Sir,
I this morning waited on Adl Shuldham, & asked his opinion in regard to the Freight, for the money brought from So Carolina, he desires me to inform you, that as a receipt was given for the money when rec'd on board the Solebay, I stood charged with it, & must have been answerable for any loss, & thinks the offer I have made fore one pr Cent, very reasonable, as it has ever been a custom, for Kings money, as well as Contractors, to pay freight.
As you consented in referring it to Ad1 Shuldham, I hope, to have no occasion to give you any further trouble about it. I have the Honor to be Sr [&c.]
Solebay [off Staten Island] 13th Augt 1776: