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History of Northampton, Massachusetts, from its settlement in 1654;

History of Northampton, Massachusetts, from its settlement in 1654;

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174 HISTORY OF NORTHAMPTON. • [1748.<br />

a bad condition. Gov. Belclier. <strong>in</strong> liis message to the legis-<br />

lature at the November session, stated that bills <strong>of</strong> credit<br />

had "sunk near three parts <strong>in</strong> four <strong>from</strong> what they passed<br />

at when bills <strong>of</strong> that sort were iirst issued."' Consequently<br />

f<strong>in</strong>ance was the most important matter upon which legislation<br />

was required. In December, Col. Stoddard, chairman<br />

<strong>of</strong> the committee relat<strong>in</strong>g to bills <strong>of</strong> credit, made a report<br />

which was ordered to be ])r<strong>in</strong>ted for the use <strong>of</strong> the legislature<br />

and the people. This report, while it embodied much<br />

that was subsequently enacted hj the legislature, was not<br />

adopted at that session.<br />

He had Mauy Ene- Col. Stoddard was uot witliout cuemics, and<br />

^i

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