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    • Seton, William
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Documents filtered by: Author="Seton, William" AND Period="Washington Presidency"
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Not wishing to infringe upon one moment of your time during the arduous & busy scene you have been engaged in, I have till now delayed my communications respecting my operations for Mr. Church. On the 17th of December I purchased for him 9 Shares of U S. Bank Stock @ 13 ⅌ Cent and 12 Shares at 13½ ⅌ Cent—on the 20th of that month I further purchased 5 Shares @ 13 ⅌ Cent & 5 Shares at 13¼ ⅌...
It is a long while since I have had the pleasure of a confidential intercourse with you. I forwarded all the Copies of the Letters that past between us upon the subject of the purchase of Stocks; since which I received a few lines from you covering a letter to forward by the last Packet, but no dispatches for the Minister: my friend in London writes me that the first Pacquet had come to hand...
I find upon enquiry from those who are most conversant in the nature and extent of the Stock Contracts, that Monday the 15th of this month is the day which will probably produce the greatest distress, of course the day on which relief will be the most essential. What is called here the Company, of which Mr Macomb is the ostensible person, have on that day to take Stock or pay differences on...
I had the pleasure to receive your Letter of the 7th by Mr. Eddie on fryday morning, but not early enough to answer you with propriety by that post. The bearer of the Letter I apprehend knew or conjectured at the Contents as it flew over the Town like Wildfire that I had orders to purchase, therefore before I got to the Coffee House at Noon, every one was prepared, and no one would offer to...
Having compleated the full investiture of the 150,000 Dollars directed by you to be laid out in the purchase of Stock for acct. of the United States, I have the honor to enclose a Return of the same, & your account in Bank is debited with the amount. I am with great respect LC , Bank of New York, New York City. For background to this letter, see H to Seton, August 15, 1791 ; H to the President...
The note you inclosed to Mr Troup for discount was immediately done & passd to your Credit. The dft to Mr. Francis has not yet appeared, but should have been punctually attended to & honored at all Events. Your present ballance in Bank including the discount is 2907 Dolls. & ⁴⁴⁄₁₀₀. Therefore the 3000 Dolls. dft will overrun 92. Do: ⁵⁶⁄₁₀₀ which I mention for your Government. The letters you...
I am desired by the President & Directors to acknowledge the receipt of your Letter of the 16th. They have ordered the Sum of 150,000 Dollars to be paid to me as it may [be] required for the purchases of public Debt for the Trustees of the Sinking fund agreeable to your request. The Return of the Sale of the Bills on Holland was furnished last Monday. I have the Honor to be &c LC , Bank of New...
I am honored with your Letter of the 3d. On the 12th of September I transmitted to you a Return of the investment of the 50,000 Dollars in purchases of Stock for account of The United States. I have now the honor to enclose a Duplicate of the same. On the 5th. September I informed you that all the purchases of Debt made to that day had been transferred on the Books to the Names of the Vice...
It is with reluctance I intrude upon your time, but I feel so interested in what has lately passed at Phia. that I cannot refrain indulging myself with some conversation with you on the subject. No doubt you was informd that our Directors immediately after the Directors at Pa. of the Bank of the U. S. were known, wrote a Letter stating their reasons for reserving the 300 Shares of Stock &...
The Bearer Mr. David Maitland is a partner in my House of Commerce & my particular friend he solicits the honour of being known to you, and I trust you will excuse the liberty I take in introducing him. Mr. Maitland wishes to become a Citizen of America & I have heard that there is a shorter way of getting at this benefit, than an absolute residence of two years in the Country, if such exists...
I am this moment favored with your Letter of the 23rd, saying it will be agreable to you that deposits be received towards subscriptions to the Bank of the United States to the extent of Forty thousand Dollars more upon the same principals with those for the Sixty thousand. This extention of Forty thousand Dollars is already all engaged, and I have applicants names set down for Thirty three...
I had the pleasure to receive your kind Letter of yesterday, this day at 10 o’Clock. We have no public Sales of Stocks now in the Evenings—therefore I can not go into the Market till tomorrow, and altho the sum is small, yet be assured it will be a relief. The Collector has furnished the List of Names of those who have duties to pay between this and the first of May, and our Directors have...
I have made a long delay in answering your favours of the 12th & 19th. owing to not being able to meet with Col. Walker to settle the Bill for 300 Dollars. He has just sent me word that he will call up & pay it tomorrow. The amount will then be past to your Credit in Bank. I shall watch a favorable opportunity for the disposal of your Stock —at present it does not go beyond 27 or 28 ⅌ Cent...
I have the honor to inform you that this day I have sold the Treasurers Bills on Amsterdam for 25,000 Guilders to Different persons at the price you limitted of 36/4/11 Ninetieths per Guilder payable by Notes at 90 Days, in which Notes I have included the Interest for 33 Days, as all the purchasers chose to avail themselves of that indulgence, given in your Letter of the 24 Decbr. I have no...
The President & Directors desire me to acknowledge the receipt of your two Letters of the 13th. and to express how very much they feel obliged to you, for your kind attention to this Institution and thereby to the Commerce of this City. Whenever the Treasurer deposits the Bills on Amsterdam which you mention, the Strictest attention shall be paid to your orders with respect to the Sale of...
I received your Letter by the Express on fryday Morning, previous to which I had been relieving a few by purchases of Stock upon the Strength of the second extention of fifty thousand Dollars At Noon I went into the Market, but the applications were so numerous & so vastly beyond my expectation, I found it necessary to declare I could take but very small sums from each. However notwithstanding...
Agreably to what I had the honor to write you last night, I this day laid before the President & Directors, your Letter of the 23d. And they desire me to inform you, That on the 9th of this Month, having heard from public report that the Bank of North America had offered to give immediate Credit to the United States for such drafts as might be lodged there for Sale, The Board anxious to do...
The Merchants of this City who have lately gone to, & returned from Philadelphia, have asserted at the Coffee House they were well informed that the Bank of Pensilvania had offered to give immediate Credit to the Treasurer of the United states for such drafts on the Collectors of the Imposts &c as he should lodge there for Sale. The President and Directors of this Bank anxious to do every...
I have delayed answering your very kind Letter of the 24th till I could have a more ⟨detailed⟩ knowledge of what was going on. Col Duer tells me he has however written you in the mean while. Every Interest is rushing by the phalanx of opposition with our Legislature to grant them a Charter —and it is impossible yet to judge whether they will carry their point or not. The Committee have...
Mr. William Hill with two competant Surities have duely executed the Bond endorsed in your letter of the 21st. and I have deliver’d to him the Contract. As you do not desire the Bond to be returned, I hold it for your further orders. Mr. Hill expected he was to receive immediately from this Bank a payment of Five thousand Dollars, but he was informed your orders did not extend to the payment....
Agreably to your desire 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...
[ New York, November 22, 1790. The endorsement on the letter that Hamilton wrote to Seton on November 16, 1790 , reads: “Ans 22nd.” Letter not found. ]