Rainy and cold all day, and the Roads excessively muddy — Tallies
2d. Pepys' Diary, 234. note. 1. 12. May 1665. [1854 ed., H. Colburn, London] gives an account, of the use of Tallies (or notched sticks) in keeping the accounts of the English Treasury. It seems that the use of Tallies was continued until some 25 or 30 years ago. They were negotiable, and sold in the market, like our Treasury notes —
See Smith's Wealth of Nations, Book 2. Ch : 11.
SOURCE: Howard K. Beale, Editor, Annual Report of The American Historical Association For The Year 1930, Vol. 4, The Diary Of Edward Bates, pp. 10
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