Kennetpans 29th February 1788
Messrs Boulton & Watt
Hope Mr Watt got safe home & is much the better of his journey. I have since that time been in London attending a very disagreeable & vexatious time of being in the house of Commons where I had the mortification of See a Bill passed re question of the Distillery business of t his Country, and I am much a fraid will prove ruinous to many individuals. I am sorry to add that being shut out of the London market the many engagements that I have come under to support some of my friends, in the faith of an equitable law, and the failure of this house immediately cancelled with me, I am under the necessity of laying a State of my affairs before my Creditors that a proper plan may be adapted for the benefit of all, & no undue expense taken by any.