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Who make choice of and appoint the honble Benedict Calvert
Esqr Chairman and Robert Couden Clerk and agree to make the
following Report
Your Committee having Carefully examined and inspected the
Accounts relative to the Fund in England Established by Act of
Assembly for Sinking the Bills of Credit of this Province, do find
that the Trustees in England have transmitted their Account to the
Commissioners of the Loan office dated London the 13th of March
1760 acknowledging £27500 Capital Stock in the Bank of England
in their Names belonging to this Province which by the Said Ac-
count Cost £36,245 Sterling Cash Your Committee likewise further
find by the same Account a Ballance due of £484..11.11 Sterling
in the Bank not converted into Capitol Stock; Your Committee also
take leave to Set forth a Paragraph of the Said Trustees Letter
dated London March 15:th 1760 accompanying Said Account in
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the following Words, All the Bills of Exchange that are come to our
hands arc paid CACcpt two remitted to Us from Mr Richard Lee one
for £226.. 14.. the other £150 dated 22d September 1759 drawn by
Dan. Campbell payable at 90 Day Sight to the Order of Daniel
St Thomas Jenifer, Value received of him in Tobacco on John Stew-
art and C:o which two Bills does not become payable until the six-
teenth next Month, and indorsed by said Lee to William Hunt or
order for the Use of the Province of Maryland, We think it our Obli-
gation to give you this Information, that you may judge whether or
no it is Consistent with your Law made for issuing and paying Your
paper Currency If the Collectors send us such Bills for that Account
We know not how we can avoid them when they come into our hands,
and if it is to be remedied it must be done by your Government
only
Your Committee also further find the following Bills appearing
by the Naval officers Accounts to have been remitted by them to the
Trustees in London for which the said Trustees have given no
Credit Viz
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p. 472
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