How Indian land should be purchased.
Document 1797Morris argues that the Indians have the right to stipulate how the money for the purchase of Indian land shall be appropriated and it seems that they would prefer an annuity.
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[Copy]
The Honorable James McHenry Esqre. August 11. 1797
Sir Observing in a Copy of your Instructions to Colo Wadsworth, the following Paragraph "You will be "pleased conformably to these Ideas, should a fate be "made, to stipulate in the Treaty that the Purchase Money "(exclusive of the Presents that may be required by them on "the Spot) consist of Bank Stock to be vested in the President "of the U States for the use of the Nation, The Dividends whence "to be annually paid to its Representatives or in such "manner as may be agreed on — I have no Objection to this Article provided the Indians agree to it and as they have an unquestionable right to say how the Purchase Money shall be appropriated, I could only wish that Colo Wadsworth should not be bound to insist on Conditions which the Indians may properly object to — I do not think they will object, because I have reason to believe they wish for an Annuity I have directed my agents to give them their Choice of Money down or an annuity — If the latter be preferred they may still have a choice between Bank Stock or the funded Stock of the United States — To me it is
no Consequence how they may invest their Monies, but as they have an unquestionable Right to determine for themselves I am fearful that should they decide otherwise than you have pointed out, Colo Wadsworth may feel himself bound to comply with the letter of his Instructions and my Business be defeated contrary to your Intentions. I must therefore request that you now write by the Mail on Monday morning, giving such Latitude or Explanation to his Instructions as will do away the danger I apprehend, and I am sure that you may safely rely upon his Discretion — I pray you to excuse the Trouble I give you and to be assured that with Sentiments of Esteem & Respect I am [undecipherable] & c
(Signed) R Morris
Type
Contemporary Copy of Letter Signed
Description
Morris argues that the Indians have the right to stipulate how the money for the purchase of Indian land shall be appropriated and it seems that they would prefer an annuity.
Date
08/11/1797
Author
Recipient
Repository
Collection
Document number
1797081147501
Page start
1
Note
Copy.
Notable persons
Honorable James McHenry
Robert Morris

