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JAY TO ROBERT R. LIVINGSTON. 213 place with respect to those on me. Besides, as the singular policy of drawing bills without previous funds will now be relinquished, we have reason to flatter ourselves that we shall in future have no embarrassments of this kind to struggle with. I am well persuaded that Mr. Morris will not pursue such hazardous and unprecedented measures, and therefore, as in all human probability the present difficulties will be all that we shall have to surmount, I hope you will think with me, that the utmost exertions should be made for the purpose, and that after having done so much to save the credit of American bills you will still be disposed to do every thing in your power to put it out of danger. When it will be in my power to replace the sums drawn from you, is hard to divine. All I can say or do is to assure you that nothing but want of ability shall delay or prevent it. When I consider how much might have been saved had my bills on you been sold to those who would have taken them on the best terms, I cannot forbear thinking it would be advisable to give me only general authority to draw for such sums as I may want, not exceeding the one you may limit. The sum wanted for October is twelve thousand five hundred and sixty-seven dollars, and for November three thousand and six hundred. I particularize only the payments due in these two months, because before the first of December I hope my expectations from other quarters will at least be ascertained.
Title | The correspondence and public papers of John Jay - 2 |
Creator | Jay, John |
Publisher | G.P. Putnam's Sons |
Place of Publication | New York, London |
Date | [1890-93] |
Type | Books/Pamphlets |
Title | 00000234 |
Type | Books/Pamphlets |
Transcript | JAY TO ROBERT R. LIVINGSTON. 213 place with respect to those on me. Besides, as the singular policy of drawing bills without previous funds will now be relinquished, we have reason to flatter ourselves that we shall in future have no embarrassments of this kind to struggle with. I am well persuaded that Mr. Morris will not pursue such hazardous and unprecedented measures, and therefore, as in all human probability the present difficulties will be all that we shall have to surmount, I hope you will think with me, that the utmost exertions should be made for the purpose, and that after having done so much to save the credit of American bills you will still be disposed to do every thing in your power to put it out of danger. When it will be in my power to replace the sums drawn from you, is hard to divine. All I can say or do is to assure you that nothing but want of ability shall delay or prevent it. When I consider how much might have been saved had my bills on you been sold to those who would have taken them on the best terms, I cannot forbear thinking it would be advisable to give me only general authority to draw for such sums as I may want, not exceeding the one you may limit. The sum wanted for October is twelve thousand five hundred and sixty-seven dollars, and for November three thousand and six hundred. I particularize only the payments due in these two months, because before the first of December I hope my expectations from other quarters will at least be ascertained. |
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