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THBMAJOR GENERAL RICHARD CASWELL + WILLIAM BLOUNT North Carolina Financial Document
Lot 99
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About Auction
Live
By Early American History Auctions
Feb 27, 2021
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2021-02-27 12:00:00
2021-02-27 12:00:00
America/New_York
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Bidsquare : Black History & Slavery, Historic Autographs, Colonial America & Weapons
https://www.bidsquare.com/auctions/early-american-history-auctions/black-history-slavery-historic-autographs-colonial-america-weapons-6434
318 Lots of Rare, Historic Autographs, Americana, Civil War Era, George Washington, Abraham Lincoln, Slavery & Black History, Revolutionary War Era, Colonial America, Federal Period, War of 1812, Colonial Currency, Historic Early American Guns & more... Early American History Auctions auctions@earlyamerican.com
318 Lots of Rare, Historic Autographs, Americana, Civil War Era, George Washington, Abraham Lincoln, Slavery & Black History, Revolutionary War Era, Colonial America, Federal Period, War of 1812, Colonial Currency, Historic Early American Guns & more... Early American History Auctions auctions@earlyamerican.com
View Full Catalog (318)
- Lot Description
Autographs
1785 First Governor of North Carolina Major General Richard Caswell and William Blount Document Signed Regarding the Loss of 300,000 Paper Dollar Money in 1780 Recalculating "Value" at $175 to $1 in 1785 Funds!
MAJOR GENERAL RICHARD CASWELL (1729-1789). First Governor of North Carolina, Representative to the Continental Congress of 1774 and 1775, Commander of N.C. Militia at the Battle of Camden.
WILLIAM BLOUNT (1749-1800). U.S. Statesman, Blount served as a Delegate to the Constitutional Convention for North Carolina, was the First and Only Governor of the Southwest Territory; Senator for Tennessee; First U.S. Senator Expelled from the Senate and outside of the American Civil War.
May 11, 1785-Dated Revolutionary War Era, important content Autograph Document Signed, "R. Caswell" as NC State Comptroller and dealing with Lost 300,000 Paper Dollar Money in 1780, handled by prior Comptroller (also Signed on the verso in receipt) by William Blount, Very Fine. This Autograph Document Signed, "R. Caswell" Compltr., 1 page, measuring 9" x 13.25" at Kingston (NC). This Historic Document has truly excellent and important content, concerning the Continental Army's Loss Of 300,000 (apparently printed Continental Currency Paper Money Notes), at the Disastrous Battle Of Camden, which was the responsibility of 1780 prior NC militia Comptroller, William Blount. This Document, Signed by Richard Caswell as current NC Comptroller in 1785, deals with finally resolving and settling that issue, inclusive of some other prior funds accounting, ultimately with a payment being due and paid to William Blount by the State. This great content Document reads, in part:
"State of North Carolina --- This Certifies that William Blount esqr.: late paymaster - General of the Militia of this State exhibited his Account into the Comptrollers Office, upon oath, whereby it appears that he charged for 300,000 Paper dollar Money lost on the 16th of August 1780. Which at 175 for 1 (being the rate at which the Money was charged him in his former Account settled in this Office) amounts to 1714.5.4 - For his Service in Congress 2 Months at 80 per Month 640 -- And for the amount of Major General Caswell's Supplementary Account 462.18.6 - Making in the whole the Sum of -- 2817.4.0... (Other deductions listed) ... leaves a Balance of 1460.17.0 --- One Thousand four hundred & Sixty Pounds Seventeen Shillings due to him from the Public, for which I have Granted him an Indented Certificate No. 290. -- Given at Kingston the 11th day of May 1785 - (Signed) R. Caswell Comptr." Also, Signed in receipt on verso by William Blount.
During the Revolutionary War, William Blount served as regimental paymaster for the 3rd North Carolina Regiment. In this capacity, he fought alongside Washington's main army in the defense of Philadelphia, an important battle that helped convince France to support the Revolution openly. Following this engagement, Blount returned home, serving first as chief paymaster of state forces and later as deputy paymaster general for North Carolina.
Upon the fall of Charleston, South Carolina, Blount helped to organize and serve with a North Carolinian militia. As a member of the North Carolina militia under the command of this document's other signer, Richard Caswell, he was present at the disastrous battle of Camden on August 16, 1780. At this battle, General Horatio Gates hastily engaged British forces under Charles Cornwallis, and, due in large part to the untrained nature of the North Carolinian militia, saw his forces decimated in less than one hour. In the ensuing confusion, General Gates hastily departed the field along with many of his men, leaving behind not only seven guns, but also all American stores and baggage, a heavy loss that included the staggering sum of 300,000 noted in this document.
This fine American Revolutionary War related financial Document speaks to the inflation of Paper Money of Continental Currency notes lost to the British enemy and enjoys a great association of Two prominent North Carolina figures present at the disastrous Battle of Camden. Well written in rich brown on laid period paper, with few minor pinholes, some slight scattered toning not affecting its legibility, tipped at edges to a prior paper frame not affecting overall aesthetics being overall pleasing and Very Fine.
During the Revolutionary War, William Blount served as regimental paymaster for the 3rd North Carolina Regiment. In this capacity, he fought alongside George Washington's main Contiental Army in the defense of Philadelphia, an important battle that helped convince France to support the Revolution openly.
Following that engagement, Willaim Blount returned home, serving first as Chief Paymaster of NC State forces, and later as Deputy Paymaster General for North Carolina.
Upon the fall of Charleston, South Carolina to the British, Blount helped to organize and serve with a North Carolinian Militia. As a member of the North Carolina militia under the command of this Document's other signer, Richard Caswell, Blount was present at the disastrous Battle of Camden on August 16, 1780. At this battle, American Major General Horatio Gates hastily engaged British forces under Charles Cornwallis, and, due in large part to the untrained nature of the North Carolinian militia, saw his forces decimated in less than one hour.
In the ensuing confusion of the battle, retreating American General Gates hastily departed the field along with many of his men, leaving behind not only seven guns, but also all American stores and baggage, a heavy loss that included the staggering sum of 300,000 in Paper Dollar Money (Continetal Currency), specifically noted in this Document.
Our Auction Contents:
Black History & Slavery: (Lots 1 - 63)
Abraham Lincoln Related: (Lots 64 - 74)
Historic Autographs: (Lots 75 - 235)
Colonial America: (Lots 236 - 261)
Revolutionary War: (Lots 262 - 304)
George Washington Related: (Lots 305 - 306)
Early American Guns & Weapons: (Lots 307 - 318) - Shipping Info
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