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State of Connecticut, 1781-82 Treasury Office Note Pair, One of the First Documents to Mention the "

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:160.00 USD Estimated At:280.00 - 450.00 USD
State of Connecticut, 1781-82 Treasury Office Note Pair, One of the First Documents to Mention the
SOLD
200.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Jan 18 @ 14:49UTC-5 : EST/CDT
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Hartford Connecticut...., 1781 and 1782. Pair of I/C Treasury Receipts for loans, one for 25 Pounds and the other for 11 Pounds, 5 Shillings and 5 Pence. Both were to be paid with interest "after the Expiration of the present War, or a Cessation of Hostilities between Great Britain and these United States." Signed by John Lawrence as Treasurer of the State of Connecticut. Black text with black border, black handwriting on back, and hole cancelled at center, Fine-VF condition with some staining and fragile fold lines on one piece. Financing the Revolution laid a heavy burden upon each colony, especially those which balked at levying taxes. In order to meet immediate needs, such as wages, the colonies relied upon wealthy revolutionists, foreign loans, and taxes and gifts from abroad. John Lawrence (1719-1802) served as treasurer of the Connecticut colony, and later as the Connecticut State Treasurer from 1769 to 1789, spanning the crucial period of colonial rule, through the American revolution, and into the early years of the United States. During the Revolutionary War, Lawrence was commissioner of loans for the new nation. Rare loan document pair and some of the first ones issued mentioning the "United States." (2)