Treasury Department Circular to the
Commissioners of Loans1
January 11. 1791.
It has been stated to me that bills of the old emissions,2 expressed to have been issued in pursuance of an Act of Congress of 2d. July 1777, have been presented to the loan officers. As no such resolution of Congress appears on their Journals all bills of that description must be rejected by you as counterfeits.
I am, Sir, Your obedt. servant
LS, to Nathaniel Appleton, from a private collection.