Bonds from Amsterdam Banks, Disbursement of Funds, Etc.
Document 1794Wolcott discusses several Treasury matters including bonds placed to the credit of the United States by bankers at Amsterdam, and bills of lading for casks of saltpeter shipped from Hamburg on the ship "Bacchus".
No human transcription currently available for this document.
This transcription was generated by machine using Anthropic's Claude Code (a mix of sonnet and opus models). It may contain errors or inaccuracies. Please verify against the document image. Learn more about our generative AI methodology.
[docket notation written sideways: e Hitch & Hamiltons / Oct. 14 1794]
Phil.a Oct. 14 1794
Sir
Letters [strikethrough: received this day from] [written above: were yesterday] rec.d from our Bankers at Amsterdam dated July 1st/ 15.th And August 1st & 15th by which it appears that the following [strikethrough: Proceeds is the] Bonds were placed to the Credit of the United States in June & July 1794 viz
In June 92 bonds. — f 92,000.
5 months Interest on do — 1,916.13. 93,916.13.—
In July 426 bonds. — — — 426,000.—
6 mo Interest on do — —10,650.—|— 436,650.—
f 530,566.13.—
According to your instructions I understand [strikethrough: that] this sum may be drawn for, which I [strikethrough: have] [undecipherable: take] measures for having done accordingly.
The balance of the Bankers are [strikethrough: at present] in fav of the United States on the 1st & July the sum of f 1,431,709: 3: 0.
In the Letter dated August 15.th a list of Lading is inclosed for the 89 casks of Salt Petre weighing about 70,000 lbs which appears to have been shipped from Hamburgh for [strikethrough: the] Philadelphia on the 6th of August, on board the Ship Bacchus Richard George Master.—
The Letters announce nothing of importance more than is contained in the Letter of [strikethrough: that] July 15.th of which I enclose for your satisfaction duplicates having been rec.d.—
M.r Willings advised me some time since not to reduce the price of Exch.e on Amsterdam— the bills however are not sold the last time I enquired I shall make a further enquiry in the future—
I cannot be certain from an Examination of the statement made by M.r [undecipherable: Mygne], in your [undecipherable] whether funds are obtained for all the demands accruing in Amsterdam— It may therefore be left to for you to inform me, whether I understand you right— [underline: that all the sums reed after June 1. 1794 may be drawn for—] yrr
Dear Sir [undecipherable]
Type
Autograph Draft Letter
Description
Wolcott discusses several Treasury matters including bonds placed to the credit of the United States by bankers at Amsterdam, and bills of lading for casks of saltpeter shipped from Hamburg on the ship "Bacchus".
Date
10/14/1794
Author
Recipient
Sent from
Philadelphia
Repository
Collection
Document number
1794101490001
Page start
1
Notable persons
Alexander Hamilton
Oliver Wolcott, Jr.
Treasury Department
Richard George
master
Mr. Willing
Notable locations
Amsterdam
Hamburg
Netherlands
Germany
Philadelphia
Notable items
ship Bacchus
bonds
credit
bills of lading
casks
saltpeter
saltpetre

