It is much to be regretted that we have no record of the discussions through which Congress reached the resolves of June 22, 1775: "That a sum not exceeding two millions of Spanish milled dollars be emitted by the Congress in bills of credit for the defence of America. That the twelve confederated Colonies" (Georgia, it will be remembered, had not yet sent delegates) "be pledged for the redemption of the bills of credit now to be emitted." We do not even know positively that there was any discussion. If there was, it is not difficult to conceive how some of the reasoning ran,--how each had arguments and examples from his own Colony: how confidently Pennsylvanians would speak of the security which they had given to their paper; how confidently Virginians would assert that even the greatest straits might be passed without having recourse to so dangerous a medium; how all the facts in the history of paper-money would be brought forward to prove both sides of the question, but how the underlying principle, subtile, impalpable, might still elude them all, as for thirty-five years longer it still continued to elude wise statesmen and thoughtful economists; how, at last, some impatient spirit, breaking through the untimely delay, sternly asked them what else they proposed to do. By what alchemy would they create gold and silver? By what magic would they fill the coffers which their non-exportation resolutions had kept empty, or bring in the supplies which their non-importation resolutions had cut off? What arguments of their devising would induce a people in arms against taxation to submit to tenfold heavier taxes than those which they had indignantly repelled? Necessity, inexorable necessity, was now their lawgiver; they had adopted an army, they must support it; they had voted pay to their officers, they must devise the means of giving their vote effect; arms, ammunition, camp-equipage, everything was to be provided for. The people were full of ardor, glowing with fiery zeal; your promise to pay will be received like payment; your commands will be instantly obeyed. Every hour's delay imperils the sacred cause, chills the holy enthusiasm; action, prompt, energetic, resolute action, is what the crisis calls for. Men must see that we are in earnest; the enemy must see it; nothing else will bring them to terms; nothing else will give us a lasting peace: and in such a peace how easily, how cheerfully, shall we all unite in paying the debt which won for us so inestimable a blessing!