Letter – John Erasmus Blackett to Diana Beaumont – 23 Apr 1804

Mrs Beaumont under cover to 				Newcastle 23rd April 1804

Colonel Beaumont Portman Square, London



Dear Madam

      I have this day been favoured with your Letter of the 21st Inst and observe the contents. I now enclose you a Letter from the Bank of Loraine & Co with the Terms on which they will undertake to provide notes for the Lead Pay, & the discounting Bills to the amount of £5,000 on London three Months Date; no other Bank at this Place will (I am certain) undertake the Business on more favourable Terms; it is not in my Power to procure the Bills at present, but you may be assured of having them by the end of the Week; the Sketch of the arrangement which I have made, and enclose, may I hope be satisfactory to you & likewise to Sir R[ichar]d Carr Glyn & Co. I have no Doubt that Mr C. Blackett would readily give me his advice, but so far from having any assistance from him, his Military Engagements at present, even prevents me settling with him respecting his Payments by Bills, w[hi]ch I cannot get effected till Wednesday; I am not without my Inconvenience, for altho’ I have not myself any Engagements of that kind, the five Clerks in the two Offices have. A Bill for the third Instalment of Easterby & Hall due in November can not possibly be obtained from their Committee till the Time, an application of the kind was made by the Committee of Surtees Burdon & Co. & refused acceding to. I understood when Mr Bowns was here last, that he intended being at a meeting of the committee of Surtees & Burdon the end of this Month, to learn what Creditors would come into the Measure of being withholding Creditors for a Length of Time & for what amount; I shall meet the Committee & acquaint you with their answer for you to judge of & I really do not see the Necessity for Mr Bowns to come over solely on that account.

      Mr Parker (a Partner in the House of Walkers Maltby & Co.) has been with me this Moment, & at present declines drawing the Bills that I required of him last Week, at six Months from the Date of the Sale as by agreement, until he had an answer from his Partner Mr Maltby to whom he had wrote, but supposing that he may have left Town he had wrote to him at Derbyshire, & I expected an answer on Tuesday; I told him we were circumstanced, & that in Case he did not comply with my request & indeed my Demand according to Agreement under his Hand, that on Wednesday I would draw Bills on Messrs Walkers Maltby & Co for the amount according to their agreement with me, & I had no Doubt of their paying due Honour to my Bills; thus the matter stands which I hope may satisfy Sir R[ichar]d Glyn & Co for the present.	

      I am etc. J.E.B.



Bills to the amount of £5,000 & upwards will be placed in the Bank of Loraine & Co. to discounts