London 4 Augst 75
Sir!
I duely recd yr favor of 28th Ulto incolsg J: Busby's sevl dfts value £150 wch: when paid will be to yr credt, being already acceptd Yr other dft on me pble the 11th Inst Our markets for Tobo is not very brisk at prest for as ships are dropg in every day the Buyers keep off, especially as Sr Robt. Herries has purchased a large qty in Virga & Maryld with Some Scotch Cargoes coming here makes the purchasers believe they may have it at their own price. The exports are now from 3½ to 4½ P lb as in quality, but I am of opinion it must rise as the exports from America will certainly cease in Sept if not sooner. Dorset is still in custody, the acceptor of his dft: has not complied with his engagmt ー as this is a long vacation am in doubt whether it is not most advisable to try him a month longer, but if you think proper he shall be arrested immediately I am &cー
1. William Lee Letter Book, VHS.