While this subject was pressing upon Congress, it was occupying no less seriously leading minds in the different Colonies. All felt that the success of the experiment must chiefly depend upon the degree of security that could be given to the bills. But how to reach that necessary degree was a perplexing question. Three ways were suggested in the New-York Convention: that Congress should fix upon a sum, assign each Colony its proportion, and the issue be made by the Colony upon its own responsibility; or that the United Colonies should make the issue, each Colony pledging itself to redeem the part that fell to it; or, lastly, that, Congress issuing the sum, and each Colony assuming its proportionate responsibility, the Colonies should still be bound as a whole to make up for the failure of any individual Colony to redeem its share. The latter was proposed by the Convention as offering greater chances of security, and tending at the same time to strengthen the bond of union. It was in nearly this form, also, that it came from Congress. No time was now lost in carrying the resolution into effect. The next day, Tuesday, June 23, the number, denomination, and form of the bills were decided in a Committee of the Whole. It was resolved to make bills of eight denominations, from one to eight, and issue forty-nine thousand of each, completing the two millions by eleven thousand eight hundred of twenty dollars each. The form of the bill was to be,-- _Continental Currency._ _No. Dollars._ _This bill entitles the bearer to receive ---- Spanish milled dollars or the value thereof in gold or silver, according to the resolutions of the Congress held at Philadelphia on the 10th day of May_, A. D. 1775. In the same sitting a committee of five was appointed "to get proper plates engraved, to provide paper, and to agree with printers to print the above bills." Both Franklin and John Adams were on this committee.