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274 HISTORY OF MARYLAND.
Powder, shot and guns were used as currency, and in 1661 the assembly made
the port-dues on vessels trading to the province payable in powder or shot, at
the rate of one pound of the former, or three of the latter, per ton burthen.
At last, at the suggestion of some of the leading colonists, Lord Baltimore
undertook to provide a currency for the colony, and had dies cut in London,
and specimen coins struck, which he forwarded to Governor Fendall and
council on October 12, 1659. In the letter to the governor which accompanied them, he says:
" Having with great pains and charge procured necessaries for a particular coin to be
current in Maryland, a sample whereof, in a piece of a shilling, a sixpence, and a groate,
I herewith send you, I recommend it to you to promote, all you can, the dispersing it
and by Proclamation, to make current within Maryland, for all payments upon contracts
or causes happening or arising after a day to be by you limited in the said Proclamation :
And to procure an act of assembly for the punishing of such as shall counterfeit the said
coin, or otherwise offend in that behalf according to the form of an act recommended by
me last year to my Governor and Secretary; or as near it as you can procure from the
assembly, and to give me your advice next year touching what you think best to be
further done in that matter touching coin; for, if encouragement be given by the good
success of it this year, there will be abundance of adventurers in it the next year."
With this letter was also forwarded the following communication to his
brother Philip, then Secretary of State:
" To my most affectionate loving brother, Philip Calvert, Esq., at St. Mary's in
Maryland.
" I sent a sample of the Maryland money, with directions for the procuring it to
pass, because I understood by letters this year from the Governor and you and others
that there was no doubt but the people there would accept of it, when if we find they do,
there will be means found to supply you all there with money enough; but though it
would be a very great advantage to the Colony that it should pass current there, and an
utter discouragement for the future supply of any more, if there be not a certain establishment this year, and assurance of its being vented and current there, yet it must not
be imposed upon the people but by a Lawe there made by their consents in a General
Assembly, which I pray fail not to signify to the Governor and Council there together
from me, by showing them this letter from
" Your Most affectionate Brother, u ^ "RATTTMORE
" London, 12 October, 1659."
Ten days after the receipt of this letter, Fendall's revolutionary act took
place, and the confusion that followed rendered it impossible to carry out the
proprietary's plan for introducing a specie currency. But at the session of
1661, after the overthrow of Fendall, at the instance of Governor Philip
Calvert, an act was passed for the establishment of a mint in the province.
After a preamble, setting forth the disadvantages under which the colony
labored for want of a sufficient and suitable currency, the burgesses agree to
the following enactments :x
1 In the Upper House, Messrs. Brooke and his charter, had all the rights, etc., of a Bishop
Lloyd dissented from its passage, stating that, of Durham, they did not think that the County
notwithstanding the Lord Proprietary, under Palatine of Durham had liberty to coin.
| Title | History of Maryland - 1 |
| Creator | Scharf, J. Thomas (John Thomas) |
| Publisher | J. B. Piet |
| Place of Publication | Baltimore |
| Date | 1879 |
| Language | eng |
| Type | Books/Pamphlets |
| Title | 00000301 |
| Type | Books/Pamphlets |
| Transcript | 274 HISTORY OF MARYLAND. Powder, shot and guns were used as currency, and in 1661 the assembly made the port-dues on vessels trading to the province payable in powder or shot, at the rate of one pound of the former, or three of the latter, per ton burthen. At last, at the suggestion of some of the leading colonists, Lord Baltimore undertook to provide a currency for the colony, and had dies cut in London, and specimen coins struck, which he forwarded to Governor Fendall and council on October 12, 1659. In the letter to the governor which accompanied them, he says: " Having with great pains and charge procured necessaries for a particular coin to be current in Maryland, a sample whereof, in a piece of a shilling, a sixpence, and a groate, I herewith send you, I recommend it to you to promote, all you can, the dispersing it and by Proclamation, to make current within Maryland, for all payments upon contracts or causes happening or arising after a day to be by you limited in the said Proclamation : And to procure an act of assembly for the punishing of such as shall counterfeit the said coin, or otherwise offend in that behalf according to the form of an act recommended by me last year to my Governor and Secretary; or as near it as you can procure from the assembly, and to give me your advice next year touching what you think best to be further done in that matter touching coin; for, if encouragement be given by the good success of it this year, there will be abundance of adventurers in it the next year." With this letter was also forwarded the following communication to his brother Philip, then Secretary of State: " To my most affectionate loving brother, Philip Calvert, Esq., at St. Mary's in Maryland. " I sent a sample of the Maryland money, with directions for the procuring it to pass, because I understood by letters this year from the Governor and you and others that there was no doubt but the people there would accept of it, when if we find they do, there will be means found to supply you all there with money enough; but though it would be a very great advantage to the Colony that it should pass current there, and an utter discouragement for the future supply of any more, if there be not a certain establishment this year, and assurance of its being vented and current there, yet it must not be imposed upon the people but by a Lawe there made by their consents in a General Assembly, which I pray fail not to signify to the Governor and Council there together from me, by showing them this letter from " Your Most affectionate Brother, u ^ "RATTTMORE " London, 12 October, 1659." Ten days after the receipt of this letter, Fendall's revolutionary act took place, and the confusion that followed rendered it impossible to carry out the proprietary's plan for introducing a specie currency. But at the session of 1661, after the overthrow of Fendall, at the instance of Governor Philip Calvert, an act was passed for the establishment of a mint in the province. After a preamble, setting forth the disadvantages under which the colony labored for want of a sufficient and suitable currency, the burgesses agree to the following enactments :x 1 In the Upper House, Messrs. Brooke and his charter, had all the rights, etc., of a Bishop Lloyd dissented from its passage, stating that, of Durham, they did not think that the County notwithstanding the Lord Proprietary, under Palatine of Durham had liberty to coin. |
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