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History of the State of New York, Vol. I (1609-1691)

Brodhead, John Romeyn. History of the State of New York, Vol. I (1609-1691). New York: Harper & Brothers, 1853. 254 words

56.

Heretofore there has been no currency but Wampum among the common people, in New Netherland ; the Wampum which formerly passed at the rate of four for a stiver, was reduced to six. We are not aware of any other but the Dutch ell, measure and weight, being in use; and an order was issued, last summer, that all the inhabitants should bring their weights into the Company's warehouse, to be stamped anew there.

57.

No complaint has been heard against the Company's grain measure.

58.

The petitioners ought to prove that the Director trades on his own account, or allows trading in articles of contraband. If he sell merchandise, or cause any to be sold, 'tis his business and 'twill appear in account, and be charged to the Company.

59.

We are informed that no person is constrained to pay; but those indebted to the Company are requested so to do. And it can be proved by the books, that the debts were incurred previous to tlie war, and accrued from clothing, provisions and other necessary supplies advanced by the Directors to the people who went from Holland the most of whom now ;

can pay. Where the principal is refused, 'tis fair that interest be paid, the rather as the Company itself pays interest. 60.

'Tis strange that these petitioners should say the Company's debts are not paid, inasmuch as they think those indebted to the Company ought not to pay their own debts; as shown in the preceding article. 61.