University of Virginia Library

[SECT. 18.]

That if the bills of credit of said governments of Connecticut, New Hampshire and Rhode Island, shall be drawn in and sunk, and the paper currency of said governments shall be brought to an end, and cease, at any time before the said thirty-first day of March, one thousand seven hundred and fifty-four, then, and in such case, the three last preceeding enacting clauses of this act shall become void and have no further effect.

And whereas the sum of one hundred and eighty-three thousand six hundred and forty-nine pounds two shillings and sevenpence halfpenny, sterling, granted by parliament as aforesaid, and the further sum of seventy-five thousand pounds, now granted to be assess'd in bills of credit in the year one thousand seven hundred and forty-nine, on the polls and estates of the inhabitants of this province, are by this act become the sole fund and security for the whole sum in bills of credit outstanding, and in case the said sterling sum, granted as aforesaid, be not imported into this province before the said thirty-first day of March, one thousand seven hundred and fifty, the exchanging the bills of credit as is above intended will be rendered impracticable, and, the former funds or securities being made void, there will remain a fund for seventy-five


441

thousand pounds only, and the remainder of the said bills of credit will become of no value to the possessors:

Be it therefore provided,