Browsing: Papers of John Adams, Volume 8

1. Twenty thousand pounds were to be used to clothe the troops needed to fulfill Massachusetts' quota for the Continental Army. An additional sum, not to exceed twenty thousand pounds, was to be spent on goods suitable for the Massachusetts market, both purchases to be sent in the ship Protector. The remaining amount of the loan was to be held for drawing bills of exchange against or for future purchase of goods (Mass., Province Laws , 21:326–327).