On the Report of a Grand Committee consisting of a Member from each State.
Resolved:
That one million two hundred thousand Dollars be Quoted on the States as absolutely and immediately necessary for payment of the Interest of the Public Debt and that it be recommended to the Legislatures of the respective States to lay such Taxes as shall appear to them most proper & effectual for immediately raising their quotas of the above sum.
Resolved:
That the money so 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.
Ordered:
That the foregoing Resolutions be referred to the Grand Committee to assess and report the quota of each State.