We wrote you some time ago respecting Mr. Henry Banks' claim to the Kentucky land, which formed a part of Gen. Washington's estate, and stated the apparent validity of his title. We have since corresponded with him on this subject, and in his letter of the 18th September last, he expresses a willingness to compromise the dispute, by making an equal division of the land:—so far as his agents have sold, the sales to be confirmed . . . . and in the division, he [is] to have as much less land in value as the value of that sold; or if his agent should be authorised to sell for all parties, the nett proceeds of the whole to be divided.—If any of the legatees wish to retain the land, they can make him (Mr. Banks) an offer in money to suit their convenience.

     These terms we think fair, and that the legatees will consult their own interests by accepting them. As to ourselves, we shall certainly do so, and strongly recommend it to you to authorise us, as your agents, to assure Mr. Banks that you accede to his proposition . . . . or, if you prefer it, you can correspond separately with him. If you wish that we should attend to the business, you must enclose us a power of attorney to act for you in the premises as fully as you yourselves could, and to make any compromise, and do any and every act necessary for adjusting and settling the said dispute. This power should be under seal, and attested by at least one witness.

     No time should be lost in forwarding to us your respective answers to this letter. We are, Gentlemen, Respectfully, your mo. ob. serv'ts.