41From Alexander Hamilton to Oliver Wolcott, Junior, 27 October 1796 (Hamilton Papers)
Your letter of the 17th instant found me at Albany attending the Supreme Court. I have no copy of the Treaty with G B at hand, but I am well satisfied from memory that the true interpretation of that Treaty, enforcing in this respect the true Rule of neutrality, forbids our permitting the sale of a prize taken & brought in by a French National Ship, equally as if by a Privateer —and that the...
42From Alexander Hamilton to Oliver Wolcott, Junior, [1 November 1796] (Hamilton Papers)
I wrote you a line from Albany expressing an opinion from Memory , that our Treaty with G B prohibitted the sale of prizes made by French National Ships. Being just returned to Town I have looked into the article which relates to the point & I fear that opinion was wrong. In a day or two I will write you more particularly. Adets late communication demands a very careful & well managed answer....
43From Alexander Hamilton to Oliver Wolcott, Junior, [3 November 1796] (Hamilton Papers)
I have more carefully examined our Treaty with G Britain & I return to the opinion given you from Albany. My hesitation yesterday arose from the terms of the 24th article which were confined to privateers , a word that has an appropriate sense, meaning ships of private persons commissioned to cruise . But the following article contains the equivalent one to that with France, upon which we...
44From Alexander Hamilton to Oliver Wolcott, Junior, [9 November 1796] (Hamilton Papers)
I received yesterday your letter of the 6th & immediately wrote some additional letters to the Eastward enforcing what I had before written. Pensylvania does not surprise me. I have reconsidered the opinion given to you on the 3d, & see no reason to change it. The reasoning which leads me to the conclusion has not been sufficiently explained. I will therefore be more particular. The articles...
45From Alexander Hamilton to Oliver Wolcott, Junior, 22 November 1796 (Hamilton Papers)
I thank you for your Note sending me Adet’s letter. The present is in my opinion as critical a situation as our Government has been in—requiring all its prudence all its wisdom all its moderation, all its firmness. Though the thing is now passed, I do not think it useless to say to you that I was not well pleased with the Secretary of State’s answer to Adets note communicating the order...
46From Alexander Hamilton to Oliver Wolcott, Junior, [6 December 1796] (Hamilton Papers)
The President of the Bank of New York called upon me yesterday and manifested considerable anxiety about the State of the Bank. It seems the course of things lately, and their large accommodation to the Government, have produced a heavy ballance against them in favor of the Office of Discount at this place, which has lately called for 100000 Ds in specie & it is apprehended may speedily call...
47From Alexander Hamilton to Oliver Wolcott, Junior, [21 December 1796] (Hamilton Papers)
I did not understand by your letter of the 17th. of November whether you meant or not to authorise the immediate commencement of the sale of Stock. If you think this measure will become indispensable, it may be well to anticipate the execution; though indeed sales of Stock are at this juncture nearly impracticable. Yet I imagine it will be agreeable to the Bank to have permission to...
48From Alexander Hamilton to Oliver Wolcott, Junior, [23 December 1796] (Hamilton Papers)
I wrote to you two days ago on the subject of obtaining an instruction from the Bank of the U States to the Direction of the Office here to prevent a speedy repetition of their call on the Bank of New York. This Bank has so large a proportion of its whole Capital in the power of the Office that if it be not tranquillized on the subject of demands from that quarter, it will be driven to such...
49From Alexander Hamilton to Oliver Wolcott, Junior, 28 December 1796 (Hamilton Papers)
I received yesterday your’s by Post, which I communicated immediately to the Directors of both Banks, that is, so much as concerned each party. It has been very consolatory to the Bank of New York & will do good. All will be well. Mr. Alexander McComb applied, while I was in Office, respecting some land he & Edgar had purchased of the Public and on which they had made a partial payment which...
50From Alexander Hamilton to Oliver Wolcott, Junior, [17 February 1797] (Hamilton Papers)
I groan My Dr. Sir at the disgraceful course of our affairs. I pity all those who are officially in their vortex. The behaviour of Congress in the present crisis is a new political phœnomenon. They must be severally arraigned before the Bar of the Public. How unfortunate that our friends suffer themselves by their passiveness to be confounded in the guilt. Yrs. truly ALS , Connecticut...