From Alexander Hamilton
Treasury Department [Philadelphia] July 29th 1791
The Secretary of the Treasury has the honor respectfully to submit to the President of the United States, a contract made by the Collector of the District of Washington in North Carolina, for the stakage of all the shoals & channels of that State to the Northward of the District of Wilmington, which have been heretofore thus designated.1 The former stakes having generally fallen to decay, or being washed away for want of attention, the expence will be necessarily greater in the re establishment than it probably will be in the future preservation of the stakeage now intended to be executed. It is stated by the collector that the contracts for the renewal of the stakes on these waters shortly after the late war, was made at the rate of 250 Dollars pr annum, & that tho’ the expiration of so considerable a part of the current year had given rise to an expectation that he should be able to contract for less money, yet he found it impracticable to provide for the execution of the business on more favourable terms. Tho’ there does not appear to be any thing particularly advantageous in this agreement, the Secretary begs leave to suggest an idea that the interests of the United States may be more advanced by the immediate accommodation to the navigation, than it might be, by an uncertain experiment of forming a more reasonable contract.2 All which is humbly submitted
Sey of the Treasury.
1. John Gray Blount and Charles Cook on 6 June contracted with the customs collector of Washington, N.C., Nathan Keais, to stake channels through the Swash, Royal Shoal, Portsmouth Channel, and the Pamlico, Pongo, and Tar rivers in North Carolina (DNA: RG 26, Lighthouse Deeds and Contracts, vol. A, 6). Keais forwarded the original contract to Alexander Hamilton on 16 June (Syrett, Hamilton Papers, description begins Harold C. Syrett et al., eds. The Papers of Alexander Hamilton. 27 vols. New York, 1961–87. description ends 8:483).
2. Tobias Lear returned the contract to Hamilton this day with GW’s approval (DLC:GW).