Head Qurs Passaick Falls Novr 7th 1780
I have received your favour of the 24th. of October and have to observe on the subject that the plan suggested for paying and supplying the Army, and prosecuting the War with vigor, would undoubtedly be eligible if practicable. How far this is, or is not the case, I cannot take upon myself to determine.
Should the scheme in contemplation be carried into execution; Whether it would be most advantageous to have the Plate coined and thrown into circulation, or made the basis of a Bank to support our credit might be made a question. But that this aid (if well disposed of) with other vigorous and decisive measures for drawing out the resources of the Country, would have a powerful influence in retrieving our affairs, disconcerting those of the Enemy and inducing them to wish for a peace does not admit of a single doubt. The adoption of the Plan spoken of by you might give a credit to the public virtue of this Country at Foreign Courts that would be attended with important advantages to us. I am, Sir
DLC: Papers of George Washington.