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Resolutions by the North Carolina General Assembly concerning printing paper currency
North Carolina. General Assembly
January 15, 1768
Volume 07, Pages 682-683

Resolutions of the Assembly, and concurrence of the Council, of
No. Carolina.

This House taking into consideration the present distressed situation of this Colony, for want of a currency to answer the purposes of paying their internal Taxes, and of a medium in Trade.

Resolved that Mr Maurice Moore, Mr Cornelius Harnett, and Mr Robert Howe, or a majority of them be a Committee of this House, in conjunction with such of His Majesty's Council as shall be by them appointed, to draw up a petition to His Majesty, for leave to emit a currency to the amount of £75,000 sterling, to be equal in value to £100,000 Proclamation money, to be in circulation for sixteen years.

Resolved that the Committee set forth in the Petition to His Majesty, as the sense of this House, that such currency shall not by any Bill or Act of Assembly, be made or deemed a lawful Tender for what now is, or may become due, or payable to the Crown, or to merchants in Great Britain, but that the same shall be made payable at the full sterling value.

Resolved That the Committee do present such petition to his Excellency the Governor, and request that the same be forwarded in order to be laid before the throne.

Resolved That the Committee likewise request his Excellency in case of obtaining leave for such emission, in order to prevent counterfeits for the future, that he will be pleased to order proper paper, copper plates, presses, and other materials necessary for stamping the same, and draw on the Publick Treasurers for the expence thereof.

Wm. Herritage Clk. of the Assembly.

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15th January 1768. In the Upper House concurred with and this House have appointed the Honble John Rutherford and Lewis Henry DeRosset Esqrs to join the Gentlemen appointed by the Assembly for a Committee to draw up and sign the Petition to His Majesty and present the same to his Excellency to be by him transmitted agreeable to the above Resolves.

By order
Jno. Burgwin, Clk.