New York March 24 [undecipherable] [M]^r Phillips is now in Town — he has not brought out the [undecipherable] [undecipherable] or Certificates which you please [undecipherable] [undecipherable] money out of his hands without a surity that [will?] be paid as Agent to the regiment, or his obligation to you being put in suit — it is now a long time since this account ought to have been settled, and as I look on [undecipherable] your obligation for these securities, I look on you as the only responsible person to owe the United States for the [them.] [strikethrough: undecipherable] [strikethrough: undecipherable]. I his transaction must be settled soon. I am therefore of opinion that if you can find it convenient it will be well to come here & settle with [him;] and if you cannot do, that you on this occasion take such steps as you may think advisable. I wish for your answer as soon as possible.