In this letter, Thomas Williams of Roxbury, Massachusetts, mourns the lack of money noting that it is as scarce in 1790 as it was in 1776. He is concerned that he will be fired because paper money is being sold for 5 per cent below value, and business is very bad. Williams reflects upon the general economic problems that plagued the country in the years following the American Revolution.
Williams, Jr., Thomas. Letter to John Williams. May 15, 1790. Pocumtuck Valley Memorial Association, American Centuries. https://americancenturies.org/collection/l04-025/. Accessed on October 10, 2024.
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