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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.

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