A larger version of this object is available to teachers and students for free. Others can subscribe for $25/year.
Larger images are also available to schools and libraries via subscription to American History, 1493-1943. Check to see if your school or library already has a subscription or click here for more information.
- GLC#
- GLC01450.008.03-View header record
- Type
- Documents
- Date
- September 10, 1777, December 29, 1777
- Author/Creator
- Gibson, John, 1729-1782
- Title
- [Interest on Loan Office Certificates]
- Place Written
- s.l.
- Pagination
- 1 p. : docket Height: 32 cm, Width: 20.5 cm
- Primary time period
- American Revolution, 1763-1783
- Sub-Era
- The War for Independence
Clerical copy made by Charles Thomson, Secretary. Resolution of Congress stating that the interest accrued after the date of this document on Loan Office Certificates already issued or issued before 1 March 1778, shall be paid annually at the respective offices in Bills of Exchange on the Commissioners of the United States in Paris, at the rate of five livres (currency of France) for every Spanish milled dollar, or in Continental Bills of Credit, at the option of the lenders. Second resolution dated 29 December 1777 directs the Commissioners of the Continental Loan Offices of the United States to pay the interest on certificates issued from their office, take receipts, and make returns according to the instructions of the Board of Treasury. Gibson was the United States Auditor General 1776-1779. The Continental Loan Offices administered loans to the Continental Treasury to help finance the war effort.
Citation Guidelines for Online Resources
- Copyright Notice
- The copyright law of the United States (title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material. Under certain conditions specified in the law, libraries and archives are authorized to furnish a photocopy or other reproduction. One of these specific conditions is that the photocopy or reproduction is not to be “used for any purpose other than private study, scholarship, or research.” If a user makes a request for, or later uses, a photocopy or reproduction for purposes in excess of “fair use,” that user may be liable for copyright infringement. This institution reserves the right to refuse to accept a copying order if, in its judgment, fulfillment of the order would involve violation of copyright law.