Robert Carter writes to London merchant Richard Perry, July 18,1720, concerning the investment of a large sum of money that heexpects to earn from his current tobacco sales, reminding Perry of anoffer that he had made to invest £2,000 with Perry at 5 percentinterest to which Perry had not responded. He tells Perry that hewill approve if Perry takes Carter's funds out of an annuity andhopes he will then keep it at interest, and he prods Perry further bynoting that he knows of someone who will accept his funds forinvestment.

     I have been Considering my Account Current and
Supposing my Stemmed Tobacco that is unsold comes outat 11 pence ,
and The Jamesriver Tobacco to clear about 6 or 7pound per hogshead, This may
make an addition to myAccounts of near abt. 2000 £. now upon this Calcu=
=lation I cannot bein any want of The money That is out upon
The Annuity wch am very desirous Should Still Continueupon
An Interest,

     I remember a Year or two ago I made a proposal to
You totake of me 2,000 pound at £5 perCt. to which as Yett [sic] You
gave me no answer If You should findIt most prudent to take
back into Your hands That annuity As Itseems most to
Correspond with Your Judgemt. I Should be very glad You will
let that money lie in Your hands at the rate of 5 per Cent ,
I am the rather willing to hope You may Afford to do This because I
know a Certain Gentleman of a verygreat fortune who is a particular acquaintance of yors. that has
lately taken some money into hishands of a Friends of mine at
That Interest and I have Strongreason to believe tht. I may
prevail with him to take some of mealso. You are upon the spot
and are ready to make alladvantages of Your money as they
offer, You will be veryobligeing to come into this proposal