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Proceedings and Acts of the General Assembly, 1733-1736
Volume 39, Page 341   View pdf image (33K)
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7'he Upper House. 341


1736 in Order to consider upon proper Measures for the Advance-
ment of the Credit of the Paper Currency

U. H. J.

Present

Matthew Tilgrhman Ward Esqr
Members of the
Philip Lee Esqr
Upper House
Edmund Jemngs rLsqr


Philip Hammond Richard Francis
Members of the
William Stoughton Henry Hooper
Lower House

Robert King Joshua George


Who make Choice of the honourable Matthew Tilghman Ward
Esqr their Chairman, and also of Thomas Lynn their Clerk
Your Conferees having taken into their Consideration the State of
the Paper Currency and debated and considered of such Ways and
Means for the Advancement of the Credit thereof as hath occurred
to them, and being of Opinion that the best way to raise the Credit
of it is by makeing it more useful to do humbly propose that the Quit
Rents due to the Lord Proprietary and all Officers fees which are
payable in Tobacco be paid in that Specie after the following manner
Proposed That a reasonable Satisfaction be paid the Lord Pro-
prietary for his Quit Rents in Sterling money by a Tax upon To-
bacco, and that the Country agree with him for the said Satisfaction,
and in Case of any Deficiency the same be made good by proper Ster-
ling Funds
That the Lord Proprietary grant the Collection of the Rents to the
Country which shall be paid by the Inhabitants in Paper Money at
fifty p Cent Advance upon the Sterling Sums due for such Rents and
that a Person be appointed in Each County to collect the same
That proper Measures be taken to oblige the Masters of Ships to
return to the several Naval Officers very exact Manifests of their


Loadings containing not only the Mark and Number of hogsheads
shipt but the name of the Persons shipping such hogsheads and the
Place of their Residence; that the several Naval Officers make Copys
of Every such Manifest, and send the same to the Commrs of the
Paper Currency Office by some certain time
That the Persons appointed in Each County to collect the Rents
repair to the City of Annapolis at a time to be fixed for that Purpose
and bring with them the Money received of the Inhabitants for their
Rents and then from the Manifests returned to the Paper Currency
Commrs to be by them delivered make a regular and fair manifest
for Every County containing the hogsheads Shipp'd the Mark thereof
and the name of the Persons so shipping it in Each County
That they then shall deliver the Amount of Sterling money raised
upon the hogsheads shipt out of Every County & afterwards out of

p. 38



 
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Proceedings and Acts of the General Assembly, 1733-1736
Volume 39, Page 341   View pdf image (33K)
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