Your Excellency will receive herewith enclosed an Act of Congress of the 18th Inst., calling upon the several States to bring in the Continental Currency by monthly taxes, or otherwise, as shall best suit their respective circumstances in proportion to the Quotas assigned to each State by the resolution of the 7th of October, 1775, and making provisions for other Bills to be issued in lieu thereof under the restriction and regulations in the act.
This act is the result of much labor and deliberation, as the happiest expedient that could be adopted to extricate these States from the embarrassments of a fluctuating medium, and at the same time in some measure afford the necessary means for supporting the ensuing campaign. You will readily perceive the
It is requested that there may be no delay in taking this act under consideration, and that the Assembly, if not sitting, may be convened as soon as possible for that purpose, and that the Laws that may be enacted in pursuance thereof be transmitted to Congress without delay. The new Bills will be struck under the direction of the Board of the Treasury and sent to the several States in due proportion.
You have also enclosed an act of Congress of this day, recommending the revision of such laws as may have been passed, making the Continental Bills a Tender in Discharge of Debts, &c.,