Robert King Carter's Correspondence and Diary

   A Collection Transcribed
        and Digitized
   by Edmund Berkeley, Jr.

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Electronic Text Center , University of Virginia Library


Letter from Robert Carter to Richard Perry, July 18,1720

     Robert Carter writes to London merchant Richard Perry, July 18,1720, concerning the investment of a large sum of money that heexpects to earn from his current tobacco sales, reminding Perry of anoffer that he had made to invest £2,000 with Perry at 5 percentinterest to which Perry had not responded. He tells Perry that hewill approve if Perry takes Carter's funds out of an annuity andhopes he will then keep it at interest, and he prods Perry further bynoting that he knows of someone who will accept his funds forinvestment.

Letter from Robert Carter to Richard Perry, July 18, 1720

-1 -

Rappahannock, [LancasterCounty, Virginia]

July 18th 1720

Mr. Richd. Perry

Sir -- --

     I have bin Considering my Accot. Currt. and
Supposing myStem'd Tobo. that is unsold comes outat 11d,
and The Jamesriver Tobo. to clear about 6 or 7pound per hogshead, This may
make an addition to myAccots. of neer abt. 2000 £. now upon this Calcu=
=lation I cannot bein any want of The money That is out upon
The Annuity wch amvery desirous Should Still Continueupon
An Interest,

     I remember a Year or two ago I made a proposal to
You totake of me 2,000 pound at £5 perCt. to wch. as Yett [sic] You
gave me no answer If You should findIt most prudent to take
back into Yor. hands That annuity As Itseems most to
Correspond wth. Yor. Judgemt. I Should be very glad You will
lett that money lye in Yor.hands at the rate of 5 perCt. ,
I am the rather willing to hope You may Afford to do This because I
know a Certain Gent of a verygreat fortune who is a particular acquaintance of yors. that hath
lately taken some money into hishands of a Friends of mine at
That Interest and I have Strongreason to believe tht. I may
prevail wth. him to take some of mealso. Yo. are upon the Spott
and are ready to make alladvantages of Yor. money as they
offer, You will be veryobligeing to come into this proposal

-2 -

I Shall leave It to Yor. Consideration whether You'l [sic] except
ofthis offer
and am

Yor most humble Servt


Source copy consulted: Robert CarterLetter Book, 1720 July-1721 July, BR 227, Huntington Library, ArtCollections, and Botanical Gardens, San Marino, California. Printed:Wright. Letters of Robert Carter. . .. pp. 31-32.

Robert Carter generally used a return address of"Rappahannock" for the river on which he lived rather than"Corotoman," the name of his home, on his correspondence, especiallyto merchants abroad. The county and colony have been added forclarity.

[1] RC wrote in this word on his clerk's draft.

This text revised December 15,2008.