folded letter to New York City datelined "Liverpool 25 July 1840", red crowned "Ship Letter Liverpool 31 Jy 31 1840" handstamp, manuscript "8" British ship letter fee, endorsed "p President" departing Liverpool August 1 and arriving New York City August 17, rated "6" for port of entry ship fee, very fine and scarce letter from the maiden voyage of the President, she was lost at sea with 136 on board in March 1841