To William Seton
9 May 1791
I am desirous of making a further payment to Mr William Hill,1 of five thousand Dollars on account of his contract for cloathing for the Troops. The Bank of New York will oblige me by making him a payment of that sum, & taking his receipt for the same, as on that account. This sum will be charged, during the vacancy of the Comptroller’s Office, to the seperate account for the United States, as in the former payment.
I am, sir Your Most Obedt Servant
PS. The Treasurer has been directed to send you for sale Two hundred thousand Guilders to be disposed of on the same terms with the last2—that is at 36⁴⁄₁₁ ninetieths per Guilder payable in sixty days, or in Ninety with the discount for thirty. Instead of two good names or two firms, one good name and a deposit in any species of the Stock of the United States, at its lowest current value, to an amount equal to the sum purchased will suffice.3
LS, Mr. William H. Thomas, Cleveland, Ohio.
3. The postscript is in H’s handwriting.