Letter

Oliver Wendell to Abigail Adams, December 31, 1779

Boston Decr. 31st. 1779

Dr. Madm.

Mr. Cranch deliver’d me your Letter with the five french Guineaus which at the Insurance Office I endeavord to hawk to the Money Voyagers. I found 30 for 1 the most they wou’d offer. Mr. Billy 1 who has purchased much hard Money told me he had offerd him 200 hard Dollars the Day before at that Rate. I have no Doubt that 33 and 35 had been given but the late Reports of a Loan being establishd by Congress and that they have actually drawn some Bills at 25 for 1 seems at present to check a further Depreciation. Part of this Report comes by Mr. H. Marchant a Member of Congress which gives it Influence. However I send you 30 for 1 and having the Guineaus by me if I can do better, it shall be your Advantage.

The State of the Account I subjoin and am with my Respects added to Mrs. Wendells, Your very Humb. Servt.,

Oliver Wendell

Sources
Founders Online u2014 Adams Papers View original source ↗