The Offer, of which you desire I would give you the Particulars, was made to me by Mr. le Baron de Walterstorff in Behalf of his Majesty the Kind of Denmark, by whose Ministers he said he was authoris’d to make it. It was to give us the Sum of Ten Thousand Pounds Sterling, as a Compensation for having deliver’d up the Prizes to the English. I did not accept it, conceiving it much too small a Sum, They having been valued to me at Fifty Thousand Pounds. I wrote to Mr. Hodgson, an Insurer in London, requesting he would procure Information of the Sums insur’d on these Canada Ships. His Answer was that he could find no Traces of such Insurance, and he believ’d none was made, for that the Government on whose Account they were said to be loaded with military Stores, never insur’d; but by the best Judgment he could make, he thought they might be worth about Sixteen or Eighteen Thousand Pounds each. With great Esteem, I have the honour to be, Sir, Your most obedient and most humble Servant