Letter. Pascoe Grenfell (London) to Matthew Boulton [Soho].

(Dated at Spring Garden.) [Everything appears to be settled between you and the Privy Council. I explained to them that it would be of importance to conceal from the public, and particularly from the copper companies, that a contract for so large a quantity as 1200 tons of copper had been made. This they admitted, but said they could not be answerable for the discretion of their clerks. Mr. Rose suggested that the contract, in the first instance, should be made for 100 tons only, and that Mr. Pitt should authorize you privately to go beyond that quantity to the extent of 1200 tons. I will now state the terms upon which my house of Williams & Grenfell agreed to sell you 600 tons of sheet copper, delivered at Birmingham: you to pay for it at £184 per ton, by bill drawn upon you at six months’ date. I think you said you would require 18 months to coin 1200 tons.]