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[Page 5]
supplied to all who wish for it, sufficient to keep the article from rising above its actual money price & secondly to supply a circulating medium in Money & in Bills adequate to the necedsities of the Colony.
The first it is presumed may be done without hazard, if severe & effectual regulations similar to those of the Excise Laws here, are enforced there, to prevent all persons except those licenced by Government from vending Spirits on any pretence either in Trade or in Truck, for the second the Project below is submitted as likely to answer the intended purpose.
The Colony at present possesses no Coin but that struck by Mr Boulton and sent out in 1800,
its amount is ... & it consists of Farthings, Half pence and Pence each of which is issued at double its English Nominal Value, which has given an opportunity to the Birmingham Coiners to exercise their ingenuity, who have already much increased the amount of those pieces in Circulations.
In order to accommodate the Colony properly it is proposd first to call in the present Copper Currency & Reissue it at its English value, next to send out an additional Stock of Copper Coin of the same denominations. should be sent out & secondly Thirdly that Tokens representing Sixpences Shillings & half Crowns be struck here and issued by the Government there.
As the issue of a circulating medium will in this case be made