I have received your kind Letter of the 18 Inst. and thank you for your advice which I shall always follow. I have had a Consultation with my Creditors here which has terminated in the most favourable Manner possible. Instead of meeting men angry from disappointment I find myself in the midst of compassionate Friends, and they unanimously offered me 2 Years to pay in, by quarterly payments of 6 months, the first payment to be at the end of 8 instead of 6 Months thereby allowing me two months to collect the sense [sums?] of my other Creditors. My Reputation here has suffered but a momentary Check, for the Account of my Stoppage and the arrangement were known at nearly the same Time, and instead of any Reproaches on my Conduct I have had sevral friendly Visits congratulating me on the general Satisfaction my affair had given on ’Change, and the Esteem I appeard to enjoy among the Merchants of this Place.

My Creditors have unanimously reccommended me to renew my Letters of Sûrseance for a Year as soon as possible and as those I have do not extend further than 6 of September they desire me not to wait their Expiration this they wish for as a common security to prevent anyone from obtaining an hypotheque by a sentence against me, which would give such a One a prefference in his Payment. I suppose the same motives which induced the Count de Vergennes to favour me on my first application will be stronger on my second, as it is by desire of my Creditors that I make it. I shall be greatly obliged to you if you will apply for me. Billy I doubt not will go to Vesailles and negociate the Business for me and a Letter from you expressing that you have such reliance on my Veracity as to be able to assure the Count that my Creditors desire it for their own sakes. If it is absolutely necessary I will get them all to sign an Application, but I have not time at present, and as it is no new Favour but only a prolongation of one already granted, I have no Doubt of your success. What has distressed me more than anything else is the amount I owe Mr. Grand, if I had no realy believed I could have gone on I never would have engaged him, and indeed but for the Disappointment in receiving a considerable sum I expected I should have made him large Remittances before I thought of Stopping. His son has written to me very harshly, more so than the Father would have done; however difficult it is, I do and shall bear all with Patience and Resignation, and I hope from my last Letter to him he will not repeat his Reproaches. Mr. Baches Bill on me is in the hand of Messrs LeCouteulx & Co and is for 25000. You can run no Risque in paying this Bill so far as relates to me, for if I owe money to Messrs Bache and Shee they have between 4 and 5000 pounds Curry of my Property in their Hands but instead of my owing them they owe me considerably, and I am surprised they should draw on me; It is true I gave them Liberty to draw for the amount of a Cargo of Flour in case they had previously remitted me what the owed me. I will not pretend to judge ’till I receive their Accounts.

The Bills I deposited in your Hand for Messrs. Barclay & Moylan will be due 10 of next month, care must be taken to receive the amount at the Time therein in Case any of the Bills should prove bad the Drawers are not answerable if they are over due before demanded. I inclose sufficient authority for you to acquit the Bills signing par procuration de J. Williams. If Mr. Barclay does not get the arrests taken off, I should be sorry to have the money lay dead, please therefore to get Mr. Grand to change it into good solid Bills at 2 or 3 usances that I may enjoy the Interest. You will please not to dispossess yourself of this money or its value, without previously informing me as Mr. Barclay owes me about 10,000 Livres for my advances for Prisonners which I must deduct.

I beg you will pardon the Trouble I give, and continue to honour me with your Affection; You may depend, that in the most trying Circumstances I will never deviate from those principles of Honour and probity by which only I can hope to enjoy your Friendship. I am as every most dutifully and Affectionately Yours.