Alexander Hamilton Papers

From Alexander Hamilton to Jean Baptiste de Ternant, [11 March 1792]

To Jean Baptiste de Ternant1

[Philadelphia, March 11, 1792]

Dear Sir

I hoped ere this to have sent you the calculation desired.2 But it happens that the Gentleman of my Office whom I usually employ on such occasions is unwell and I have been too much engaged myself to test by calculation the idea which has been in my mind.

Of this however you are sure that the charges being 4 per Ct
and the interest for 6 Months per Ct
per Ct

six and a half per Ct. is the utmost extent of the requisite imdemnification.

If there is no fallacy in my view of the matter, it will be less; though it cannot be more. But I am not certain on reflection that there is not some fallacy in the view I had taken of it. Tomorrow or next day will decide.

Yrs. with great attachment

A Hamilton

The Minister Plen of France

ALS, Arch. des Aff. Etr., Corr. Pol., Etats-Unis description begins Transcripts or photostats from the French Foreign Office deposited in the Library of Congress. description ends , Supplement Vol. 20.

1For background to this letter, see H to Ternant, March 8, 1792.

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