Definição

• By an Act of the Assembly of the State of Maryland, of May 10, 1781, there was an issue of bills to which was given the name of Red Money. This differed from previous issues in having the border of the notes printed in red. About ?200,000 in face value was issued, and it was based upon the confiscated lands of British subjects in Maryland of an esti- mated value of ?500,000. Most of this confiscated property was in lands, for which there was not a ready market, and the greater portion was disposed of on credit, and final settlement was not effected until long after the war was over.

Fonte

• Frey's Dictionary (American Journal of Numismatics, Vol. 50, 1916)

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