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A Century of Lawmaking for a New Nation: U.S. Congressional Documents and Debates, 1774-1875
Journals of the Continental Congress --WEDNESDAY, APRIL 9, 1783
The committee, consisting of Mr. [Oliver] Ellsworth, Mr. [James] Madison and Mr. [Thomas] Fitzsimmons, to whom was referred a motion of Mr. [Abraham] Clark, report, that an amendment be made in the report on finance, by inserting the following clause:
"That certificates for interest due on loans and other liquidated debts of the United States, to be granted if applied for, under such regulations as Congress or the Superintendent of finance shall establish, shall be received as specie, in payment of the said one million five hundred thousand dollars."2
[Note 2: 2 This report, in the writing of Oliver Ellsworth, is in the Papers of the Continental Congress, No. 26, folio 407.]
A motion was made by Mr. [Abraham] Clark, seconded by Mr. [Eliphalet] Dyer, to postpone the consideration of the report, in order to consider the following amendment:
"That every State shall be credited out of the last mentioned revenue for all interest by them to be hereafter respectively paid on loan-office certificates, and other liquidated debts of the United States:"3
[Note 3: 3 This motion, in the writing of Abraham Clark, is in the Papers of the Continental Congress, No. 26, folio 409. The vote on both the postponement and the question to agree is on the same folio.]
And on the question for postponing, the yeas and nays being required by Mr. [Abraham] Clark,
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So it was resolved in the affirmative.
On the question to agree to the amendment moved by Mr. [Abraham] Clark, the yeas and nays being required by Mr. [Abraham] Clark,
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So it passed in the negative.
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The question being taken on the report of the committee, passed in the negative.
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