Primary tabs
Transcription
[Page 1]
To M. Boulton
1805 Feb 6
My Dear Sir
I feel sincere Pain in learning that your state of health has of late been so indifferent & I cannot say I have felt any Pleasure in the Perusal of Sir G. Letters Left in my hand by Mr Woodward The Lords of the Council have entangled you in a Partnership with a man whom you would under no other circumstances have connected yourself they must look to the consequences of their own imprudence & say no worse
Mr Boulton acting for himself never did or could have suggested an alteration in a Contract he had prepard he meant to take it for better & for worse to profit by the advantage if advantage occurrd & to suffer Less if Less was the consequence that the case is & must be otherwise with Messrs B. & G.
At the Present Crisis however tho I realy think that Mr G has the best of the argument respecting a rise in the terms of the Contract I should if I was you content myself with stating the Real Situation of the Copper [?] Trade to the Lords and asking their directions to make the intended Coins nearer than the actual price of Copper will allow is a Palpable absurdity calculated to saddle you with fruitless loss & to do damage to future coinages by bringing forward a weight which cannot be continued I have no doubt therefore that on such a representation they would order you to make the coins of the weight proposed by Mr G. & I think the Reserve of ½ not at all too much as I have Letter from Commee which shows that not withstanding the [indecipherable] Price Copper is still on the Rise
You are not well informd on the subject of my having joined the Commee I sincerely wish it was in my power to do so without too much danger to my own character The new associates Mr Pit has provided for me are ignorant & self sufficient their management in your Coinage price