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"An Act to prevent Paper Bills of Credit, hereafter to be issued in any of His Majesty's Colonies or Plantations in America ..."

An Act to prevent Paper Bills of Credit, hereafter to be issued in any of His Majesty`s Colonies or Plantations in America ...

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    The Currency Act, passed in 1764 along with the Sugar Act, prohibited the printing and issuance of paper money by Colonial legislatures. It also set up fines and penalties for members of Colonial government who disobeyed, despite the long-standing currency shortage.