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251.: grenfell to ricardo1 - David Ricardo, The Works and Correspondence of David Ricardo, Vol. 7 Letters 1816-1818 [1816]

Edition used:

The Works and Correspondence of David Ricardo, ed. Piero Sraffa with the Collaboration of M.H. Dobb (Indianapolis: Liberty Fund, 2005). Vol. 7 Letters 1816-1818.

Part of: The Works and Correspondence of David Ricardo, 11 vols (Sraffa ed.)

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


251.

grenfell to ricardo1

My dear Sir

I forgot to tell you before I came away yesterday that my friend will agree to nothing short of the Five—without a Guarantee3 —This appears enormous.

You have seen that Vansittart did away what he had before said as to the payment to the Bank of the 6 Mill. before July.4

Will you dine with me on Wednesday at Seven—and meet Tierney—Calcraft5 &c

Yours very truly

PG.

I shall be in Town tomorrow by two.

[1 ]Addressed: ‘David Ricardo Esq / Upper Brook Street / Grosvenor Square’. Franked by Grenfell, from Watford.

MS in R.P.

[2 ]Cassiobury House, in Herefordshire, seat of the Earl of Essex.

[3 ]£5000 for a seat in Parliament without guarantee of re-election in the event of an early dissolution; cp. below, pp. 276 and 355.

[4 ]On 13 February, in the House of Commons, Tierney and Grenfell having reminded the Chancellor of the Exchequer that he had formerly declared that the loan would be repaid to the Bank before 5 April, he replied that it would be repaid ‘in the course of the year’ (Hansard, XXXVII, 419–23).

[5 ]John Calcraft (1765–1831), M.P. for Rochester.