The Austin Papers, Vol. 1 Pt. 1

162

AMERICAN HtSTORTCAL ASSOCIATION.

SETH .M. HUNT TO :MOSES AUSTIN l

149 Strand London

Sept. 24. 1809

MY DEAR FRIEND, The Prodamation of the President of the U. States again 1.nhibit- ing intercourse with this Country, has arrived and excites the most lively apprehension in the minds of the merchants connected with the U States-great fears are expressed that ,var will be the consiquence of the refusal of this Government to ratify Mr Erskines agreement-- for myself, I am not without a confidant hope, that ,Mr. Jackson will satisfactorily adjust all differences and place the relations of the two Countries on the most friendly footing- Owing to the high price of Cloths-the uncertain continuance of Intercourse and the general unwillingness expressed by the mer- chants and manufacturers to ship Goods to the U States on Credit-- at least, on such reasonable terms of Credit as to promise a :fair profit on their sale in America-I had therefore detirmined to post- pone any purchases, until confidence and a good understanding should be restored between the two Countries-Nothing could have proven more fortunate-since it would have been impossible for me to have shiped the Goods before the arrival of the Presidents Proc- lamation which prohibits their entrv into the U. States and I should ~ . have found myself under the greatest embarrassment, had I made the purchases and been under acceptences for the payment of the amount in 12. or 15 months-while the Goods remained in Eng- land-locked up in the ware houses of Liverpool and London- For this season your orders must go unexecuteci and how far it may be in my power to execute them by the Spring Vessells (should intercourse be restored) will principally depend on the restoration of confidence-I have the prospect--nay almost the promise of the support of a most respectable House-who I have every reason to be- lieve will grant me the aid of their credit and recommendation-if so-I shall meet with no difficulty in obtaining every credit that I may desire- y our letter of the 20 th 1\fay--'-Came to hand yesterday and is highly satisfactory as it shows your continued confidence in the success of the Lead Business with M• Bond-I hope the revival of the Non- Intercourse Act will occasion no disappointment-I have Mr Bonds Letter of the 3d July-in /which he mentions that :Mess Bellows and Cochran have accepted your Drafts for 5877 D 011 • and that he expected lead in 3 or 4 months to meet them-I persuade myself

• Original ln possession ot Mrs. Emmett L. Perry.

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