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86 Correspondence of Governor Sharpe.
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Letter Bk. I.
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it really is with Comparison to Bills at this time which would
have somewhat depreciated the Currcy tho the Law had not
passed; But the principal Reason of its being so much fallen
in Value is to be attributed to the Usurers being less able to
make Advantage of the necessities of the People by engrossing
what was designed to be perpetually circulating & delivering
it out at their own price to the People who could not do with-
out a Share of it to pay their publick Levies & Taxes, but not-
withstanding the Effect this Law has had on the paper Cur-
rency it is & will be still increasing till as you observe it be
taken at Thirty three & a Third as valued by the Law of 1733.
I cannot conclude this Topick without observing to you that
the Benefits which the People have experienced from this
Regulation of forreign Gold & Silver is so great as could it
have been foreseen would have left no Room for the Gentn of
the upper House to hesitate a Moment in giving their Consent
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p. 67
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to that as soon as to any part of the Bill. You have been
pleased to examine & consider the Arguments that have been
at several times advanced by both parties concerning the
Councillors Allowance & refer me to His Ldps Instructions,
wherein His Ldp is pleased to approve of the Councils making
a Concession in hopes of reconciling all Differences between
the two Houses concerning their several Claims for attending
the publick Service. To any Allowance as a Court of Appeals
or as a Council should they happen to sit in either Capacity
during any Session of Assembly, the Gent" of the Council long
since relinquished their Claims, but that Concession would by
no means satisfy the Expectations of the other House who
contend that the Council as a Council ought to receive no
Allowance or Salary at all (unless His Ldp should think proper
to reward their Services with any from his private purse) tho
for their Services while discharging their Duty to their Country
as an upper House they admit that they ought to receive a
Recompence. even those Concessions that the Lower House
insist on the Gentn of the Council in order to conciliate a
harmony are I am persuaded ready to make & to expect no
Consideration at all if His Ldp should be pleased to signify
such his pleasure or Inclinations. I hope you do not disapprove
of my past Conduct with respect to Mr Evans; for as I had
been informed that some notes relative to the Dispute con-
cerning our Boundaries might be collected from the Records
of New York, His Ldp's repeated Injunctions on me to send
any papers that could be obtained having any Reference there-
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p. 68
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to, made me very anxious to procure them by any means; for
that purpose I engaged him as he had before tendered his
Service as He seemed to be somewhat acquainted with the
Controversy, which no Person here of any Capacity whose
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