oard
have already issued warrants to the amount thereof. The State paper
being of equal value with the new emission, and the former not bearing
interest, I have thought it most for the benefit of this State and of
the United States, to draw from the treasurer a sum of the new State
paper equal to the balance of those four tenths, and have accordingly
done so.

By the resolution of the 26th of August, 1780, the States are called
on to pay into the treasury by the last day of December then next
ensuing, three millions of dollars, of which the quota of Pennsylvania
is four hundred and sixty thousand dollars.

By the resolution of the 4th of November, 1780, Pennsylvania is called
upon to pay two hundred and seventythree thousand eight hundred and
thirtytwo dollars and two thirds, in quarterly payments, commencing
the 1st day of May last; and by the resolution of the 16th of March,
1781, Pennsylvania is called upon to pay one million and fiftynine
thousand eight hundred and sixtythree dollars, in quarterly payments,
commencing the 1st day of June last. All these are payable in the new
emission, or specie. Thus the whole of the requisitions will, on the
1st day of March next, amount to one million seven hundred and
ninetythree thousand six hundred and ninetyfive dollars and two
thirds. Of this sum there appears to have been paid seventeen thousand
seven hundred and forty dollars; wherefore, there will still remain a
balance of one million seven hundred and seventyfive thousand nine
hundred and fiftyfive dollars and two thirds.

By a note from David Rittenhouse, I find that he has in his hands one
hundred and thirtyeight thousand nine hundred dollars of the new
emission, and fourteen millions one hundred and fortyfive thousand six
hundred dollars of the old, in which latter sum, nevertheless, is
included some State money received at seventyfive for one, the amount
of which cannot be determined until it is sorted and counted;
wherefore, the old emission may be estimated at about fourteen
millions.

On this state of things, I take the liberty of proposing to the
honorable House, that all the old money be immediately paid in, and
the new taken out, which will be about seven hundred thousand dollars,
and that, with what is now in the Treasurer's hands, will make eight
hundred and thirtyeight thousand nine hundred dollars. I further
propose, that this be paid to me, as Superintendent of Finance, on
account of the above balanc