70 Assembly Proceedings, Feb. 22— Mar. 26, 1755.

L.H.J.

Liber No. 48
March 10

Table; and (thus) By the Upper House of Assembly, March 10,
I 75 5, Read the second Time, and will not pass.
Signed per Order, J. Ross, Cl. Up. Ho."

And, the following Message, viz.
By the Upper House of Assembly, March 10, 1755
Gentlemen,
After duly considering the Bill that you were pleased to send to
us, under the Title of An Act for raising a supply towards his
Majesty's Service, we have thought fit to return it with a Negative,
for Reasons which we hope will, in your Opinion, justify our Re-
fusal of that Bill, and incline you to frame a less exceptionable One
for the important Service, which, by this, you proposed to promote.
To that Part of the Bill which directs the Issuing and making Cur-
rent, the Sum of £4015: 6: 0: as an additional Sum to the Bills of

p. 53

Credit that have been made Current, and is at present in Circula-
tion, according to a Law of this Province, enacted in the Year 1733
we object, because we are persuaded, that an Emission of such a
Number of new Bills manifestly tends to depreciate the Credit of our
Paper Currency, which we think it the Duty of each Branch of the
Legislature, for many obvious and weighty Causes, to support: We
observe also, that to answer the Purposes of this Bill, the several
Sums now lent on Loan according to the Intent and Direction of the
said Law of 1733, must be called in, which we apprehend would,
in some Proportion, lessen the Security, or Fund, of our Currency.
To repay the Loan Office Part of the £10,000 we observe, that the
Bill appropriates the Fines and Forfeitures accruing from Ordinary
Licences, which, had we no other Motives to object to that Part of
the Bill, and to such an Appropriation, we think are too far mort-
gaged already to be subjected to the Payment of other Monies, of
which we remember the late House of Delegates were convinced,
when they insisted, about a Year since, that the Ordinary Licence
Fund was too far engaged to be made liable to the Payment of so
small a Sum as Five Hundred Pounds.
And, Gentlemen, As we think the Bill now returned you in many
Parts improper, so we conceive that some Parts of it, if passed into
a Law, would be so far from promoting the End which we suppose
is designed, that hardly any Thing could be imagined more destruc-
tive thereto. As a Means of preventing the farther Encroachments
of his Majesty's Enemies, on these his American Dominions, we
apprehend we ought to encourage the Settlement of the back and
remote Parts of this Province, and his Majesty's Lands behind us,
with good British Subjects, at the same Time that his Majesty's
Troops are employed against the Enemies, who have presumed to
encroach on and build Fortresses within his Majesty's Territories ;
but we cannot prevail with ourselves to believe, that this Bill will have