2 full pages, 4to. In excellent condition." />
12 June 2008
MORRIS, Robert. Autograph letter signed ("Robt.Morris") with initialed postscript, to Messrs. Carey & Tilghman in Baltimore; Richmond, 3 July 1788. 2 full pages, 4to. In excellent condition.
SPECULATING IN COAL AND COAL-YARDS. Morris, seeking new investment opportunities after the expiration of his tobacco contract with France, reports on "some Coal Pits here," owned by him and Mr. Willing. He has been trying to put them on a better footing...and in expectation of doing so, I wish to fix a Coal yard at Balto., another at Philadela, and New York & at Boston, so as to send Coals thither whenever Vessels can be got to carry them, so as always to keep up a Stock for Sale at a certain price never to be raised or fallen...." He discusses freight charges for "several Craft" he is loading with Coal, and adds that "this consignment can only deserve attention provided it is followed as I propose by many more. You will...provide a proper place to receive these Coals as a beginning...."
He confirms the chartering of the ship Sampson, "and I hope you will soon be able to compleat her Cargo & be ready to begin on another. You will act in the affair of Mr. Hanson or Hooper & as you shall think best but unless there be some sufficient inducement for granting longer delay, it may be as well to insist on payment."
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