The article presents an exploration into the monetary policies of colonial Massachusetts in the late 17th and early 18th century. Details are given describing the legal differentiation between "Proclamation money" and "Lawful money" within the British provinces of America, which determined the exchange rates between shillings of different nationalities between the colonies. Details are given explaining the rationale behind the established rates and citations of several laws discussing them are included from the administrative records of Massachusetts governor Sir Edmund Andros.
Publication Date
Volume
13
Part
3
Page Range
500-508
Proceedings Genre