Quit-Rents and Currency in North Carolina 1663-1776

Edwin Wexler Kennedy’s ’Quit-Rents and Currency in North Carolina, 1663-1776’ is a classic study of the monetary economy of colonial North Carolina. Drawing on a wealth of archival evidence, Kennedy explores the development of the colony’s unique system of quit-rents - rents paid by tenants to landlords for the use of land - and the role of paper currency in the colonial economy.

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