JAMES GARDOQUI & CO. TO ARTHUR LEE.

Bilboa, April 1st, 1778.

You will see by this invoice, that agreeable to what you are pleased to communicate to us in your very esteemed favor of the 6th instant, we have reduced our commission to 3 per cent. But, dear Sir, besides our being allowed 5 per cent by all the American friends we have worked for in the present troublesome times, several of whom have been, and actually are, eye witnesses of our troubles, as those blankets must be collected in the country round about Palencia, and the money must be remitted in specie there long beforehand for the purpose, we are not only obliged to pay the freight thereof and run the risks of it, but also to make good to the persons employed in their collection, their expense and trouble; the whole out of our commission, so that at present we reckon that half of it will be our profit.

We are, &c.

JAMES GARDOQUI & CO.

Invoice of seventyfive Bales of Merchandise shipped on board the George,Captain Job Knight, for Cape Ann, consigned to Elbridge Gerry, on Account of Arthur Lee.
No. 1 to 75.——75 bales containing 1926 fine
  large Palencia blankets, at 27 riales,   52,002,00
Charges.
To 413 vares of wrappers, at 2 riales,826
To packing, lighterage, &c.7501,576,00
53,578,00
Commission, 3 per cent, 1,607,11
Riales of V.55,185,11
Placed to the debit of Arthur Lee.
   Bilboa, the 28th of March, 1778.
Errors excepted.
J. GARDOQUI & CO.