Continental currency ceases to be issued after…

Earlier, on April 30, 1781, Alexander Hamilton had sent Morris a letter.

First, Hamilton revealed that he had recommended Morris for the position the previous summer when the constitution of the executive was being solidified.

Second, he proceeded to lay out a proposal for a National Bank.

Morris, who had corresponded with Hamilton previously (1780) on the subject of funding the war, immediately drafts a legislative proposal based on Hamilton's suggestion and submits it to the Congress three days after becoming Superintendent of Finance.