I was reading about New Style and Old Style dates, and I thought about the deletion of dates during the transition. From Wikipedia's article on the Gregorian calendar:
When the new calendar was put in use, the error accumulated in the 13 centuries since the Council of Nicaea was corrected by a deletion of 10 days. The Julian calendar day Thursday, 4 October 1582 was followed by the first day of the Gregorian calendar, Friday, 15 October 1582 (the cycle of weekdays was not affected).
And later, such as in the British colonies in 1752, the prior year was a short 282 days (a deletion of over 80 days).
So, how were debts, such as accrued interest loans, fixed/balloon payments, etc handled? If this kind of change were to occur today and suddenly 10 days were deleted and it suddenly went from May 21st to June 1st, I'd have a check of a time making the mortgage payment. Were loan terms adjusted for the new calendar? Or did the government reduce its tax rates temporarily? How did the economies at the time adjust to this?
in the British colonies in 1752, the prior year was a short 282 days (a deletion of over 80 days)
from?England, Ireland and the British colonies changed the start of the year to 1 January in 1752 (so 1751 was a short year with only 282 days)....
And I did a simple subtraction of 365 - 282. And now that I think about it, a deletion of 80+ days doesn't make much sense. If the calendar was off by 10 days in 1582, going another 170 years doesn't increase the error by that much. I wonder how they claimed a 282 day year?