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Subject Area: Political Theory
Topic: The American Revolution and Constitution

FROM M. MYLIUS. - John Adams, The Works of John Adams, vol. 7 (Letters and State Papers 1777-1782) [1852]

Edition used:

The Works of John Adams, Second President of the United States: with a Life of the Author, Notes and Illustrations, by his Grandson Charles Francis Adams (Boston: Little, Brown and Co., 1856). 10 volumes. Vol. 7.

Part of: The Works of John Adams, 10 vols.

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FROM M. MYLIUS.

M. Mylius’s compliments to the Honorable Mr. Adams. Whereas M. Van Blomberg is out of the city and doth not return before Monday next, and hath ordered his clerk to bring any word which might come from you, sir, to me, so I did take the liberty to open your billet for M. Van Blomberg, and saw thereby that you desired another evening’s conversation in company only with me, for which honor I am much obliged to you; whereupon, I can say that I think it will be next Tuesday evening, the time nearer to be appointed.

(Memorandum in the same Handwriting.)
When the loan is of three millions guilders, there is
The provision for negotiating the capital,2 per cent.
For the undertakers to furnish the capital,2 per cent.
Brokerage,½ per cent.
Expenses of stamped paper for the bonds, printing, and proto collating the same, &c.,½ per cent.
5 per cent.

And for the yearly paying off of 10 per cent., as is stipulated, and which shall be prolonged or continued again for ten years,

For provision to the house of the loan,1 per cent.
The undertakers,1 per cent.
Brokerage,¼ per cent.
2¼ per cent.

And in case there might be more negotiated than the prolongation of 10 per cent., then the expenses of that greater part are as above, 5 per cent.