The Diplomatic Correspondence of the American Revolution, Vol. 12
History
The Diplomatic Correspondence of the American Revolution, Vol. 12
United States -- Foreign relations -- 1775-1783; United States -- History -- Revolution, 1775-1783 -- Sources
That when it was in contemplation to make a payment to the army, the
committee who conferred with the Superintendent on that subject were
informed, that it could only be done in notes, and that in order to
support the credit of such notes, it would not be sufficient that they
should only be receivable in taxes in some particular State, but that
the receivers throughout the States must receive and exchange them, in
like manner with other notes issued from the Office of Finance.
That the instruction to the receivers is generally known to all those
who are concerned in the business they relate to, and in consequence
thereof the receivers are in the constant practice of receiving and
exchanging notes signed by the Superintendent of Finance, which they
duly remit to the treasury.
That whenever they shall find it difficult to obtain such notes for
the purpose of making their remittances (which is not likely to be the
case in any short period,) they will naturally advertise to obtain
them. Wherefore, any general notification, such as is contained in the
extract committed, will be unnecessary.
That if such publication as is recommended were confined (as seems to
have been the idea,) to those notes which have been issued for payment
of the army, it would destroy what little credit is at present reposed
in the public servants, and by bringing home immediately all other
notes which have been issued, render it impracticable to discharge
them; in which case the notes issued to the army could be of no use,
because nobody would take them. The importance of preserving credit in
this respect, will appear from the preamble to an Act of Congress of
the 2d of May last.
That if (as is most probable) the publication were intended to relate
alike to all notes, it is a thing which is already well known, and
therefore the expense of printing may be spared.
With respect to the measures taken relative to paying the army, he
begs leave to report, that upon an estimate from the War Office, he
signed warrants for four months' pay of the present year, whereof one
month's pay has been made to the noncommissioned officers and privates
in specie, and to the officers in notes, and three months' pay to both
officers and soldiers in notes. That the Paymaster has not yet
received all the notes necessary for the purpose, but has in his hands
as many as he wants for the present.
All which is humbly submitted.
ROBERT MORRIS.
* * * * *
TO THE PRESIDENT OF CONGRESS.
Office of Finance, July 18th, 1783.
Sir,
Public-domain text, read in full here on John Shaqi.
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