Sir:

We were honored a few days since with your Excellency's Letters of the 20th December and 21st January, 1786, in answer to ours of the 10th, 25th and 29th, October. Be pleased to accept of our acknowledgments for the Trouble you have taken in seeing Mr. Skinner duly qualified as Commissioner of the Loan Office and to transmit to this office by Post the Bonds and oath of Office.

We flatter ourselves that the Legislatures of the State of North Carolina will not break up without complying in the fullest manner with the late requisition.

The critical state of the Union calls for every exertion in the several States to enable Congress to discharge the Interest and Principal of the Engagements entered into with Foreign Nations for the establishment of the general liberties.

A report has prevailed that the Legislature of the State has Ordered the Purchase of a certain Quantity of Tobacco in order to Establish funds for the payment of the States quota in Specie; if it has any Foundation your Excellency will oblige us in giving notice from time to time of the progress made in this business, that we may know in what manner it is proposed that the Monies arising from this transaction should come into the public Treasury and when we may depend on it.