Papers of John Adams, volume 19

From Thomas Barclay

From David Ramsay

To John Adams from the Board of Treasury, 4 April 1787 Board of Treasury Adams, John
From the Board of Treasury
Sir. Board of Treasury April 4th. 1787

We have the Honor of Enclosing to you a Letter to Messrs: Wilhelm and Jan Willink, and Nicholas and Jacob Van Staphorst on the Subject of the Interest, which will become due on the Dutch Loans in the month of June next—1 This Letter, after Perusal, you will be pleas’d to seal and forward; together with the Enclosed Bills of Exchange, when Accepted by the Gentleman on whom they are drawn— Vizt:

36
Constable Rucker & Co. Draft on J: Rucker of London— dated 31st: March last, and payable on the first of November next for } £50.000—
Do. . . . . . . . . . . . . . . . . . . . . . on Do. . . . . . . . . . . . . . . dated 31st: March last, and payble. on the first of Decr. next—   25,000
—75.000

By conveying these Bills to you for the Purpose of Acceptance in the first Instance, we presume that Time will be saved—a Circumstance of Importance in the present Negotiation—

Your Influence (if necessary) with the Commissioners of Loans in Holland, to Induce them (should our Remitrances fail) to compleat the Payment of the June Interest, we are persuaded from your Zeal for the Public Interest will not be Wanting—

We have the Honor to be with great Respect / and Esteem, Your Excellency’s Obedt: / Humble Servts:

Samuel Osgood Walter Livingston

RC (Adams Papers); internal address: “His Excellency / John Adams Esqr. / Minister Plenipotentiary, from the / the United States of America—to / the Court of / London—”

1.

JA forwarded the original bills of exchange with his letter of 8 May to the loan consortium, below. For his attempt on 4 May to present the bills for payment to John Rucker, and the opening of a third Dutch loan to cover the interest, see JA’s 8 [May] letter to the board, below.