"Peletiah Webster, a discerning contemporary of the Revolution, summed up the effects of the American experiment with the continental. "Paper money," said Webster, "polluted the equity of our laws, turned them into engines of oppression, corrupted the justice of our public administration, destroyed the fortunes of thousands who had confidence in it, enervated the trade, husbandry, and manufactures of our country, and went far to destroy the morality of our people.
It becomes ...
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