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Colonial and State Records of North Carolina
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Letter from Samuel Osgood, Walter Livingston, and Arthur Lee to Robert Morris
Osgood, Samuel, 1748-1813; Livingston, Walter, 1740-1797; Lee, Arthur, 1740-1792
May 12, 1786
Volume 18, Pages 606-607

SAMUEL OSGOOD, WALTER LIVINGSTON & ARTHUR LEE TO HON. ROBT. MORRIS, ESQR., RESPECTING TOBACCO.
[From Executive Letter Book.]


Board of Treasury, May 12th, 1786.

(Copy.)

Sir:

We transmit you a copy of a Letter received by the Board from His Excellency the Governor of the State of North Carolina, relative to a quantity of Tobacco which has been purchased by that State, with a view of applying the proceeds in payment of its Quota due the United States. In a Conference with the Delegates of the State on this subject we united in opinion, that it will be most for the Interest of the State, as well as that of the Union to make Sale of this Tobacco to some Reputable Mercantile House, who will engage to pay the proceeds into the Treasury of the United States.

-------------------- page 607 --------------------
As this purchase will in all probability answer your purposes we wish to know whether you will be willing to contract for it, and if so, at what price payable in three equal Installments of Three, Six and Nine Months computed from the date of your Agreement.

The Governor's Letter specifies the quantity the State will furnish and the places of deposit. You will be pleased to favor us with your Sentiments on this proposal, as soon as Convenient.

We are, Sir,
Your obt. Humble Servts.,
SAMUEL OSGOOD,
WALTER LIVINGSTON,
ARTHUR LEE.