1The Nature and Necessity of a Paper-Currency, 3 April 1729 (Franklin Papers)
A Modest Enquiry into the Nature and Necessity of a Paper-Currency. Philadelphia: Printed and Sold at the New Printing-Office, near the Market. 1729. (Historical Society of Pennsylvania) Pennsylvania’s first experience with paper currency came in 1723 with the passage of two acts which provided for issues of bills of credit totaling £45,000. Except for £7,500 allocated to governmental agencies...