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    • Hamilton, Alexander
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    • Wolcott, Oliver, Jr.

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Documents filtered by: Author="Hamilton, Alexander" AND Recipient="Wolcott, Oliver, Jr."
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Your two letters of the 9th. reached this place during an absence on necessary business which only terminated on Saturday. Our friend McHenry has adopted the ideas suggested to him. And you may rely on my effectual cooperation. At the same time, as a total dislocation of residence, to fulfil in all its extent the idea you intimate, would be unqualified ruin to me, I must endeavor to avoid it....
When lately in Philadelphia, I mention’d to you that the Secretary of War had given me to expect some Communication from you previous to the Execution of an Order which he has given me respecting a Military Escort to protect the marking of an Indian boundary line. This is intended to remind you of the matter and to repeat to you that I wait for this Communication. With great respect   I have...
The necessity of purchasing a quantity of land, which I did not intend, in consequence of a mortgage that comprehended a tract I had before purchased, has so far disconcerted my pecuniary arrangements as to require that I should obtain some further Bank accommodations, instead of gradually extinguishing those I had already procured. It is therefore my wish to obtain from the Merchants Bank a...
I have thought it adviseable to establish during my absence a substitute for the mode of transferring Stock from Office to Office heretofore in practice at the Treasury. The inclosed letters by duplicates to the respective Commissioners of Loans from Jersey inclusively to Georgia specify it. Please to have the blanks filled with the names of those Commissioners severally and have the letters...
Col Burr sets out today for Philadelphia. I have some reasons for wishing that the administration may manifest a cordiality to him. It is not impossible he will be found a useful cooperator. I am aware there are different sides but the case is worth the experiment. He will call on McHenry upon going to the City. Yrs. truly ALS , Connecticut Historical Society, Hartford. H and Aaron Burr were...
The application for a loan from the Bank of New York though powerfully supported by some of the leading directors labours; owing to the jealousy & narrowness of certain ones who see in it a plan to increase the active capital of the Branch Bank & put them in its power. Unluckily the President suddenly went off to R Island with his wife & some sick Children. I pursue the affair & I hope still...
No one knows better than yourself how difficult and oppressive is the collection even of taxes very moderate in their amount if there be a defective circulation. According to all the phœnomena which fall under my notice this is our case in the interior parts of the Country. Again Individual Capitals & consequently the faculty of direct loans is not very extensive in the U States. The Banks can...
The XXXIV Section of the Collection law provides that certain rates per Cent . shall be allowed for the Tares of Coffee Pepper and Sugar, other than loaf Sugar. Upon this provision, a doubt has existed whether the per centage ought not, in certain cases to be computed on the Cwt. or long hundred; or ought in all cases to be computed on the 100 lb or short hundred. The practice at different...
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...
It is with pleasure I am able to inform you that you have been appointed Auditor in the Department of the Treasury. The salary of this office is 1500 Dollars. Your friends having expressed a doubt of your acceptance, I cannot forbear saying, that I shall be happy to find the doubt has been ill founded; as from the character I have received of you, I am persuaded you will be an acquisition to...
It appears to me material under our present prospects to complete the three frigates without delay. They may be useful with reference to the Algerines—they may be useful to convoy our vessels out of the reach of pickeroon privateers hovering on our Coast. I know you want money but could not the Merchants by secret movements be put in motion to make you a loan. I think something of this kind...
I wish the statements requested in my letter of yesterday may contain each particular payment not aggregates for periods. It runs in my mind that once there being no appropriation I procured an informal advance for The President from the bank—if this is so let me know the time & particulars. If the Account has been wound up to an exact adjustment since the period noticed by the calm observer,...
I hope you will have understood that I did not mean by any thing in my late letter to blame the plan pursued with regard to vessels arriving contrary to the Non-Intercourse laws. I mean only to give you testimony of the character of an Individual & to place before you my professional ideas of the defective wording of the law as a kind of caution in the execution. I agree with you that the...
As I hinted to you some time since, I have drafted a letter which it is my wish to send to influential individuals in the New England States. I hope from it two advantages the promoting of Mr. Pinckney’s election and the vindication of ourselves. You may depend upon it a very serious impression has been made on the public mind by the partisans of Mr. Adams to our disadvantage; that the facts...
I have embraced every opportunity since the receipt of yours of the 21st to obtain light on the subject of the loan. But my research has been essentially fruitless. Opinions are as various as they are vague. You must therefore conjecture, and you ought to act on the sure side for selling the loan. For my part, I retain the opinion that the loan ought to be upon eight per Cent Interest, the...
I send you in confidence the copy of a letter of this date to the Secretary of War and of the plan to which it refers. Consider it well. Make the Secretary of War talk to you about it, without letting him know that I have sent it to you—And urge the establishment of some plan which will effectually organise this important branch of our Military service. The proper course in the interior of the...
Every one who can properly appreciate the situation of our Affairs at this moment, in all the extent of possible circumstances, must be extremely anxious for such a course of conduct in our Government which will unite the utmost prudence with energy. It has been a considerable time my wish that a Commission extraordinary Madison Pinkney Cabot should be constituted to go to France to explain...
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...
The post of today brought me a letter from you. I am just informed that an order is come to the Custom House not to clear out any Vessel if armed , unless destined for the East Indies. Under the present circumstances I very much doubt the expediency of this measure. The excesses of France justify passiveness in the Government and its inability to protect the Merchants required that it should...
I have received your letter of the 1st. I deplore the picture it gives and henceforth wish to forget there is a Bank or a Treasury in the U States, though I shall not forget my regard to individuals. I do not see one argument in any possible shape of the thing for the sale of Bank Stock or against that of the other stock, which does not apply vice versa & I shall consider it as one of the most...
I learn from a Gentleman of character that a prize brought into Boston by a French Privateer is about to be sold. This being in direct breach of our Treaty with G Britain how does it happen? Though no particular law passed, the Treaty being the law of the land, Our custom houses can & ought to prevent the entry & sale of prizes, upon Executive instruction. If any thing is wanting to this end...
A slight indisposition prevented my meeting you at E Town which I should otherwise have done with great pleasure. It is wished for a particular purpose to know who are the Writers of Valerius Hancock Bellisarius Atticus . If any thing about them is known in a manner that can be depended upon I will thank you for it in confidence. The fever in this Town has become serious. The alarm however...
The consideration for the candidates in the better part of the community stands nearly thus. Clarkeson , ver Plank , Fish = Walker , Burrall , Giles ,
At length I am able to send you the explanation I mentioned to you. The papers upon which it is founded are returned that you may compare & if necessary correct. You may by altering the body or by a note rectify any inaccuracy . You will observe marks in the margin which will require particular attention. A Let the distance if not so now be rightly stated. B insert the most usual sum or sums....
The Patterson manufactory being defunct, the persons heretofore employed are thrown out of business and among them Mr. Marshall who erected & directed the Cotton Mill. As this man has proved that he understands himself & is a discreet well-moralled man I am loth that he should be under the necessity of leaving the Country. He is a man of some education. Besides a considerable knowlege of...
I have had some conversation with some influential Members of the Bank of New York who are disposed to do all that shall be found possible. But I wish to know without exaggeration the least sum that will be a material relief to you & when & how the payments will be desired. Yrs. ALS , Connecticut Historical Society, Hartford. For an explanation of the contents of this letter, see H to Wolcott,...
We have some cause to suspect though not enough to believe that our Jacobins medidate serious mischief to certain Individuals. It happens that the Militia of this City, from the complexion of its officers in general, cannot be depended on and it will be difficult for some time to organise a competent armed substitute. In this situation our eyes turn as a resource in a sudden emergency upon the...
I understand that the Collector of Philadelphia will speedily offer his resignation & that McPherson does not incline to be the successor—but that Major Jackson is desirous of it. If all this be so—and if your experience of his conduct in his present station gives you a confidence that he would execute the Office of Collector well, it would gratify me to see him appointed. Jackson has more...
I thank you for your last letter. The opinion with regard to the conduct of the President is very important. As to our finances all will be well, if our councils are wise & vigorous; if not, all will go to ruin. I fear there is not among the friends sufficient capaciousness of views for the greatness of the occasion. I send the inclosed because it required correction. AL , Connecticut...
[ New York, May–August, 1796. ] “I have been applied to for an opinion concerning the Georgia Claim.… I will thank you for the Report of the Attorney General on that subject, to Congress.…” Copy, Connecticut Historical Society, Hartford. This is a reference to the claims of the Georgia Yazoo land companies which were organized in 1795. For information on these land grants and their revocation,...