Early Paper Money of America / Rhode Island / 1750/51 March 18, redated 1755
75,000 ounces of silver of sterling alloy (£240,000 Old Tenor) in Bills of Credit issued pursuant to the Mar., June, Aug., Sept., and Dec. 1755 Acts for the expedition to Crown Point. Printed from the same faceplates as the Mar. 18, 1750/51 issue with "1755" added without disturbing the prior date, and "Crown Point" added to the text of the typeset back. By 1755 depreciation had resulted in 85s Old Tenor being equal to one ounce of silver. Signers were the same as the Mar. 18, 1750/51 issue plus Daniel Updike.
