History of Westchester County, New York, Vol. I
' There need be no better evidence of that fact, although there is an abundance, elsewhere, than in the successive orders for th« issue of Bills of Credit, by the Convention, It continued to issue such Bills, in the name of the Colony, long after it had professed to accept the Declaration of Independence, by which it had ceased to be a Colony, {Journal of the Contention, "Die Mercurii, 9 ho., A.M., Augt. 7, 177G ") and, subsequently, when a new issue of such Bills of Credit was ordered to be printed, (Journal of the Convention, " Die Martis, 5 ho., P.M , August 13, "1776 ") it was ordered to be printed with the insignia of the Corporation of the City of New York, {Ibid ;) and the engravers of the several plates were instructed to leave a blank space where the name of the maker of the obligation should be, on those plates, in order that such name as should be subsequently found to be most useful -- the Colony, the State, the City, or something else-- might be inserted, with type, after the sheets should have been printed on the plate press-- conclusive evidence that the permanence of the new-formed State was regarded by even the master spirits of the Convention, as very questionable.
In the same connection, it may be well to inquire and to consider what the Earl of Coventry meant, when, in his place in the House of Lords, on the twenty-fifth of November, 1779, he said, " He lamented that a "War so fatal to Great Britain should ever have been begun, much more " that it should be continued with so much obstinacy; and declared that, "had the House paid attention to the propositions which he, the last "Sessions, informed them he was authorized to make from two persons "of authority and influence, in .\merica, and which, had they been " listened to, by Parliament, and agreed to, would have been ratified by "Congress, we should have been, at this hour, in peace with America." -- Speech of the Rirl of Coventry, in the House of Lords, in Almon s Parliamentary Register, xv., 17.