From Edmund Randolph
Philadelphia January 3d 1794.
I was informed by my predecessor,1 that he has been in the practice of remitting to the Bankers of Amsterdam2 ten thousand dollars every quarter for the objects of the foreign fund in his disposal. He added, that two quarters ought now to be provided for. Shall I beg the favor of you to enable me to execute this part of my trust? Bills furnished by the Bank, would be more agreeable to me than the money.
I have the honor, Sir, to be with respect & esteem yr. mo. ob. ser.
LC, RG 59, Domestic Letters of the Department of State, Vol. 6, January 2–June 26, 1794, National Archives.
1. Thomas Jefferson’s undated “notes” for Randolph concerning the State Department contain a paragraph entitled “Remittances to the foreign ministers,” in which Randolph was advised to keep ahead of the dates when remittances abroad were due in order to profit by the exchange when it was low (copy, Thomas Jefferson Papers, Library of Congress).
2. Willink, Van Staphorst, and Hubbard.