On Thursday November 2. 1775 Congress resolved that the Committee appointed to carry
into Execution the Resolves of Congress for fitting out four armed Vessells, be authorized
to draw on the Continental Treasurers from time to time, for as much cash as shall
be necessary for the above Purpose, not exceeding the Sum of one hundred thousand
dollars, and that the said Committee have Power to agree, with such Officers and Seamen
as are proper to man and command said Vessells, and that the Encouragement to such
Officers and Seamen be, One half of all Ships of War made prize of by them, and one
third of all transport Vessels, exclusive of Wages.