On the record
The Virginians, on their part, found the giving of new notes a convenient way of canceling old obligations and thus piled up mountains of debt which they found hard to remove.
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gutenberg.orgThe Virginians, on their part, found the giving of new notes a convenient way of canceling old obligations and thus piled up mountains of debt which they found hard to remove.
Beveridge discusses how Virginians managed their debts by issuing new notes to cancel old ones.
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