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Show Aw. ..‘.\,,(I~«.-\.... .e... Wmfi'l (43) fifth, or even in fome Cafes to a tenth, of the Sterling Money advanc'ci by the Creditors: Pri~ )2er and «acid. vate Tranfaflions were at the fame Time equally affected: No Man knew what he {hould receive Abul'e will be upon Payments to be made at any dil‘tant Time: 'All Contraéts became uncertain; all Returns in Trade precarious; while the few Perlbns who concerted theie lV'lealures, had frequent Oppor~ tunities of making a private Advantage of the :publicle Calamity. From them who had caufed the lit/ii, a Remedy Could not be experfted: It was their Influetce that had led to flair, ()ra'zrr, Rob/hams, and Vales of flflmh'y, maxing am' dodarz'flg fzzrlz Bills to be legal Target" {72 Plan/mm of Il/Ioaor. The Interpofition ol. the Parliament of Great-Britain therefore became ieceflai'y; it had interler'd before with Refpcé‘t ‘tO-the four NewEnglana' Governments, and by a l‘alutary Adi: made in 24 Geo. II. to regula/o and w stain Paper Bills i1; too/o Colonies", the Credit of fuch Bills was retriev'd, and their Currency fettled. To check the fame Abufes in all the other Colonies, and to difl‘ufe the Benefits of. the like Provilions over all the Brits/:7) Dominions, an Act was pafled during the hill Sefiions, by which, fuch Proceedings as have been above‘mention'd, are ltriétly prohibited in all the Colonies, and every 115?, Ordm‘, Rejoizitz'orz, or Vote of Aflémoly "LU/lit}! flzall be mod: to By which vigorous and feal'onable Exertion of fupreme Authority, this enormous revented for the future, and the Bills illued by t ie Government there, being charged upon adequate Funds, and fupported by publick Faith, will preferve their proper Value, dud ring the whole Time of their Circulation; no Perlbn being obliged from henceforth to take depreciated Money in Payment, the Creditors of the publick will receive as much as they advanced, and thofe to whom Debts are owing on private Ti'anlaétions will really recover the whole that is due to them. But without recurring to inllances of MilConduct in the general Afi'emblies of Certain Colonies, it. is certain that hOWever enlarged their Views may be, however upright their In- tentions, yet their Powers mul't frequently fail in great and extenfive Operations; confined as they are within the Limits of their refptclive Provinces, they can never attempt any Mesh» fures, which depend for their Succels upon the concurrence of others ; much leis will they ven- ture t0 lacrifice their own partial Advantages to the general good, when they cannot be lure that their Conceflions will obtain the Ends for which they were intended. The Parliament of Great Britain alone cam command the Acquief- proz'oizg t/zo legal Tender of any fitC/l Bil/5 flow fillifzflirgr and current, mm the Times fixtfor (ii/reargizrg the fame; or to create or {flu Popor Bill: of any Kind or Denomination, declaring Harm to be legal cence of all, and is therefore alone able to de‘ vile, conduct, and execute fuch Meafures, as ‘I'mdor m Paymem‘ of(my Bargains, Contrafir, Doors, extended its parental Care to eva-ry part of the Duet, or Der/mud; w/o-Iyroaecr, is declared to be Brill/12 Dominions ; as each has on different (13- ‘ Ital] equally relate to all. This Power it has at all times cxercifed with impartial Sway, and has canons particularly called forits Att'ntion. FAQ re- |