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Thomson, Charles Congressional resolution to Delaware, re: guidelines for exchanging money

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Gilder Lehrman Collection #: GLC01600 Author/Creator: Thomson, Charles Place Written: In Congress Type: Autograph document signed Date: 1777/12/03 Pagination: 2 p. ; 36 x 25 cm

Summary of Content: Certified copy of a resolution of Congress asking states to enact laws requiring redemption of British bills of credit acquired on or before 4/9/1775, providing guidelines and redemption dates. Docketed on verso.

Background Information:

Full Transcript: In Congress Dec: 3. 1777
Whereas it is the uniform practice of our enemies, to persue every measure which may lend to distract, divide & delude the inhabitants of these states, to affect ...which purposes they have amongst other acts promoted associations for supporting the credit of the public money struck under the authority & sanction of the king of Great Britain, which associations are evidently calculated to sap the confidence of the public in the continental bills of credit, and in those issued by the authority of the respective States, & to furnish a medium for carrying on a pernicious & traitorous commerce between the enemy & the citizens of these States
That it be earnestly recommended to the legislative authorities of the respective States who may be possessed of any bills of credit struck under the sanction & authority of the king of Great Britain, or on or before the 19 of April 1775, forthwith to deliver in the same to a commissioner of commissioners for that purpose to be appointed in each county of the respective States, authorising such commissioner or commissioners to give in exchanges for any sum so paid in continental money or bills of credit of their respective States; & to declare in the laws so to be enacted that all bills of credit under the description above mentioned, which shall not be so delivered in, within such reasonable time as the respective States shall for [struck: that] such purposes limit, shall [struck: from] thenceforth become utterly irredeemable -
Extract from the minutes
Cha Thomson secy

Extract from the
minutes of Congress

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Historical Era: American Revolution, 1763-1783

Subjects: Revolutionary WarCongressContinental CongressFinanceEconomicsBankingGlobal History and US Foreign PolicyGlobal History and US Foreign Policy

Sub Era: The War for Independence

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