Presuming upon the place which I have ever flattered myself I have enjoyed in your favorable opinion,—I do myself the pleasure to offer you a Correspondent, and as my political Intelligence will not be drawn from common sources,—it may perhaps be more satisfactory and serviceable to you.—
Politics are at this season always at a stand as the Men of Business are all in the Country;—the death of Mr Geo Townshend who was the first man in the Kingdom, for abilities as a Speaker, has for this two or three days, brought all parties to town,—tho' the Consequences have not yet transpired:—let who will be in.—st to furnish us with Exchequer bearing Interest,—to be let into Circulation, partly by the payment of the Army and Navy bills,—partly on loan to the sev1 Cols—the 2d—to establish a Bank for America, as an Appendage to the Bank of England, and to supply us with Bank-notes:—the 3d (and I think the most probable and eligible)—to take the Affairs of the Colonies out of the hands of the Parliamt and place them in their old Channel, that is, under the direction of the Crown, and the Great Boards,—by repealing the restrictive Acts—in which Case the colonies will be admitted to issue Bills, as they judge most expedient, on these conditions, 1st that they are not to exceed the Quantum prescribed by Parliament—nor at any time after to increase it, witht leave from the Crown: 2dly—that all debts due at the time of the Emission shall be secured in value, and not suffer by any increase of Exchange, occasioned by such Emission.—3dly—that all sterling debts & contracts, shall be paid in Value:—To these conditions I shod imagine the Americans could not have any very weighty objections:—but previous to anything on this head, the assent of the Colonies respectively, to these conditions;—must be signified, by an Agent properly authorized,—and without this nothing will be done :—There seems then an apparent Necessity, that either an Agent be appointed generally, or some person in whom you can place confidence, named & authorized for this particular Service.—If your House of Assembly conceive, that from my Knowledge of the Country, and connections here, it may be in my power to transact this particular service for them,—I do thro' You, d this matter be agitated, I would not have any mention made of a pecuniary Acknowledgemt—as I would choose to have that matter left to their future discretion entirely:—my Father's knowledge & extensive Connections with almost every distinguished Character of Business in the Kingdom, (to all whom I shall be particularly introduced,) give me reason to think, that my offer of service may not be conceived improperly,—but I must intreat you as a friend to whom I have freely opened myself, that if this matter cannot be done in a manner honorable to me,—it is not attempted,—for my Views are entirely independent of Interest—I think I could serve you;—I am willing to endeavor it without expence to the Country,—and you are the best Judges.—My mandamus need be no objection, as I shall certainly resign it.
To the establishmt of American Commissn of the Customs, you can be no Stranger and I should conceive, is ultimately advantageous to America.
I shall expect to be often favd with hearing from you, and of your political Maneuvres, largely. I imagine it may be two or three Years before I visit Carolina;—it has (& justly) my best Wishes & Affections, as the spot which contains both my friends & my possessions.—
I most sincerely hope you & your good family enjoy all manner of health & happiness;—Your Character justly entitles you to the Esteem of all who know you,—and believe me I conceive myself happy in the thoughts of your friendly prejudices—should anything arise here, in my power to render you acceptable Service,—I entreat you, freely command me.