§ The following Protest was entered upon the Journals:
§ "Because we think it the duty of this House to mark in the first instance with the most decided reprobation, a Bill, which in our judgment manifestly leads to the introduction of laws, imposing upon the country the compulsory circulation of a Paper Currency; a measure fraught with injustice, destructive of all confidence in the legal security of contracts, and as in variable experience has shewn, necessarily productive of the most fatal calamimities:
§ "For the reason assigned on the other side, and because the repeal of the law for suspending Bank payments in cash is in ray judgment the only measure which can cure the inconveniencies already felt. 832 and avert the yet greater calamities which are impending from the present state of the circulation of the country.
§ VASSALL HOLLAND."