2021., Research in Economic History, Christopher Hanes, Susan Wolcott
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By Peter Stadnitski
Translated by Peter Veru
Because I will offer an investment of money to the public on a fund, which is new and almost entirely unknown, I am obliged to let it be known by means of a detailed report. To this end, I will divide this message into two parts. First, I will describe the essence and nature of this fund. Second, I will explain why I hold it to be a solid investment. To understand the essence and nature of this fund, one should know that in the year 1775, when the inhabitants of British North America began to throw off the yoke of English rule, they were not equipped with weapons, magazines, and especially a treasury and so money – the lifeblood of war – was lacking; while in contrast their enemies were well equipped with soldiers, money, and weapons. The love of country and of freedom, which they sought to defend, compensated for the notable lack of everything else.
