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Proceedings and Acts of the General Assembly, 1733-1736
Volume 39, Page 32   View pdf image (33K)
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32 Assembly Proceedings, March 13,1732/3-April 12, 1733.

U.H.J,
Lib. No. 33
p. 277

p. 278

Number, and Comparing them with their Counterparts, Distributing
the mony Enquiring into the nature and Value of Securitys, Inspect-
ing and Examining all Mortgages Bonds &c. Examining all Entries
and Accounts and Several other Services too Tedious to be here
mentioned which will greatly Add to the Pains and Trouble of the
Commissioners and ought to be Considered in their Salary
3dly That the Affair Cannot be Transacted in less than Thirty
one Years during which Time the Fortunes of the Commissioners
and their Sureties must be at Stake, which is a Hazard no prudent

Man would Run without a Reasonable Compensation, which may
be Allowed on this Occasion without Any Sensible Burthen to the
People by Encreasing the Amount of the Bills of Credit, to be
Emitted to what is now proposed; whereby a Sufficient Sum might be
Lent on Interest to raise more than Enough to pay the Commrs a
reasonable Salary and Defray all Necessary Charges, as before
mentioned and
4thly that the Clerk must be a person of Skill Probity and Dilli-
gence and must give great Security for the faithfull Discharge of
his Duty whose Time will be Entirely taken up in this Business at
least for Several Years; and whose Wages therefore ought to be
Considered as his Livelyhood and made proportionable to his Labour
and pains
Your Conferees propose that the Salary to Each of the Commrs
be the first year £100..00..0
Every Year afterwards 80..00..0
To the Clerk Yearly for the first two Years. 100..00..0
Every Year afterwards 80..00..0
Your Conferees propose that Unless it shall be thought proper to
pay Officers and Lawyers Fees in Bills of Credit instead of Tobacco
that their Fees be left out of the Bill; 1st Because they (the Officers
and Lawyers ) would be at an Incertainty what they shauld have for
their Fees, should it Remain in the Option of the Debtors whether
to pay money or Tobacco, which Your Conferees Conceive to be
Inconsistent with that Equality and Certainty which all Contracts
ought to be Attended with, and whereby none of the Contracting
Parties ought to have it in his power To Injure or impose on the
other which Could not Possibly be in the present Case should the
Rill stand as it is 2dly That should the Option remain as in the Bill
of paying money or Tobacco It would Occasion almost endless
Disputes between the Officers Lawyers and Sheriffs and their Sure-
ties about paying money instead of Tobacco, or Tobacco instead of
money, And 3dly That Altho all people who Deal in any Commodity
(Especially a Commodity so fluctuating in. its price as Tobacco)
and who are sure to Suffer by a Low Market, ought in Common
Justice to have an Equal Chance to gain by an Advanced Market,
when ever it should happen; Yet as the Bill stands an Officer or



 
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Proceedings and Acts of the General Assembly, 1733-1736
Volume 39, Page 32   View pdf image (33K)
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