Letter – John Erasmus Blackett to Diana Beaumont – 1 Aug 1803

Document Type: Letter
Date: 1 Aug 1803
Correspondent: John Erasmus Blackett
Recipient: Diana Beaumont
Archive Source: TWA DF HUG 149
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Mrs. Beaumont under Cover to				Newcastle 1st. Augt. 1803

Colonel Beaumont Portman Square, London

					

Dear Madam

       I wrote to you the 23d. Ulto. to which I beg leave to refer you, as well as to what Mr. Bowns would inform you of. –

	On Saturday I attended a Meeting of the Cred[ito]rs. of Messrs. Easterby & Co. and inclosed I send you a Statement of their Affairs which they laid before us, & likewise a Copy of the Resolutions come to at the Meeting; the Statement appears to be very fallacious in many Respects, & I fear it will prove so;  the Committee are proceeding in the Investigation of their Statement. – Mr. Crawhall & Mr. Emerson with Mr. Walton &c. propose going to the Arkendale Mines the middle of next Week or the Week following, that it may not interfere with their Meeting Mr. Cockshutt at the Mines. – I understand that the Workmen are much dissatisfied in not having their lending Money every Month as usual of late, on which Account I have consented that they shall have £2-,,-,, every two Months instead of £1-10.,, which I intended & which I hope will satisfy them for the present; I wrote to Mr. Bowns on the 30th. enclosing a Bill for £1,000-- & a Copy of the enclosed papers; I send by this Post for Messrs. Ransom Morland & Co. a Bill for £2,000—[in margin is written: Bill No 360] , in a few Day £1,000-- more shall be remitted to them on your Account.-

       I proposed to the Committee that Mr. C. Blackett should attend for me in the Investigation of the Accounts of Easterby & Co. but it was objected to, as he was a Purchaser of Lead and in Consequence was interested in the Reduction of its Price. – The Lead Houses refuse to give £32 p[er] Fo[dde]r. & I am apprehensive that the present Price cannot be supported from the small Demand, & from the foreign Ports being shut against Importation. – The House of Messrs. Losh Lubbren & Co. who are indebted to you upwards of £1,600 – have become Bankrupts & I fear you will be a Sufferer by them.

       The Gentlemen who undertook the Investigation of the Bank Accounts, are proceeding with them, and the Proprietors have consented to allow 5 p[er] Cent Int[eres]t. from the 30th. June for the Debts due from them as well as their Notes in Circulation. –

       The Bank of Sir Wm. Loraine Bt. & Co. are dissatisfied with Mr. Bowns Mode of conducting the Business & I do not believe they or any other Bank at this Place will carry it on, on that Footing, neither do I believe that your great Pay can possibly be made in Notes of the Bank of England: the Number of forged Notes that have been in Circulation have prejudiced the Country against accepting them in Payment nor could they get small Change for <….> from any of the Banks of this place [struck out: from which they were. ] I am &c. J.E.B.

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The Dukesfield Smelters and Carriers Project aimed to celebrate and discover the heritage of the Dukesfield Arches & lead carriers' routes between Blaydon and the lead mines of Allendale and Weardale. A two year community project, it was led by the Friends of the North Pennines in partnership with Hexhamshire and Slaley Parish Councils and the active support of Allendale Estates. It was funded by the Heritage Lottery Fund and the generous support of other sponsors. Friends of the North Pennines: Charity No:1137467