I had no Line from you per last Packet. I hope you are well.
We have been extreamly busy here lately in the Affair of Paper Money. Enclos’d I send you a Copy of the Report of the Merchants, obtained after many Meetings and delivered to the Ministry: But there are still great Difficulties, the Board of Trade being extreamly averse to the Repeal of an Act which they were the Fathers of, and on which they have highly valued themselves. The general Rage against America, artfully work’d up by the Grenville Faction, has been another Obstacle. I hope we shall get over all, the Ministry being at length prevail’d on to espouse the Measure, that the Colonies may have something to give on a Requisition from the Crown, and that the Duties may increase by the Increase of Commerce. But if this Ministry should be changed before the Session ends, as there is now strong Talk that they will be, our Hopes and all our Labour will again be frustrated.
It is resolved to bring in a Bill to suspend all Legislation in New York, till the Act of Parliament for quartering Soldiers is complied with. Mr. Conway was against it, and would have had it reconsidered.
I shall write you fully per Egdon. With great Esteem, I am Dear Sir, Your faithful humble Servant