Among the several despatches I had the honor to transmit to your Lordships, relative to the proceedings of the last general Assembly held at Newbern in November last, I omitted acknowledging the receipt of your Lordships letter, bearing date November 29th 1765, wherein was inclosed his late Majesty's instructions to Governor Dobbs, dated Kensington, the —— day of —— 1759. This despatch did not reach me till the meeting of the above Assembly, and as the Act for the edifice for the governor, for the time being was then in agitation, I did not attempt to get the amendments in the Act of Assembly passed in 1754, carried into execution, not seeing the same necessity for such a measure, as when the instruction was sent to Governor Dobbs. I esteemed it very material for the credit and interest of this province that the governor should have a fixed and commodious place of residence for doing publick business: The itinerant publick Assemblies having been a great source of the contentions in this province.
When Governor Dobbs received his Majesty's instructions above recited it was the practice of the courts of law upon the recovery of any sum due, to give judgment for the debt to be paid, not ad valorem of the then exchange of proclamation money, but according to its legal tender, that of £133⅓ proc. for £100 sterling, This was the grievance the merchants labored under and complained of, but as that method was overruled in the superiour court of justice some time before I arrived in the province, and has ever since been constantly the practice to allow the merchant upon the recovery of his debt ad valorem and not according to the legal tender, the merchants can have no longer reason to complain, unless the currency is still a legal tender.
I must desire leave to refer your Lordships to Mr Waller partner with Mr Bridgen in Pater Noster Row, He has been many months in this province collecting his debts and is but just returned to England. He will be able to give your Lordships better information of the nature of the trade between merchant and planter than I presume to do.