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About: Paper Money Riot     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : dbo:MilitaryConflict, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: military conflict New Facet based on Instances of this Class

The Paper Money Riot, or Exeter Rebellion, was an armed uprising in Exeter, New Hampshire, on September 20, 1786. Following the American Revolution, the nation, states, and many individuals were deeply in debt. The lack of specie and paper currency in circulation made the payment of debts difficult for poor farmers. A group calling themselves Regulators called for the printing of paper money, believing that issuing paper notes on credit would help to stimulate the state's economy.