The Second Continental Congress passes the fourth Certificate Act, authorizing the issue of 3,000,000 “dollars” in Continental currency notes (Bills of Credit), in one-sixth, one-third, one-half, two -thirds, one, two, three, four, five, six, seven and eight “dollar” denominations.
NOTE: This act raises the Continental debt to 11,000,000 Dollars.
[added 7/3/2021]
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:
