Alexander Hamilton Papers
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To Alexander Hamilton from William Seton, 26 October 1792

From William Seton

New York 26 October 1792

Dear sir

Agreably to your desire1 I now enclose Copies of all the Letters I received from you respecting the purchase of Public Debt. I hope no disagreable event has occurred to cause a review of what was so eminently beneficial to the Community at large.

The present high rate of Exchange & the over great Importations from Europe, I fear will soon begin to drain the Banks of Specie—unless the price of Stocks falls to that point at which the foreigners will purchase.

I am with the sincerest respect & esteem   Dear sir   Your obliged Obed Humb Servt

Wm Seton

A. Hamilton Esqr.

ALS, Hamilton Papers, Library of Congress.

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