n to be a strong Tory.
Then there were those who were neither Patriot nor Loyalist; they were
just indifferent to the cause for American independence, and thus
insisted on cash, even though six months' credit was the common
practice just prior to the war. In 1771 in Philadelphia one druggist
regularly gave a 15 percent discount on all purchases if paid within
six months and 7-1/2 percent discount was allowed for payments between
six and nine months, but interest was expected on all debts over a
year's standing.[102]

The business-minded members of Congress tried to follow prewar methods
by seeking credit. Merchants who sold on credit found that, when they
finally were paid, they received paper money backed only by a promise
to exchange for gold and silver at some future time. Furthermore, they
were caught in a spiraling inflation, and often found that when they
finally received their money from Congress it then would cost them
twice as much to replenish their stocks. Medical supply officers
therefore found it necessary to pay ready cash for merchandise out of
their own pocket, and sometimes they had to wait six months for
reimbursement from Congress.

As we have noted, by the fall of 1776 Boston had become a better
source of supply of drugs than Philadelphia, although it had been
occupied by the British for nine months and Morgan had removed most of
the drugs left there the previous May. This was primarily due to a
single factor--the American privateer. British shipping was vulnerable
to the American privateers, which were fast vessels well suited to
this kind of enterprise. Well over 1,000 captures were made during the
war by Massachusetts privateers alone, and the arrivals of rich prize
ships at New England ports became frequent.[103]

The Greenleaf ledger confirms that drugs were included in some of
these prize ships. On December 14, 1776, Greenleaf records the receipt
of L62 from the Massachusetts government in payment for "an invoice of
Druggs taken from the prize ship Julius Caesar." Greenleaf received an
even larger stock "of druggs taken in the prize Brig Three Friends"
in March 1777. This was valued at over L170, and was also used by
Massachusetts to pay on its account with Greenleaf, largely for
outfitting its privateers.[104]

On June 30, 1777, J. G. Frazer of Boston wrote Dr. Potts, still at
Ticonderoga, as follows:[105]

I have the pleasure to give you this Early notice of a prize ship
bein