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Collection Reference Number GLC01450.008.01
From Archive Folder Documents Relating to 1777 
Title Michael Hillegas to Joseph Clarke regarding Continental Loan Office Certificates
Date 8 February 1777
Author Hillegas, Michael (1729-1804)  
Recipient Clarke, Joseph  
Document Type Business and financial document; Military document; Correspondence
Content Description States that he is sending the Continental Loan Office certificates by favor of James Betton and William Gregg. The certificates amount to $171,100 in total, with 389 at $400 each, 1 at $500, and 25 at $600. Asks Clarke to number them and dispose of them according to the resolutions of Congress and the enclosed instructions. Gives instructions on numbering the certificates and asks for receipts to be given to Governor Jonathan Trumbull (of Connecticut), who will transmit them back to Hillegas. The Continental Loan Offices administered loans to the Continental Treasury to help finance the war effort. Hillegas was the Treasurer of the United States. Clarke was the Commissioner of the Continental Loan Office in Rhode Island.
Subjects Military History  Economics  Finance  Government and Civics  Continental Congress  Congress  Revolutionary War  
People Hillegas, Michael (1729-1804)  Clarke, Joseph (1719-1792)  Trumbull, Jonathan (1710-1785)  
Place written Baltimore, Maryland
Theme Banking & Economics; The American Revolution
Sub-collection The Gilder Lehrman Collection, 1493-1859
Copyright The Gilder Lehrman Institute of American History
Module Settlement, Commerce, Revolution and Reform: 1493-1859