| PREVIOUS | NEXT | NEW SEARCH |
A Century of Lawmaking for a New Nation: U.S. Congressional Documents and Debates, 1774-1875
Journals of the Continental Congress --TUESDAY, SEPTEMBER 23, 1783
On motion of Mr. S[amuel] Huntington, seconded by Mr. [John Francis] Mercer,
Resolved, That a copy of the resolution of the 13th instant respecting Major General R. Howe, be transmitted to the Commander in Chief; and that he be directed to give orders relative to Genl. Howe and the troops under his command as he shall deem expedient [the General be requested to signify to the officers and soldiers of the detachment under the command of General Howe, that Congress are well satisfied with the promptitude and alacrity they discovered in executing the service on which they were employed.]3
[Note 3: 3 This motion, in the writing of Samuel Huntington, except the part in brackets, which is in that of John Francis Mercer, is in the Papers of the Continental Congress, No. 36, II, folios 245 and 247.]
The Committee [Mr. Theodorick Bland, Mr. Hugh Williamson, Mr. Richard Beresford] to whom was referred the letter of President Weare of the State of New Hampshire &c. Report,
Page 605 | Page image
That on examining the resolution of the 4th of Sept., 1782, they find that it is recommended to the legislature of the respective States to lay such taxes as shall appear to them effectual for immediately raising their quotas of 1,200,000 Drs. which when raised in each State shall be applied towards paying the interest due on certificates issued from the loan office of such State and other liquidated debts of the United States contracted therein before any part thereof shall be paid into the public Treasury. Your Committee are of opinion that no injury will arise to the public treasury by the State of New Hampshire being authorised to direct the loan officer of the said State to issue certificates of the interest due on loan office certificates for the year 1782, and that such certificates be receivable within the said state for the taxes laid in compliance with the requisition of the 4th of Septr. 1782. Provided, such loan office certificates shall have issue originally from the loan office of the said state. But your committee conceive that a similar indulgence is equally due to every other State in the Union, and that it would greatly facilitate the raising the taxes in them all, and therefore beg leave to submit the following resolutions.
Resolved, That the Legislatures of the respective States be authorised to direct the loan officers in their States, respectively, to issue certificates [under the authority of the State for] interest due on loan office certificates for the year 1782 [and other liquidated debts for one year] if demanded, provided such certificates shall have issued from their loan offices respectively and that the said certificates for interest thus issued [shall not bear interest but] may be received in discharge of so much of the quota of the requisition of the 4th of Septr. 1782 and be credited to the State respectively when paid to the Continental receiver who is hereby directed to return to the office of finance monthly a specific account of the Interest certificates by them received.
Resolved, That the nomination of Nathaniel Gilman of Exeter as loan officer to the State of New Hampshire is approved by Congress.
Resolved, That the loan officers in the respective states be and they are hereby directed to take in and liquidate agreeably to the scale of depreciation as fixed by Congress in their resolution of the day ofall certificates which shall be offered for that purpose and which shall have issued from their respective loan offices, and that they issue in lieu thereof certificates of the same tenor and
Page 606 | Page image
date (the nominal sums excepted) certifying the specie value agreeable to the aforementioned scale of depreciation.1
[Note 1: 1 This report, in the writing of Theodorick Bland, except the words in brackets, which are in the hand of Elias Boudinot, is in the Papers of the Continental Congress, No. 20, I, folio 29. The indorsement states that it was delivered August 25, entered and read, and, on September 23, debated and committed to Mr. S[amuel] Huntington, Mr. [Abraham] Clark, Mr. [Elbridge] Gerry. See post Oct. 1.
The following, without date, the first paragraph in the writing of Hugh Williamson, the second in that of Elias Boudinot, belongs to this period. It is on folio 33:
"That the President of the State of New Hampshire be informed, That, Whereas it is provided by an act of Congress of 4th. September, 1782, that the several sums to be raised by the States being their quota of 1,200,000 Drs. are to be applied towards the payment of Interest due on certificates issued from the Loan offices of such State and other liquidated debts of the U.S. contracted therein before any part thereof is paid into the public Treasury. The several States are thereby enabled to pay the Quotas of the Interest due to their respective citizens on L. O. Cs. or other liquidated debts, by issuing ether certificates for the interest which are not to bear interest but which shall be received in payment of taxes or by such ether means as to them shall appear most convenient.
Resolved, That the Presdt. of New Hampshire be informed in answer to his letter ofthat Congress consider the State of N. H. as authorised by the act of 4 Sept. 1782, to pay their own citizens 1 year's interest on all loan O. certificates and other liquidated debts in such manner as shall appear most most agreeable to them, and that the evidence of such payment will be received by the Sup. Fin. in part of their quota of the requisition of said 4th. Sept."]
PREVIOUS SECTION .. NEXT SECTION .. NAVIGATOR
| PREVIOUS | NEXT | NEW SEARCH |