Early New York Paper Currency. 



45 



New York, 



£1,444 8s. lid. 



622 3s. 9H. 

 . 254 18s. OH. 

 487 9s. bhl 

 433 6s. Sd. 

 131 6s. 3Jd 

 240 14s. S^l 

 393 18s. did. 

 144 8s. 10id. 

 180 lis. lljrf. 



Albany, 

 Kings, . 

 Queens, 

 Suffolk.. 



Richmond, 



Westchester, ... 



Ulster, . 

 Orange, 



Dutchess, 



A new issue was soon after made, and for the same pur- 

 pose. The colony's fuuds had been anticipated and ex- 

 hausted, and a heavy tax remained unpaid. To use the 

 language of the assembly, " it was constrained, but with 

 the greatest regret," to make a further issue at this time. 



A scheme for the conquest of Canada was again brought 

 forward. Orders had been sent over by the British govern- 

 ment directing the colonies to raise as many volunteers 

 as the time would permit, to join the regular forces from 

 England. The governor recommended that the most 

 ample provision should be made and in the most speedy 

 manner. The assembly perceiving that the movement 

 was popular with the people, seconded most enthusiasti- 

 cally the demand for men and means. "Willing rather 

 to exceed than to fall short in supplies on this important 

 occasion" they promptly enacted, 1 that the sum of <£40,000 

 should be raised by an annual tax of £5,000 on real and 

 personal estate, and that to answer the immediate pay- 

 ment of the sums required, bills of credit to the full 

 amount should be issued. This amount proving insuffi- 

 cient, the following year, 2 another act was passed, creating 

 £28,000 to be paid by a yearly tax of c£3,500. 3 



1 July 15, 1746. 



2 Nov. 25, 1747. 



'Bounties were raised for volunteers, and the exportation of provi- 

 sions suspended. The neighboring Indians also were incited to aid in the 

 enterprise. 



