View Mobile Site

Bulloch History with Roger Allen

First paper money draws suspicion

    In the very earliest days of the colony of Georgia, people didn’t have a national, or even a state currency, to use for the payments of debts and the purchase of goods. Only in the bigger cities were the coins of the realm (COR – also known as British Currency) used on a regular basis. Imagine, then, the suspicions with which early colonists viewed the first local  paper money as something unnatural. Many times crops like rice, tobacco, sugar or corn were used in a barter system of trade.


** Subscribers Log in to read this full article.

Subscribe to view this story. Subscriptions begin as low as $1.95.

Interested in viewing premium content?

A subscription is required before viewing this article and other premium content.

Already a registered member and have a subscription?

If you have already purchased a subscription, please log in to view the full article.

Are you registered, but do not have a subscription?

If you are a registed user and would like to purchase a subscription, log in to view a list of available subscriptions.

Interested in becoming a registered member and purchasing a subscription?

Join our community today by registering for a FREE account. Once you have registered for a FREE account, click SUBSCRIBE NOW to purchase access to premium content.

Membership Benefits

  • Instant access to creating Blogs, Photo Albums, and Event listings.
  • Email alerts with the latest news.
  • Access to commenting on articles.

Please wait ...