John Quincy Adams to Thomas Boylston Adams, 30 October 1802
John Quincy Adams to Thomas Boylston Adams
Boston 30. October 1802.
My dear Brother.
I received last evening your favour of the 21st: instt: and now enclose you a set of three bills at sixty days sight, drawn on Messrs: Bird, Savage and Bird, London, for one thousand pounds Sterling—1 With them I send a letter of advice, unsealed; at the bottom of which you may add that you have endorsed over the bills, when you shall have sold them. Then seal it up, and be careful to send it by the same vessel which will carry the first bill.
You will sell the bills to the best advantage you can— And do not fail to remit me the proceeds, so that I may receive them at the latest by the twentieth of next month— Deduct from them one per cent of the amount, as your Commission, for your trouble.
If you sell advantageously (any thing above par) I hope immediately upon receiving your remittance, to send you another thousand pounds on the same terms.
Your affectionate brother.
LbC (Adams Papers); internal address: “Thomas B. Adams— Philadelphia.”; APM Reel 135.
1. Not found. Before departing Europe JQA informed TBA on 7 July 1801 (NN:Lee Kohns Coll.) that he had deposited £500 with the London firm of Bird, Savage, & Bird. JQA on 13 Oct. 1802 (NjP:Andre De Coppet Coll.) asked TBA to draw bills of exchange for £1,000 from the firm, and TBA reported on 10 Nov. (Adams Papers) that he completed the transaction as requested. For the subsequent failure of Bird, Savage, & Bird, see JQA to TBA, 2 April 1803, and note 1, below.