 1973.

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Table of Contents

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  1. Cover
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  1. Title Page, Copyright, Dedication
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  1. Preface
  2. pp. vii-x
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  1. Contents
  2. pp. xi-xii
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  1. Tables and Graphs
  2. pp. xiii-xiv
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  1. Glossary of Economic Terms
  2. pp. xv-xx
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  1. Part One: Introduction to the Problem
  1. 1. Some Forbidding Issues
  2. pp. 3-17
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  1. 2. A Summary View of British Paper Money Policies
  2. pp. 18-42
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  1. 3. The Currency Act of 1764: Virginia Monetary Practices and the Protection of British Debts
  2. pp. 43-88
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  1. 4. The Repeal Movement: Imperial Politics and Revolutionary Crisis
  2. pp. 89-134
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  1. Part Two: Alternatives to Repeal, 1764–1768
  1. 5. Interpreting the Law: Money and Politics in Maryland and Georgia
  2. pp. 137-173
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  1. 6. The Robinson Scandal Redivivus: Money and Politics in Virginia
  2. pp. 174-196
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  1. 7. Reworking the Law: Money and Politics in the Carolinas, Pennsylvania, and Virginia
  2. pp. 197-242
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  1. Part Three: Revising the Law, 1770–1775
  1. 8. The Currency Act of 1770: The Loan Office Question in New York and New Jersey
  2. pp. 245-281
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  1. 9. The Currency Act of 1773
  2. pp. 282-311
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  1. 10. Toward Independence
  2. pp. 312-350
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  1. Part Four: Coda
  1. 11. The Political Economy of Revolution
  2. pp. 353-362
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  1. Appendixes
  1. Appendix 1. Tables
  2. pp. 365-373
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  1. Appendix 2. Graphs
  2. pp. 374-378
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  1. A Select List of Sources
  2. pp. 379-394
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  1. Index
  2. pp. 395-403
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