answersLogoWhite

0

They printed their own until the Currency Act of 1764 was passed by Parliament.

Land owners would pledge their property for a sum equal to twice the estimated value of their land for a set number of years. It is claimed by some that this system which operated for 50 years did so better and more efficiently then any system used since.

User Avatar

Wiki User

7y ago

What else can I help you with?