EXCHEQUER-BILLS. By statute 5 Ann. c. 13. the lord-treasurers may cause exchequer bills to be made of any sums not exceeding 1,500,000l. for the use of the war; and the duties upon houses were made chargeable with 4l. 10s. per cent. per annum to the bank for circulating them. The bank not paying the bills, actions to be brought against the company, and the money and damages recovered: and if any exchequer-bills be lost, upon affidavit of it before a baron of the exchequer, and certificate from such baron, and security to pay the same if found, duplicates are to be made out: also when bills are defaced, new ones shall be delivered. The king, or his officers in the exchequer, by former statutes, might borrow money upon the credit of bills, payable on demand, with interest after the rate of 3d. per diem for every 100l. bill. And by 8 & 9 W. 3. c. 20. an interest of 5d. a-day was allowed for every 100l. But 12 W. 3. c. 1. lowered the interest on these bills to 4d. a-day per cent. And by 12 Ann. c. 11. it is sunk to 2d. a-day.—Forging exchequer bills, or the indorsements thereof, is felony.