Rumors of the Exchange Rate
Document 1784Delafield asks Pierce to contradict rumors that deductions are made to notes issued to officers that will affect their rate of exchange.
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New York May 8th 1794
Sir
I find myself under some difficulty how to write you at a distance, as I can only plead [undecipherable: the] alternative which at present [undecipherable: tends] to support as my apology, and have to interest you about a trifling one —
You [undecipherable] some time past [have] [undecipherable: communicated] a number of [undecipherable: tickets] with your [undecipherable: Signature], purporting to be the [undecipherable: final] settlement of account [undecipherable] in the United States [undecipherable: Army] — [undecipherable: This morning] a report has [undecipherable: come] to [undecipherable] that these notes [undecipherable] on the accounts of [undecipherable: Ring or] [undecipherable], Surgeon & [undecipherable: Dr.] that has been submitted from time to time at an exorbitant rate and that such notes will at some future [undecipherable: day] be subject to an examination and [undecipherable: Deduction] made for what appears [undecipherable: a separate] in the charges — You will be aware that such a report [undecipherable: materially] injures the value of all the Officers Notes, [undecipherable: already] at a rate too low, and you will make me happy by enabling me to contradict it from your [undecipherable]
Type
Autograph Letter Signed
Description
Delafield asks Pierce to contradict rumors that deductions are made to notes issued to officers that will affect their rate of exchange.
Date
02/13/1784
Author
Recipient
Sent from
New York
Document number
1784021360001
Page start
1
Notable persons
John Pierce
Jonathan Delafield
officers
Notable locations
New York
Notable items
account
provisions
stores
forage
rate

