I have duly recd. your favor enclosing a Copy of your plan for a "National Bank."

Having outlived the period, within which I could venture on the task, of examining & appreciating, the comparative merits of such Institutions, I must limit myself to the remark that the plan you have struck out argues a familiarity with the principles and modifiable materials of Banks, of which you have given other proofs With my thanks for your politeness, I tender you my cordial respects & salutations