From Thomas Boylston
London May 1786
Agreeable to your request, I here inclose you the premiums at present given on Vessells, sailing under American Colours, own’d by Subjects of the United States
|From America to England or Ireland||4 Guineas|
|From ditto to Bilboa||5 Guineas|
|From do. to Lisbon||6 Gs.|
|From do. to Cadiz||8 Gs.|
The like premiums are given on such risques on the Voyage back to North America. Nothing has been done on American Vessells up the Streights; 15 guineas Ct. has been talk’d of; its the General Opinion of the Underwriters that the premiums will advance very much, if the Barbary Cruizers should make any fresh Captures, but there’s no saying precisely how much. The premium from any of the United States to any part of England, France, Spain, Portugal or Italy, for the dangers of Seas only are 2 and 2½ Ct.
If any thing has been, or likely soon to [be] effected, respecting the reduction of the duties on Spermacity Oil, You’ll Oblige me to favor me with a line on that subject by return of the post. I’m Sr. with great regard Your Hum. S.,
RC (DLC); addressed. Noted in SJL as received 3 June 1786. TJ’s request of Boylston may have been made in conversation during the trip to London; there is no letter from him to Boylston on the subject.