From Tench Coxe
May 23d. 1793
I have the honor to inform you that the house of Pragers & Co. will supply some Bills on Amsterdam at 3/ Pennsa. Money, or 36 ninetieths of a dollar. The Treasury bills supplied for the use of the Department of State on the last occasions were at 364/11 Ninetieths, which the Merchants consider as the par.
Not being in trade I would recommend an Application to Mr. Vaughan in regard to Messrs. Pragers bills, which however I consider as among the best at all times.
If you wish to have the matter completed I shall be ready to make the Enquiry and to procure the bills on your favoring me a note of the number of Dollars to be invested.
British bills are to be procured at 70 Cent, or 2 Cent premium. With great respect, I have the honor to be, Sir Your most obedt. servt.
RC (DLC); endorsed by TJ as received 23 May 1793 and so recorded in SJL.