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首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP2018年8月ANA#B-世界纸钞

Lot:30069 CANADA. Exchange, Quebec. 142 Pounds, 1815. P-UNL. PCGS Currency Very Fine 30 PPQ.

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世界钱币

USD 2000 - 2500

SBP2018年8月ANA#B-世界纸钞

2018-08-14 22:00:00

2018-08-15 03:00:00

USD 6300

SBP

成交

CANADA. Exchange, Quebec. 142 Pounds, 1815. P-UNL. PCGS Currency Very Fine 30 PPQ.Third bill of exchange for £142 payable to R & H Cosse at thirty days sight drawn on the accounts of Her Majestys Treasury in Whitehall, London authorized by William Robinson, Commissary General.<p><p>The Commissariat Department, which was subordinate to the Treasury, was responsible for supplying and provisioning troops and arranging payment for those supplies. It was divided into two branches: an accounts department, which sourced, procured and paid for supplies, and a stores department, which oversaw the storage, safeguarding and distribution of those supplies. During the War of 1812, the Commissary-General in Canada was William Henry Robinson. It was Robinson who was responsible for finding and distributing supplies to the troops being mobilized along the Canadian-American border from Vermont to Detroit. The Commissariat serviced three military districts, Quebec City, Montreal and Upper Canada, each run by a Deputy Commissary-General. Depots were set up at several spots throughout the colony in close proximity to military garrisons. They were run by clerks who were responsible for accounting as well as shipping and receiving goods, and by storekeepers who physically managed the goods. <p><p>Typically, tenders for provisions consisted of public notices placed in local newspapers, and anyone interested in selling their surplus could sell directly to the Commissariat. Tenders were awarded in February or March for delivery in August. The inadequacy of Canadian resources led to a steady demand for American provisions. In peace time, the Commissariat could purchase supplies from American farmers, but during the war that access was officially closed. There are many accounts, however, of active trading between Americans and Canadians during the war. In the Maritime provinces, which were experiencing none of the effects of the war, commerce with the New England states continued uninterrupted. Ports in Halifax, Saint John and St. Andrews were open to trade with the United States, and Nova Scotia and New Brunswick aided the other provinces with money, supplies and men. New Englanders, who did not support the war, openly contravened trade embargoes and continued supplying the British military with goods, livestock and other provisions. In October 1813, the Vermont Legislature repealed a law imposing penalties on those trading with Canada. Farther west, as soon as the St. Lawrence froze over, U.S. farmers drove their sleighs across the ice to take advantage of the high prices offered by the Commissariat. Whatever could not be acquired from American suppliers came from England: produce, meat, equipment, camp gear, uniforms, weapons and ammunition. Yet even supplies from England were insufficient.<p><p>The normal means of financing military expenditures was through the sale of bills of exchange drawn on the British Treasury. However this was not successful because commercial paper was heavily discounted owing to the lack of specie in Canada. The alternative was to issue legal tender notes that could be used as payment for any government debt. On 1 August 1812, a bill "to facilitate the circulation of Army Bills in Lower Canada" was passed, the Army Bill Office was opened in Quebec City, and £250,000 ($1 million) worth of notes in denominations of $4, $25, $50, $100 and $400 were issued as a means for paying for supplies. While Army Bills were used to pay local suppliers, bills of exchange, such as this one, were used to pay suppliers in London.<p><p>PCGS Currency Very Fine 30 PPQ.

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