In an attempt to establish an accurate land and rent roll, the Assembly passed the Quitrent Act. It voided all of the old Proprietary patents and ordered that, within eighteen months, these and all other land titles must be registered.
A law also established the South Carolina currency at a ratio of seven for one with sterling.
Francis Sheftall, a Jew who came to Charlestown after the fall of Savannah, wrote that after the occupation she:
rented a house in St. Michael’s Alley at the rate of 50 pounds sterling a year, and where the money is to come from god only knows for there is nothing but hard Money goes here and that I can assure you is hard enough to be got.