This quieted the Land-Bank party for a while.

But the habit of issuing bills of credit continued, and was very seductive.
"In 1741, Rhode Island issued L40,000 in paper money, to be loaned to the inhabitants.

In 1717, New Hampshire issued L15,000 paper money.

In 1733, Connecticut issued L20,000 on the loan system for the first time, Rhode Island made another issue of L100,000." (Elliott's New England History, Vol.II., Chap, xii., p.

230.)] [Footnote 222: History of the Province of Massachusetts Bay from 1749 to 1774, p.