Wednesday, October 16, 2013

Bum Fodder

Continental paper money. (From: Wikipedia)
"While Connecticut struggled to cope with constant enemy harassment on the home front, she also took part in a national drama, the collapse of the [Continental] currency. We have seen how continued depreciation during 1779 helped to confirm the imbalance between the demand for grain and the demand for currency that had begun in 1778. Natural disasters and enemy action contributed to the problem, but the root of it lay in a currency which one disgruntled resident of the state described as 'no Better than oak leaves & fit for nothing But Bum Fodder.'" (199) --Richard Buel, Jr., Dear Liberty: Connecticut's Mobilization for the Revolutionary War

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