Expedition Against Louisbourg

HISTORY OF AMERICAN CURRENCY. EXPEDITION AGAINST LOUISBOURG. 33 The governor now took it into his head to capture Louisbourg, on Cape Breton, from the French. The New England colonies joined in this enterprise. Nothing more was heard of the royal instructions, but bills were issued as they were needed to prepare this expedition. It was popular, as all expeditions against the French were popular. It appealed to the love of adventure—always great in a new country, and it met the wishes of those who wanted more paper. All the authorities agree that the enterprise was wild and reckless, and that it only succeeded by a succession of strange and lucky accidents. However, succeed it did ; the town was captured, and the colonies were greatly elated by their military glory. As a result of this expedition the paper issues of the colonies in 1749 reduced to old tenor, were: Massachusetts ^2,466,712 Connecticut 281,000 Rhode Island 550,000 New Hampshire 450,000 2* 34 HISTORY OF AMERICAN CURRENCY.