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Proceedings and Acts of the General Assembly, 1737-1740
Volume 40, Page 48   View pdf image (33K)
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48 Assembly Proceedings, April 26-May 28, 1737.

L. H. J.
Lib. No. 45

(great part of which is Cut into Small pieces for the Conveniency of
Change) and reckoned accordingly to the Common Computation
not warranted by any Law the ounce at £4.. 2...6
Whereas Gold is worth Intrinsically nor more than 3.. 18.4
So that my loss at this rate would be in every ounce 1
of Gold .. 4
This would not be all for the Paper Currency has already (tho
not in Circulation) raised the Value of Bills of Exchange which is
not Doubted will reach to 40 p Cl or more so that I must Either
Have the money remitted in Specie with the Loss above mentioned
and pay Freight and Assurance or loose by Converting this mony
in the Country into Bills of Exchange p Cent at least £6...13...4
To A Void these Disadvantages my agent must give, possitive
orders to the Receivers of every Branch of my Revenue payble in
Sterling mony that when they receive foreign Gold no more be
allowed for it than the Intrinsick Value wch is p ounce of such as is
Cut into Small Bitts £3..10..0
because great frauds have been Discovered by passing Bitts of
Brass &ca for Gold whereby very Cautious people have been much
Imposed on
Copy .... Benja Tasker

The Question was put whether Leave shall be now given to bring
in a Bill to Repeal the act for Limitation of Shipping Tobacco or
not resolved in the Affirmative.
The. Committee of Laws ordered to prepare a Bill accordingly
A Bill Entituled an Act for aiding some defects and Imperfections
in the Probate of Last Wills and Testaments was brought in read the
first time and Committed for amendments
Benjamin Tasker Esqr from the Upr House Delivers Mr Speaker
a Bill Entituled an act for the Explaining and Carrying into Execu-
tion an Act Entituled an act for laying out and Applying three Thou-
sand five hundred pounds Current money of Maryland to the uses
therein mentioned.
Indorsed by the Upr House of Assembly 9th May 1737
Read the second time and will pass
Signed p order J Ross Cl Upr Ho.

Which Bill was read here the first time & ordered to Lye on the
Table.
Ordered that the Clerk of this House Issue Summons for Mr Philip
Thomas Mr John Galloway and Doctor Samuel Chew all of Ann
Arundell County to attend this House on the morrow

p. 694

James Holliday Esqr from the Upr House Delivers Mr Speaker
a petition of Lewis Duvall of Ann Arundell County praying leave to



 
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Proceedings and Acts of the General Assembly, 1737-1740
Volume 40, Page 48   View pdf image (33K)
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