The Second Continental Congress passes the fifth Certificate Act, authorizing the issue of 5,000,000 “dollars” in Continental currency notes (Bills of Credit), in one, two, three, four, five, six, seven and eight “dollar” denominations.
NOTE: This act raises the Continental debt to 16,000,000 Dollars.
[added 7/23/2021]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Jack Weatherford, The History of Money: From Sandstone to Cyberspace, (New York: Three Rivers Press, 1997), 135-36.
Continental Currency.mht
www.coins.nd.edu/ColCurrency/CurrencyText/CC.html
Current U.s. National Debt:
