Some considerations on the bills of credit now passing in New-England. Addressed unto the…

3. If this be made Currant, the Credit of the Colony will rise to the utmost height of it's ability on all Extraordinary Emergencies; whereas otherwise you may be quickly Distressed; for if the Soldiers cannot put off their Pay to Supply their necessities, who will hereafter serve the Country in their greatest Dangers, and if the Merchants cannot Buy as well as Sell for Credit, how shall they carry on their Trades? and how shall they […] end upon great occasions if the Countries Bill lie dead on their hands? surely they'll no more trust the Country, whatever sudden need we should have, unless on the bare consideration of their own Security.

3. If this be made Currant, the Credit of the Colony will rise to the utmost height of it's ability on all Extraordinary Emergencies; whereas otherwise you may be quickly Distressed; for if the Soldiers cannot put off their Pay to Supply their necessities, who will hereafter serve the Country in their greatest Dangers, and if the Merchants cannot Buy as well as Sell for Credit, how shall they carry on their Trades? and how shall they 〈…〉 end upon great occassions if the Countries Bill lie dead on their hands? surely they'l no more trust the Country, whatever suddain need we should have, unless on the bare consideration of their own Security.

There is indeed a way found out by poor mens Necessities to make the Bills passant; namely by Selling them at Under-rates. Thus the poor Soldier is horribly injured, who have adventured their Lives in the public Service, and the Government made •••mptible as not worthy to be trusted. I remember many years since, there was such ⟨p. 8⟩a prank plaid in England and Ireland after the War. Some bought up the Soldiers Debentures at very low Rates, and then with half Debentures and half Money purchased great Estates in Kings and Bishops Lands, (a fine Trade they made of it if it had held) but God shook his Lap at this dishonest and interloping gain; and a great unexpected Revolution made them lose both their Lands and Money. Thus the woman shook her Dog by the Collar, till she made him Disgorge again all her Puddings.