562.
Lord Sheffield to Edward Gibbon.
Downing Street, 21st April, 1791.
A BARGAIN WITH THE SHEFFIELDS.
At length the Buriton business is almost concluded, and all your and my cares on that subject will be at an end, the moment I receive the Deeds which were sent to you early this morning for signature. The Masters in Chancery are the Devils, and I should not have expressed myself much more amiably of the Master of the Rolls, if he had not been at last particularly attentive to my exhortations to dispatch. All difficulties are at end, the conveyances, &c., engrossed, and one part of them are gone to you, because Lord Stawell's Lawyers wish you to sign that part, notwithstanding they drew up the Power of Attorney which you signed to enable me.
At the same time are gone the Deeds which convey Newhaven from Ed. Gibbon to Lord Sheffield, reciting the £4000 on Mortgage and the annuity of £250 per Ann. The conveyance is to J. T. Batt to the use of Lord Sheffield. Batt is Trustee; and the Deeds, when returned with the other writings belonging to the Estate, must be left in his hands as such, not only on account of the Mortgage of £4000, but also because the Newhaven Estate is made subject to the Annuity, notwithstanding a greater proportion of the Sheffield Estate is chargeable with it than is necessary to pay the whole. It was unnecessary to send you the Deed which grants the Annuity of £250 chargeable on Sheffield and Newhaven. It is signed by me and left in Batt's hands. He has perused and examined the drafts of the Conveyance and of the grant of the annuity before they were engrossed.
There are four deeds sent for your signature—and with them directions as to the parts where to be signed, which parts are marked with pencil. It is also mentioned that you should have English witnesses. Frank North might be one, and I suppose you may find at any time another fit English witness at Lausanne. You will despatch as soon as you can and return the writings immediately. If you give me a line of notice as soon as they are signed it will be still better, and will forward, and in reality conclude, matters.
SNUGNESS OF GIBBON'S AFFAIRS.
We have not been able to get any intelligence of the conveyance of the Newhaven Estate to your Grandfather, which is somewhat strange. I mentioned in my last that I had given directions for forming the conveyance from you to me, previous to the discovery of a Quit-rent, and that I thought you had better pay me the value of that Quit-rent than alter the even sum of £4000 Mortgage or £250 annuity. I must therefore take 28 years' purchase for the Quit-rent, and I flatter myself you are too much of a gentleman and too little of the Jew to make any objection. You have a good bargain, and I would sooner have seen you at the Devil than have given you so much, if you did not seem to be under my direction in these matters.
I almost envy you the snugness of your affairs. You will be a rich fellow. What a damned long letter on such matter, to make things easy to the meanest capacities.
Perhaps I may write soon on the Russian War, the Slave Trade, and the Corn Bill. The first has been an extraordinary business. On the second I was a considerable prop to good sense against nonsense and the most eloquent declamation on humanity. What think you of shutting the Ports of the West Indies? It would not have succeeded better than the experiment at Boston. I have beaten Pitt 3 times on the Corn Bill.