This legislative miscarriage failed to deter later efforts directed toward the same end. In February, 1748/9, as a result of an inquiry by the Board of Trade into the state of colonial paper currency, 398 leave was given to bring a regulatory bill into the House of Commons. 397 The new proposal was more concerned with the enforcement of royal orders and instructions than the earlier bill. The bill recited that some colonies had not paid due regard to royal orders and instructions, but had assumed an exemption therefrom under pretense of royal charters. Further, that some doubts had arisen touching the power of governors, or their equivalents, in respect to the making of acts and orders. Therefore, it was enacted that all governors, etc., should pay strict obedience to such royal orders and instructions as were transmitted to them. After a certain date all governors, etc., were required to negative all acts and orders passed in their respective colonies repugnant to the royal orders and instructions or which should be conceived to be repugnant to the interest of the realm and to the public good and welfare of such colonies. All acts and orders made within any colony after signification of such dissent should be "null and void, and of no force whatsoever" until such time as the royal pleasure should be signified thereon. 398 The purport of this bill is not immediately evident. It conferred no new powers in most colonies, because the governor's assent was already a necessary part of the legislative process. It did confer veto power upon the governors of Rhode Island and Connecticut, which had been previously lacking, and resolved doubts as to the authority of royal instructions in those colonies. But since instructions had not been previously dispatched to those chartered colonies, the recitals in the bill are misleading. Of course, strong opposition to the bill developed from several colonies. 399 Counsel for the opposing colonies 596 g ee jcTP, 7747/2-49, 370, 376, 378, 380. Cf. Basye, The Board of Trade, 1748-1782, 37— 39- 397 25 J.H. of C, 746. 398 A bill to Regulate and Restrain Paper Bills of Credit in the British Colonies and Plantations in America, and to prevent the same being legal Tenders in Payments for Money; and for the better enforcing his Majesty's Orders and Instructions throughout the said Colonies and Plantations (1 Parliamentary Papers Printed by Order of the House of Commons from the Year 17JI to 1800, Bill #39). New York agent Robert Charles wrote that "this bill has been long in agitation at the Board of Trade and is formed nearly on the model of one, which about four years ago was brought into Parliament." Charles had seen a written copy of the bill but understood it would undergo several alterations before it was brought into the House. Going on to the implications of the declaratory clause, the agent stated that the royal instructions had always been considered as the rule of the governor's conduct, rather than the measure of the people's obedience (Charles to David Jones, March 2, 1748/9 [Wm. Smith MSS]). Thomas Penn wrote that there was a clause in the bill to give the royal instructions "a force nearly equal to that of a law, but such a power I think the House of Commons will not consent to when it is explained to them" {MS Penn-Hamilton Corres., 1748-70, 1). 399 p or me petitions opposing enactment presented by the agents of Connecticut, Pennsylvania, and Rhode Island see 25 J.H. of C, 792-94. For that of some London merchants see ibid., 806-7. F° r those of the agents of