John D. Blanchard to Moses Austin, 05-17-1795
Summary: Financial depression. Relations with Ruston. Stephen Austin's operations in England.
Philadelphia
Dr Sir Your favor of the Rascall. You must write me by
the return of Post at what deduction I must take the goods from
Lauman and West on my own a/c as I wish to appropriate it
immeadiately; the goods sent to Shannen's Auction Store Neated the
sum of £297.7.8 and the Amount sent to him was £453.19.4
difference £156.118 you see more than a third part is lost—you must
know it is but right that some certain price should be affix'd and what
rate I must take the goods on my own account, I want no advantage,
but I am dunn'd very much and stand much in need of relief, Pray
fix this matter for as to taking the goods by the package at £150 pr
br. [?] advance price from the Sterling cost it will not do and he will
not give them less—Inclosed you have a letter from your Brother
you find I am to receive 960 £ Sterling in musical instruments I
could wish I knew what to do with them when they arrive, he has
sold 35,000 Acre of Land at 3/ Sterling, pr Acre, no doubt he writes
you on the subject he has not yet sold the mines nor does he seem
like to yet, but seems in good spirits and is determined, to do
something great before he quits Mm Austin's family are well— I had
a bill drawn on me by Thomas Norwall of Richmond which it was out
of my power to pay and I thought he was not to draw bills on me
Remember Millers things to be for my account and dont forget the Hams—