The Adams Papers Digital Edition is undergoing active maintenance while we work on improvements to the system. You may experience slow performance or the inability to access content. We apologize for any inconvenience this may cause. We will endeavor to return to full capabilities as soon as possible.
. Adopted on 5 May, the first and tenth sections of the act provided for a special tax
of £5.6 million to remove paper currency from circulation and an annual tax of £72,000,
to be collected for seven years and payable in specie or specified goods, for the
redemption of new interest-bearing bills of credit whose aggregate face value would
not exceed £460,000 (Mass., Province Laws
, 5:1178–1183; see also
Adams Family Correspondence