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On the 27 & 28th of last month I took the liberty of writing you an official and private Letter, the former enclosing the accounts respecting the dispatching Mr. Jay, and the latter more particularly requesting the Character of a William Acres who says he formerly lived with you. I am ashamed and chagrined to trespass upon your time which I know to be so fully occupied with affairs of the...
By the post in an official Letter I forward to you the accounts respecting Mr. Jays embarkation, in which I hope I have acquitted myself to your Satisfaction. I must trespass upon your time to beg the favour you will inform me any day this week—The Character of a William Acres, who informs me he lived with you as a Steward or in some place of trust—he is recommended for the place of Porter to...
[ New York, May 27, 1794. On June 16, 1794, Seton wrote to Hamilton : “On the 27 & 28th of last month I took the liberty of writing you an official and private Letter.” Letter of May 27 not found. ]
I have been much chagrined at the delay in forwarding you the required papers, but when so many are concerned, it is difficult to go on very fast, tho I do assure you I got them finished as quick as I possibly could. The President forwards them on to you this day, and I trust they will be satisfactory, tho it mortifies me, that they should be always giving you so much vexation and trouble. I...
Late last night I received your favour of the 5th. with the enclosure for Mr. Verplanck, which I have sent him. You may rest assured the most immediate attention shall be paid to what you wish, and the Statements forwarded to you as soon as possible, tho it will take some time as we have to go thro’ so many Ledgers, however not a moment shall be lost, and the Interrogetarys can & will be...
The enclosed I have just received from Mr. Church with a very polite Letter to myself. He did not then know of the purchases I had made for him, but I am sure they will be satisfactory—the price of Shares still ⟨con⟩tinues at 13 to 13½ ⅌ Cent & Exchange about 5 ⅌ Cent. ⟨I hope to⟩day or tomorrow to receive a few lines from you ⟨on the su⟩bject. I am with the greatest esteem & respect   Dear...
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 ⅌...
I took the liberty of writing you a few lines by my friend Mr. Maitland—who this day informs me of your exceeding kind & polite attention to him for which I beg you to accept my most gratefull thanks. This day United States Bank Shares began to decline & I presume in a day or two I shall be able to purchase for Mr. Church under your Limits of 15 ⅌ cent—but it strikes me that as this Stock has...
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...
It is a long while since I have had the pleasure to hear from you, and nothing has occured here worth attention. The Custom House refusing to take our Bank Notes I concluded to be the natural consequence of the establishment of the Bank of the United States —it rather militates against us in our Exchanges with the Branch, as we are obliged to pay out their Notes to our Dealers who have Duties...
I did not answer your Letter of the 29th. till I should see Mr. Verplanck, which I did just as I receivd your further Letter of the 1st. He says in a few days he will pay the money on your account, as soon as some error in the Deed &c which had been returned was corrected. Your draft for 500 has not appeared but shall be punctually honored. Enclosed is a Sketch of your account with the Bank,...
Permit me My dear sir among the great number of your friends who rejoice at the Triumph you have gained to assure you that no one more sincerely feels the pleasure than myself; I never doubted the result, but the infamous manner of the attack gave us all uneasiness & particularly from its being so near the close of the Sessions. I hope your Health has not suffered from the confined close...
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...
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...
Your last Letters were delivered to me just at the Moment of severe affliction. I have not been able to look over them till now which I know your feeling Heart will excuse and lament with me the occasion. The Letter for St. Vincents was forwarded by a Vessell that sailed on Sunday. I could not find any Person that knew Mr. Donald. My Son made particular enquirys from the Merchants here...
Shortly after I received your kind Letter of the 25th: I found by a Letter from your department you was gone to make a tour in Jersey therefore delayed answering it. You will observe by the annexed Return that the Collector has begun to comply with your kind orders —& it will be a very pleasant Circumstance that he continues to do so—for the Branch is certainly now getting on very fast, & I...
I am honoured with a letter from your Department of the 1st, inst. respecting the payments that have been made thro’ this Institution by your desire to Messrs. Beach & Canfield —the only sums paid to them were 4350 Dollars on the 29th May & 3630 92/100 on the 29th. June Agreeably to your desire no further payments shall be made to them till I receive your special Direction. I have the honour...
I would not give an earlier reply to your favour of the 17th. till I should have seen the Partys you mention. I have had an interview with Mr. Greene & Mr. Pollock, and the latter I think has with great readiness & propriety met your wishes on the subject. (I say wishes because I offered neither interferance or even recommendation on your part). He has consented to stay suit against Mr. Greene...
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 now enclose you the Bond of Baron Steuben which I took up from Mr. Cutting with his receipt for £506.13 which I paid him. I wished him to be more particular in the receipt, but he said you had already been informed of all the items that composed the Sum. Bank Stock still keeps from 26 to 28 ⅌ Cent and therefore have not sold yours, as I am convinced it must rise, at least it ought to rise if...
I have the honor to acknowledge the receipt of your letters of the 24th & 30th. May agreably to the request contained in the former Messrs. Beach & Canfield of Newark have been paid the sum of four thousand three hundred and fifty Dollars, for which you have their receipt enclosed. The further payments shall be made to them as you desire upon the Certificates of Mr. Melancton Smith for the...
I am honourd with your Letter of the 24th. & have informed Messrs. Beach & Canfield, that I will pay them the sum of 4350 Dollars upon their producing the receipt of Melancton Smith Esq. for 5299 pair of Shoes—their receipt shall be worded as you direct. I have now the honor to enclose the necessary Certificates for transferring the Stock I purchased as Agent for the United States from the...
Your kind letter of the 23d, I did not receive till after the last post for the week was gone out; I have seen Mr. Cutting and informed him I was ready to pay the judgement against the Baron. He said he would make out the Account & call upon me. The amount will be upwards of £500. As our Bank Stock is now only at 28 ⅌ Cent premium I think it will be better to have the Note of 1200 Dollars you...
[ New York, May 7, 1792. On May 10, 1792, Hamilton wrote to Seton : “I received your letter of the 7th instant.” Letter not found. ]
Before I received your official Letter of the 25th. extending a Credit to the Commissioner of Loans for 30 M Dollars, Dr. Cochran had called upon me and mentioned how disagreably he was situated from an error his Clerks had made in the former requisition to you—he said he had sent on one of his Young Men to you, and hoped in the Meanwhile his Checks would be paid, should he be obliged to over...
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...
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...
[ New York, April 10, 1792. On April 12, 1792, Hamilton wrote to Seton : “I have your letters of the 10th & 11th.” Letter of April 10 not found. ]
I did not answer your kind favour of the 4th. this morning as I wished to take in the occurrences of this day, in hopes something better would take place in the State of Credit from the arrival of the East India Ships and other large and valuable property but I am sorry to say it has not had the wished for effect, and every thing still is going down Hill. The extent of the evil, or the amount...
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...
Your very kind favor of the 19 I recd yesterday & this day as it contained matters of the utmost importance to this Institution laid it before our board. You may be assured that so far from restricting our operations so as not to offend any accomodation in the present distress, we have gone as far & perhaps farther than prudence would have dictated. It is true no new Loans have very lately...
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...
Trusting that Mr King would communicate to you all that has passed between him & me on the subject of coallittion, the New Bankers—& US Bank Paper &ca, I did not intrude on your time by a repetition. Your kind favor of the 18. I recd last night. I had no doubt you would condemn the numerous carrying ons here in the Strongest terms. The folly & madness that rages at present is a disgrace to us....
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 &...
I am honoured with your Letters of the 11th & 14th. The sale of the Bills on Amsterdam shall be arranged at the rate of 6 ⅌ Ct Interest for the term of Credit agreeable to your desire, and furnished in a few days. Mr Hill was this day paid the Seven thousand Dollars, and Inclosed in his receipt for the same which is Charged to the United States. I have the Honor to be &c LC , Bank of New York,...
A Circumstance has occured respecting the Treasurers dfts on the Bank of Maryland which I take the liberty of mentioning to you. We negotiated several of them the other day & when the holders presented them at the Bank for payment they deducted ⅛ ⅌ Cent altho’ the amount was named in their Bank & post Notes. This has occured before with the Collectors to the Southward but not that I have heard...
I had the honor to write you on the 13th. since which, Indisposition has till this day prevented my obtaining from the Office the Certificates necessary to transfer to the Books of the Treasury the Debt purchased by me for account of the United States. They are now enclosed & I hope will be in full time. I have the honor to be with the greatest respect sir &c. LC , Bank of New York, New York City.
I am honored with your Letters of the 8th & 10th. The Commissioner of Loans not having required the anticipated Credit of Twenty Thousand Dollars, the Treasurers Check for Thirty thousand Dollars is all that has passed to his Credit. I delivered your Letter to the Commr. of Loans upon the subject of the Transfer to the Books of the Treasury for the Debt purchased by me for Account of the...
I had the honor to write you by last nights post enclosing a Duplicate of the Return of the investment in Stock of the last 50,000 Dolls. This morning I called upon the Commissioner of Loans to know what was requisite to be done to comply with your orders respecting a transfer of the whole amount of the Debt purchased to the Books of the Treasury. He informs me that as the whole stands now in...
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...
Immediately upon the receipt of your Letter of the 30th. I informed the Commissioner of Loans that the Sum of 20,000 Dollars should be passed to the credit of his Account in Bank agreeably to your desire. I have the honor to be &c. LC , Bank of New York, New York City. Letter not found. John Cochran.
I am desired by the President and Directors to acknowledge the receipt of your Letters of the 21 & 24 Sepr —the first requesting a payment to be made of Ten thousand Dollars to Mr. De la Forest Vice Consul of France, which was immediately complied with & enclosed. I have the honor to transmit his receipt for the same. Your directions respecting ballancing the weekly Returns of the Treasurers...
I am desired by the President & Directors to acknowledge the receipt of your Letter of the 7th. They have directed 50,000 Dollars to be paid to me agreeable to your desire, and the same is invested in the purchase of Stock, on account of the United States, as specified in the enclosed return. I have the honor to be with great respect &ca. LC , Bank of New York, New York City. This return is...
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...
By my Public Letter you will see I have compleated the investiture of the 150,000 Dollars in the purchase of Stock—in fact it was finished the middle of last week but I could not get some of the Transfers passed till this day. The whole stands now in the Name of the Vice President &ca. I wish to know if I am to take out the Certificates & forward them & to whom. Great as this relief has been...
I have the honor to enclose a Return of the Stock I have purchased on account of the United States to this day inclusive, being 13291 8/100 of 3 ⅌ Cents & 173708 88/100 Deferred, amounting to Dollars 116542 69/100 which Sum has been ⟨received⟩ from this Bank. I expect in a day or two to compleat the whole investiture of 150,000 Dollars. I have the honor to be with the greatest respect   Sir &c...
I have the honor to acknowledge the receipt of your Letters of the 20 & 22d. Agreeable to your desire Mr. William Hill has been paid 4000 Dollars on account of his Clothing Contract & enclosed you have his receipt for the same. The Transfers of the Stock purchased on account of the United States shall be made in the names you point out. Since my last I have only purchased 6810 30/100 Dollars...
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 15th. enclosing a resolution of the Trustees of the Sinking fund, in consequence of which you direct me to purchase public Debt to the amount of 150,000 Dollars at the limits therein prescribed. I am very much flattered and very thankfull for this confidence reposed in me, the more so, as the execution of the business thro’ me will be a great accomodation...