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New Hampshire Treasury



On November 22, 1777, the U.S. Congress passed a resolution that recommended that state legislatures encourage subscriptions to be opened for the loan of money to the Continental Treasury to help finance the war effort. Loan office certificates were first signed by a Continental treasurer and were then sent to loan officers in each state to be sold to investors. Once issued, the certificates could be bought and sold (though they were not used as currency). In 1787, the Continental Loan Offices were renamed United States Loan Offices.

To pay the debts of the Revolutionary War, Congress also levied excise taxes on distilled spirits, tobacco and snuff, refined sugar, carriages, property sold at auctions, and various legal documents. On July 4, 1789, the first Congress of the United States passed the Tariff Act which authorized the collection of tariff duties. During the confrontation with France in the late 1790's, the Federal Government imposed the first direct taxes on the owners of houses, land, slaves, and estates. To raise money for the War of 1812, Congress imposed additional excise taxes, raised certain customs duties, and raised money by issuing Treasury notes. In 1817 Congress repealed these taxes, and for the next 44 years the Federal Government collected no internal revenue. When the Civil War erupted, the Congress passed the Revenue Act of 1861, which restored earlier excises taxes and imposed a tax on personal incomes.

Nicholas Gilman was born on October 21, 1731. He was the Continental loan officer of New Hampshire, as well as the receiver general who issued currency. In addition he was the treasurer of the State of New Hampshire from 1775-1782 and a Councilor of the State from 1777-1783. Gilman died on April 7, 1783.

Found in 5 Collections and/or Records:

Manchester, NH Highway Tax Book

Identifier: 003335
Codex 003335
Date(s): 1837-04 to 1841-04

Highway tax book for Manchester, NH containing lists of names of individuals required to work on highway rehabilitation until their assessement has been paid off in labor.

New Hampshire Treasure receipt

Identifier: Mss 785168
Mss 785168
Date(s): 1785-02-18

In English.

New Hampshire Treasurer Account for Deficiency of Soldiers

Identifier: 003354
Codex 003354
Date(s): 1785 to 1788

New Hampshirer Treasurer account book for deficiency of soldiers which have not been settled for at the Treasury, May 23, 1785.

New Hampshire Treasurer receipt

Identifier: Mss 781423
Mss 781423
Date(s): 1781-07-23
Scope and Contents

Receipt from the New Hampshire Treasurer to the Selectmen of Exeter, NH for £558/8/6, in part payment of the taxes of Exeter.

New Hampshire Treasury account book collection

Identifier: MS-1293
Date(s): 1777 to 1868

State of New Hampshire Treasury records. (1777-1868). The collection contains three account books of the State of New Hampshire.

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