Issue of April 5, 1740

The Issue of April 5, 1740 series of South Carolina Colonial Currency in the U.S. Currency contains 2 distinct entries.

£25,000 (£3,333 sterling at about 700% advance) was issued in non-interest bearing Public Orders receivable for taxes within 4 years. An attempt to establish a General Loan

Office to secure an issue of bills pursuant to an Act of May 29, 1736 had been disapproved by England. Signers were Edmund Atkin, Robert Austin, William Bull, Jr., John Dart,

Thomas Drayton, and Jordan Roche.