100,000 Exchange for £ 400,000    Livres Tournois

Thirty Days after sight of this my first per Exchange (second third and fourth of the same tenor and date unpaid) Pay to the Order of M. Le Ray de Chaumont in the City of Philadelphia the Sum one of four Hundred thousand Livres Tournois in hard Dollars of Standard weight at 4/6 Sterling per Dollar reckoning a Livre at 10½d Sterling oran equal Sum in the public Treasury Bills on the Minister Plenipotentiary of America at the Court of Versailles so as the same may be replaced in France without Loss [In the margin:]  In part of Freight of the Ship Marquis de la Fayette or Deduction being for value received in Cloth for the United States and pass the same to the Debit of their Account as per advice from etc.

[Reverse, in BF’s hand] To his Excellency Samuel Huntingdon Esquire President of the Congress of the United States of America, or to the President for the time being. A similar set for 100,000 Livres tournois only saying, for value receiv’d in part of Freight of the Ship Marquis de la Fayette.