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Chapter 7:
People without a government.
August—December, 1778.
early in the year
George the Third had been
advised by Lord Amherst to withdraw the troops from
Philadelphia, and, in the event of the junction of
America with
France, to evacuate New York and
Rhode Island;
1 but the depreciation of the currency, consequent on the helplessness of a people that had no government, revived the hope of subjugating them.
The
United States closed the campaign of 1778 before autumn, for want of money.
Paper bills, emitted by congress on its pledge of the faith of each separate state, supported the war in its earliest
period. Their decline was hastened by the disasters that befell the
American armies.
Their value was further impaired by the ignoble stratagem of the
British ministers, under whose authority Lord Dunmore and others introduced into the circulation of
Virginia and other states a large number of bills,