Thomas Jefferson Papers

To Thomas Jefferson from Tench Coxe, 23 May 1793

From Tench Coxe

May 23d. 1793


I have the honor to inform you that the house of Pragers & Co. will supply some Bills on Amsterdam at 3/ Pennsa. Money, or 36 ninetieths of a dollar. The Treasury bills supplied for the use of the Department of State on the last occasions were at 364/11 Ninetieths, which the Merchants consider as the par.

Not being in trade I would recommend an Application to Mr. Vaughan in regard to Messrs. Pragers bills, which however I consider as among the best at all times.

If you wish to have the matter completed I shall be ready to make the Enquiry and to procure the bills on your favoring me a note of the number of Dollars to be invested.

British bills are to be procured at 70 perCent, or 2 perCent premium. With great respect, I have the honor to be, Sir Your most obedt. servt.

Tench Coxe

RC (DLC); endorsed by TJ as received 23 May 1793 and so recorded in SJL.

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