answersLogoWhite

0


Best Answer

Actually, at the end of the Revolutionary War, the infant country was $25 million in debt to other countries and to wealthy persons who loaned much of the money that financed the War (when the government assumed all the debts it came to 79 million dollars, but assumption is another day). The Dutch, now Holland, but then called the Republic of Batavia, loaned Robert Morris, "The Financier of the Revolutionary War," almost $13 million. The balance of the money was loaned to the United States by other countries such as France and Spain, all enemies of England. The Continental Congress also floated promissory notes, promising to pay the buyer face value at the end of the War. Alexander Hamilton, First Secretary Treasurer of the United States, immediately went to Congress and urged that the War notes be paid. Of course his family, the Schuylers, the Van Rensselears, owned "the Lions' Share" of them and had bought them for pennies on the dollar. But that's another story.

User Avatar

Wiki User

7y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

10y ago

The monetary cost of the American Revolution was very high. The American s about 400 million dollars to pay their troops, while the English spent about 250 million pounds. France also had great expenses that were about 1.3 billion livres.

This answer is:
User Avatar

User Avatar

Wiki User

15y ago

about 15 million dollars

This answer is:
User Avatar

User Avatar

Wiki User

15y ago

the british war spent about $80 million

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

a lot

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much did the british spend in the Revolutionary War?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions