A Collection Transcribed
and Digitized
by Edmund Berkeley, Jr.
List of Letters
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Summary
Letter from Robert Carter to Nathaniel Gundry, September 2, 1728
Robert Carter writes to Llyme Regis merchant Nathaniel Gundry, September 2, 1728, to alert the merchant to a bill of exchange that he has drawn to John Tayloe. He notes that prices at Lyme were so low that he did not send any tobacco there last year.
Letter from Robert Carter to Nathaniel Gundry,
September 2, 1728
-1
-
Rappahannock, [Lancaster County, Virginia]
Sepr: 2d. 1728
Mr. Nathl. Gundry
Sir --
The first
I reckon you in my Debt upon your
two Accounts of Sales and the bill of Exchange
I Sent you One hundred and
fourteen pounds odd money This is to advise you I have lately
drawn upon you for four Score pounds payable to Colonel John
Tayloe
which I desire you to answer at time & place to my
Account the Ship is not yet gone that carries the bills however it is not
amiss to be Early with my Advice Your market was so low last
year I was discouraged from Sending any Tobacco to your port we had
the good fortune to meet with better prices at London I Shall take
my leave at present
Sir --
Your very humble Servant
per Dunlop
NOTES
Source copy consulted:
Letter book, 1728 August-1731 July, Robert Carter Papers (acc. no. 3807), Albert and Shirley Small Special Collections Library, University of Virginia.
Robert Carter generally used a return address of "Rappahannock" for the river on which he lived rather than "Corotoman," the name of his home, on his correspondence, especially to merchants abroad. The county and colony have been added for clarity.
[1] Nathaniel Gundry was a merchant in Lyme Regis, Dorset, and mayor of that town several times. His son was a member of Parliament and later a judge. (Notes made by Francis L. Berkeley, Jr., from George Robert. History and Antiquities of the Borough of Lyme Regis & Charnmouth.
[London, 1834]. pp. 97, 383-4.
; and Sedgwick. The History of Parliament . . . Commons.
pp. 91-92.
)
2[] A bill of exchange is a kind of check or promissory note without interest. It is used primarily in international trade, and is a written order by one person to pay another a specific sum on a specific date sometime in the future. If the bill of exchange is drawn on a bank, it is called a bank draft. If it is drawn on another party, it is called a trade draft. Sometimes a bill of exchange will simply be called a draft, but whereas a draft is always negotiable (transferable by endorsement), this is not necessarily true of a bill of exchange. ( "Dictionary of Financial Scam Terms,"
8/22/2005
)
[3] John Tayloe (1687-1747) of Mt. Airy, Richmond County, who served as justice, burgess, colonel of militia, and as a member of the Council after 1732. (Ryland. Richmond County Virginia. . . .
pp. 115-16.
)
[4] The Martha
was commanded by a Captain Dunlop and owned by Richard Oswald & Company; see Carter to Richard Oswald & Company August 11, 1729,
and Carter to Oswald, July 27,1731
.
This text, originally posted in 2004, was revised January 8, 2015, to add footnotes and strengthen the modern language version text.