Sunday, March 24, 2013
NOVEMBER 7 1775 - QUAKERS OF PHILADELPHIA REFUSE TO ACCEPT “CONTINENTALS”
1775 - QUAKERS OF PHILADELPHIA REFUSE TO ACCEPT “CONTINENTALS”
The Continental Congress issued their own money, “continentals,” to facilitate economic transactions during the time of the American Revolution. The money was used in large part to pay for the war, since British and Spanish money was in short supply. Continentals helped the colonists win the war. As pacificts, however, Quakers of Philadelphia argued beginning on this day they couldn't touch money created to fight a war.
Posted by Greg Coleridge at 10:14 PM