The Tabular Standard in Massachusetts History

Willard C. Fisher

The Quarterly Journal of Economics, 1913, vol. 27, issue 3, 417-454

Abstract: First suggestion of tabular standard erroneously credited to theorists, 417. — Found earlier in Massachusetts history, 419. — In an act of 1747, closing the struggle to adjust depreciated bills of credit, 425. — New movement starts in the Revolutionary period, 427. — Depreciation of bills and rise of prices distress soldiers, 430. — Failing to fix prices, States raises pay, 432. — Finally pay is raised in close conformity to computed rise of prices, 435. — A tabular standard printed on notes, 1780, 437. — The determination of the table, 439. — Imperfect administration, 441. — Scant returns of official prices, 443. — Notes refunded and law repealed, 446. — Adoption of table in other relations, 448. — Comment, 449. Appendix I, Table of Depreciation, 452; II, President Langdon's Account, 454; III, Fac-simile of a Note, 455.

Date: 1913
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