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Barter, Bits, Bills & Tobacco: Money in Early Maryland

(1993)


Multi-Media Summary

For over a hundred years, tobacco was the Marylander's "eat, drink and money." Since England provided no coins for its American colonies, colonists were forced to use a variety of money systems. Lord Baltimore attempted to furnish his Maryland colony with his own coins, but his operation was brought to a quick end by the king. Concurrently, Maryland colonists used barter, foreign coins, tobacco notes and paper currency. Confusion prevailed, but the sot weed-tobacco-provided the backbone for a growing economy. Speaker(s): Willard R. Mumford.
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