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required to be perpetual shall be exactly imitated, for perpetuating the same inimitable and invariable general standard forever.

For the general signature, aiding all men the better to detect counterfeits, if possible every bill shall be signed by the same person, for ever so many years, and no bill of the same kind issued the same year, shall be signed by a different person: and every bill shall be countersigned by the treasurer who finally issues them.

No other common bills shall be issued than such as shall be of the following denominations, viz: One Dollar Two Dollars-Three Dollars-Five Dollars--Ten Dollars-Twenty Dollars-Thirty Dollars-Fifty Dollars-One Hundred Dollars-Two Hundred Dollars Three Hundred Dollars-and Five Hundred Dollars all bearing date on the first day of the year they issue.

All common bills shall read with the following general tenor, viz.

The Columbian Union from.

A

guarantees this

property

B

dollars.

At A of the above form shall be inserted the year the bill issues, and at B its nominal amount.

SECT. 2. All common bills shall issue in counties of their sanction from the hands of their treasurers; and for their safe distribution from the head of their department to the trust of their secured treasurers, there shall be elected a committee of currency. And the majority of the ballotted votes of the general legisla tors in the Columbian Congress assembled, shall elect from the mediators thereof the aforesaid committee of currency, and those seven mediators who shall have the most votes at the same round of voting shall be

the committee required, of whom the one of the seven who shall have the most votes shall be foreman.

The Columbian Congress shall provide that a safe conveyance from the head of the department of currency and deliverance to the foreman of the committee of currency all present in open Columbian Congress assembled, of all the common bills at one time of those required to be issued the same year. And the committee of currency together with the general treasurer, in open meeting and in presence of the general clerk, who shall note them, shall receive, examine and divide all the common bills required to be issued the same year into as many equal parcels as there shall be general legislators intended for that year's Columbian Congress; and each of which parcels shall contain an equal number of the same kind of bills, whose general amounts the foreman of the committee shall declare in open Columbian Congress, and deliver sealed one parcel thereof to every general legislator, who shall go to him and receive the same, as the general clerk shall call the roll in alphabetical order. For all parcels intended for absent members as may happen the Columbian Congress shall make provision. Every general legislator shall carry or convey his parcel to his respective county in any safe manner it shall direct; or for the better security, the Columbian Congress may provide that such parcels shall be delivered to such other particular bearers, as the several counties may specially authorize. Al general legislators or bearers as shall receive parcels of common bills at the Columbian Congress shall deliver them in open Vernal Council of the same year of their respective county, to a certain officer thereof as by them required.

In every county shall be elected from the higher branch of their respective Vernal Council by the majority of the ballotted votes of the lower branch thereof, a committee of currency and foreman in the same manner as in the Columbian Congress; and the foreman of which committee of currency of cach county shall, in open Vernal Council and in the presence of

and with his respective committee, treasurers and county clerk, who shall note them, shall receive, examine and subdivide all the common bills, intended for the same county for the same year into as many more parcels as there shall be treasurers of the same county; having in every parcel an equal number of the same kind of bills as near as they will admit. The foreman of the committee of currency of his respective Vernal Council shall declare to the meeting the several amounts of the subdivided parcels aforesaid and deliver one of which to every treasurer of his respective county, who shall then in open Vernal Council go to him and receive the same, as the county clerk thereof shall call their roll in alphabetical order. For all parcels intended for absent or unsecured treasurers, as may happen, the legislative bodies thereof shall make provision.

The legislative bodies of each county shall (subject to the general regulations of the Columbian Congress,) so regulate as to the time and manner their respective county clerks and treasurers shall as required, severally number, countersign and impress the valid seal of their respective common bills; and that they shall be accomplished with accuracy, security and despatch, so that every county clerk shall prior to the August Assembly of the same year, execute of his respective quota of common bills, a list severally of all the num-bers of each, their countersigns and denominations, in columns, transverse to a line for every bill; which shall severally be headed with their respective dates, letters and valid seals; and by their said county clerks and committee of currency respectively signed, certified and preserved on file of their respective county clerk's offices, of which lists copies shall be called test lists. The Columbian Congress shall provide for a uniform arrangement of as many test lists well printed of small type, on fine paper, by every county every year as there shall be treasurers in the Columbian Union, and to be completed prior to the expiration of the Autumnal Council of the same year.

Every county shall cause to be transmitted of its

own test lists by mails, and which shall go free of pos tage, sealed and directed as required, one every suc cessive week, to every county clerk of the Columbian Union, till as many shall be transmitted to the requir ed counties as there shall be treasurers therein, also one to the general treasurer; or as the Columbian Congress may require, all of which test lists shall be transmitted to the Columbian Congress, by their respective general legislators, and by them there interchanged as required; that on whose return they shall be delivered to the required county clerks. Every county clerk shall of the test lists as they arrive, and when demanded deliver one to every treasurer of his respective county, and who shall receive the same.

Which treasurers acquiring test lists of all the common bills, with which always to be preserved by them in their respective offices, in alphabetical order and book form, and they observing the general signature, and the same general standard on every bill perpetually passing to their views, all genuine bills to them become familiar, making them. competent judges, Therefore before treasurers all counterfeits shall be detected in a manner as the Columbian Congress shall prescribe.

To the test lists no other persons than sovereign officers shall have access, except such as to whom the Columbian Congress shall by law grant liberty.

SECT. 3. For all common bills which shall be loaned by counties to individuals shall be had ample security, and the annual interest of not less nor exceeding six per cent. per annum ; and which security shall consist in a sufficiency of land not of the common stock of the Columbian Union, which shall be jointly or seve rally owned by any borrower or borrowers from the Columbian Union or from any county and by their respective undersigners, (except as the Columbian Congress shall prescribe what other securities shall also be ample) a sufficiency of all kinds of property jointly or severally owned by any undersigner to the Columbian Union or to any county thereof, shall be holden for and if required converted for their discharge, according to

the general regulations which the Columbian Congress shall prescribe, and all undersigners or sureties for any debtor or debtors to the Columbian Union, or to any county thereof, shall be also called debtors, and their property shall be holden and converted for their discharge, in all cases the same as though they had been the principal, when those for whom they become responsible shall prove destitute of means, for making as required their respective payments.

The Columbian Congress shall make the required regulations as to the general tenor of all obligations, and which shall be brief and comprehensive, and distinct from all forms legal between other parties which shall bind individuals by their voluntary engagements to the Columbian Union, or to any county thereof, stating the amount, date, time and place of payment required, and which shall be at stated times and to convenient treasurers, or other officers which shall be appointed and styled ex-treasurers, or authorised orders according to general law, and when payments thereof shall be made, that they shall be conveniently and properly discharged, so that official discharges shall in evidence thereof publicly appear of record at their respective county clerk's office.

Of common bills no sum less than twenty-five dollars shall be loaned in the same demand to any person or persons, nor for terms less than whole years; but which shall be receivable previous to any stated time, though with all its assigned interest; and which may be received in partial payments, but of sums never less than twenty-five dollars and them in stated proportions.

All loans of common bills to individuals shall be authorised by the legislative body of the same county, and proportioned to the applicants thereof, who shall render legal securities, and that to whom shall be given no other preference, than according to their rotation of applications made to certain officers for certain sums, and the Columbian Congress shall make general regulations thereto relating. The Columbian Congress shall provide whereby individuals may borrow

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