90 



Early New York Paper Currency. 



1780. — March 1 : An act to cancel the defaced bills of 

 credit at this state. 



June 20 : A supplementary act to the act entitled, 

 an act approving of the act of congress of the 18th 

 day of March 1780, relative to the finances of the 

 United States, and making provision for redeeming 

 the proportion of this state of the hills of credit to be 

 emitted in pursuance of the said act of congress. 



Oct. 7 : An act to procure a sum in specie, for the 

 purpose of redeeming one sixth part of the bills 

 emitted on the credit of this state, pursuant to the 

 act of congress of the 18th clay of March, 1780, for 

 discharging the interest of such bills, and for other 

 purposes therein mentioned. 



1781. — February 22 : An act for the better establishing 

 the rate of exchange between the bills emitted upon 

 the credit of this state, pursuant to the act of Con- 

 gress of the 18th of March, 1780, and the continental 

 currency theretofore issued. 



March 27 : An act for emitting moneys upon the 

 credit of this state. 



July 1 : An act to repeal such of the laws of the 

 state which make several emissions of bills of credit 

 a legal tender. 



1785. — March 14: An act for 'canceling the bills of 

 credit therein mentioned. 



1786. — April 18: An act for emitting the sum of two 

 hundred thousand pounds in bills of credit for 

 the purposes therein mentioned. 



May 1 : An act supplementary (to the above). 



1788. — February 8 : An act to take out of circulation the 

 bills of credit emitted by law, and to emit others 

 as a substitute. 



