Adams Family Correspondence, volume 6

Thomas Jefferson to Abigail Adams

Cotton Tufts to Abigail Adams

4.

Pierce's notes were the final settlement certificates issued to troops of the Continental Army after Congress assumed their claims in 1783. They bear the signature of Paymaster General John Pierce, and earned 6% interest. Soldiers frequently sold them at a discount for cash. See E. James Ferguson, The Power of the Purse, Chapel Hill, 1961, p. 179–180; William G. Anderson, The Price of Liberty, Charlottesville, 1983, p. 96–97.