To Thomas Smith
Treasury Department April 26th 1790.
You mention in Your Letter of the 22d. Instant1 that certificates have been presented to you on which there are four Years interest due.
This gives me reason to apprehend that you may have admitted the calculation of Interest on them beyond the period as fixed by Congress, which is up to the 31st December 1787—and no latter.
If this should be the case you have acted contrary to my circular instructions to the Loan Officers of the 12th Octobr last; and if any error has happened in that way, you will endeavour to rectify the same, and will discontinue the practice in future.
I am Sir Your obedt Servt
Thos Smith Esqr
late Commissr of the Loan Office for Pennsylvania
LS, Columbia University Libraries.
1. Letter not found.