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Sir:

Your Letter of the Ninth of May I am favoured with covering the accounts you received from the Comptroller of the Treasury; as the Assembly are in their recess nothing can be immediately done on the matters therein contained until the next meeting, at which time I shall do myself the honor to lay before them your Letter and the papers therein enclosed.

A year hath near elapsed since we heard from the Continental currency, which has sunk almost into oblivion for want of a revival of it in Taxes which this State attempted, but the Collections have been small as that currency hath generally disappeared in the Southern States.

The reasons you suggested of calling it in and sinking it according to the proportional quota of every State are very obvious, which have often been impressed on our Legislature, but they urge in excuse at present for their not going largely on this business, their particular local circumstances in War and the great ravages the enemy have made in the State during their marches through it, the burthensome Taxes already on the Inhabitants for provisions and supplies, the redemption of their own Currency, the enormous quantity of Public Certificates which call for immediate satisfaction, but I

flatter myself from the bright prospects of our affairs now opening our complaints on this subject will cease and that North Carolina will not be the last State in the Union that will fail in the support of Continental Credit. I am sorry, however, to find so large a Debt against the State and no Credit.

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