A Collection Transcribed
and Digitized
by Edmund Berkeley, Jr.
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Summary
Letter from Robert Carter to John Randolph, June 28, 1731
Robert Carter writes to attorney John Randolph, June 28, 1731, to send him bills of exchange for a purchase that he and his son, Secretary John Carter, wish to have Randolph arrange.
Letter from Robert Carter to John Randolph, June 28, 1731
-1
-
Corotoman, [Lancaster County, Virginia]
28 June 1731
To John Randolph Esqr
Sir
According to your Desire I now send you three Sets of
bills of Exchange,
[illegible] For
on
my own Accot for £56.7.6 on Mr Pemberton
of Liverpool, the other two sets for one hundred & fifty three pounds
& Sixpence on Accot of Colonel Page's
Estate on Mr Perry;
to these Sets the
Secretary's
Hand must be had & I absolutely depend upon your
Word for it. Mine being an Outport
Bill may perhaps not be
so very agreeable. If it will be the least Detriment or Disappoint=
ment to you, return them by my Son & I will send you London Bills
in the Room
of them. I had some Apprehensions these Bills upon
your accot of Colonel Page were to be delayed [illegible]
until the
going out of some of the
Later Ships; how Mr Secretary will relish giving them so soon I can't say
you know what a ticklish affair this is, but I can't think a little time
will make any Difference with our Creditor, although in our Advices we
told him our Bills would not come upon him until the later Ships
I believe in two or three months I may have Occasion for a --
pretty large Sum of Cash it may be a hundred pounds or more;
how your Stock may hold out you will please to
advise
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advise me I shall look out to no other; I have several in my View that
will willingly embrace my Custom
, but I shall not look further
if you will supply me. I am in no doubt you have taken proper Care
in the Security of my Purchase. I heartily wish you
the Enjoyment of your Entire
Health & am
Sir
Your most humble Servant
I send a Letter of advice with
my Bills on Pemberton If you
return them please to send that back to me also.
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.
The county and colony have been added for clarity to the heading on this draft.
[1] 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. (See "Bill of Exchange"
in the online Dictionary of Financial Scam Terms: the Truth vs. the Scam.
)
[2] Out port means "a port outside a particular place; any port other than the main port of a country, etc.; spec[ically]. a British port other than London." ( Oxford English Dictionary Online
)
[4] Carter uses the phrase "in the room of" in the sense "in the place of, in lieu of. . . . ." ( Oxford English Dictionary Online
. Oxford University Press.
)
[4] Cutstom means "business patronage" as Carter uses it here. ( Oxford English Dictionary Online
. Oxford University Press.
)
This text, originally posted in 2006, was revised October12 , 2015, to add footnotes and strengthen the modern language version text.