Politician and financial genius responsible for the formation of what is now known as the Ways and Means Committee. LS, one page both sides, 7.75 x 9, November 28, 1810. Letter, written from the Treasury Department, to James Hamilton. In part: “ have received the representation made in your behalf by Richard Carnochan, on the subject of the valuation of the ruble of Russia, as made by the Collector of Charleston in ascertaining the duties on certain articles imported by you from St. Petersburg in April last. Previous to the proclamation of the President on this subject, issued in September last, no regulation embracing the ruble had been made by him…Its value was estimated by the Collectors from the best information they could procure; and in this way doubtless, the rate of 54 cents was fixed upon by the Collector of Charleston in the case of your importation. The operation of the President’s proclamation as issued by him is not retrospective; and therefore cannot be applied to your case.” In very good condition, with intersecting folds, one through a single letter of signature, scattered creases, several repaired tears, and scattered toning. RRAuction COA.
