The Managers of the Pennsylvania Hospital to Franklin, David
Barclay, and John Fothergill
Pennsylvania Hospital 11 Mo. 4th.[-7] 1772
Esteemed Friends
This accompanies duplicate of our last since
which we have received Benja. Franklin’s favour of the
[blank].
In pursuance of what we proposed, we have since
drawn on you the following Bills at thirty days sight vizt.
And we intend in a few day to draw for £550.
more, having the opportunity of selling the Bills at 60 per Cent
Exchange, and of placing the Money on Interest at 6 per Cent, with
Land Security.
We hope you will have the money in your hands
before the Bills appear and become due, but that you may not be
subjected to any inconvenience or our fund to any disadvantage in
the Sale of the Stock, we have by the Tenor of the Bills contracted
that they shall not be liable to any further damage, than the
Payment of our Lawfull Interest after they become due, untill it
suits you to discharge them. The Bills are printed in the like
manner and Terms with the blank herein Inclosed. We are with much
Respect Your assured Friends
11 Mo. 7th. 1772
We have further drawn on you Two Setts Bills as
follows.