To Thomas Jefferson from Albert Gallatin, 15 August 1806
New York Augt. 15th 1806
Dear Sir
I forgot to enclose in mine of this morning the within letter which I promised to lay before you, adding at same time that “the question of propriety as connected with our neutrality appeared doubtful, & that the expense, supposing we had a vessel conveniently to lend, would in my opinion be more than all the benefit accruing to the U.S. from the importation of 500,000 dollars which would be immediately re-exported.”
With great respect Your obedt. Sevt.
Albert Gallatin
DLC: Papers of Thomas Jefferson.