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[ New York, June 15, 1795. On June 18, 1795, Wolcott wrote to Hamilton : “I have recd. your Letters of June 13th. & 15th.” Letter of June 15 not found. ]
[ Carlisle, Pennsylvania, October 8, 1794. On October 11, 1794, Wolcott wrote to Hamilton : “I have recd. your favour dated 7: & 8: inst.” Letter of October 8 not found. ]
[ Philadelphia ] September 30, 1794 . On October 2, 1794, Wolcott wrote to Hamilton : “I have recd. your letter of Sept. 30th.” Letter not found. ]
[ Carlisle, Pennsylvania, October 7, 1794. On October 11, 1794, Wolcott wrote to Hamilton : “I have recd. your favour dated 7: & 8: inst.” Letter of October 7 not found. ]
[ New York, July 2, 1795. On July 10, 1795, Wolcott wrote to Hamilton : “I have recd. your several Letters dated June 22d. 26th. 30th. & the 2nd. current.” Letter of July 2 not found. ]
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...
Hamilton, History John C. Hamilton, Life of Alexander Hamilton, a History of the Republic of the United States of America (Boston, 1879). , VI, 243. John Church Hamilton states that H wrote to members of George Washington’s cabinet on this date. No further evidence of this correspondence, however, has been found.
[ Philadelphia, June 25, 1794. On July 7, 1794, Wolcott wrote to Hamilton : “In obedience to your Letter of June 25.” Letter not found. ]
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...
I have seen with pleasure your reply to the calm observer. I believe it is as far as you ought to go but more particular explanation will be useful & from me now a private man intirely proper. I therefore hope to receive as soon as may be the statements I requested. Yrs. ALS , Dartmouth College Library. For background to this letter, see H to George Washington, October 26, 1795, note 1 . For...
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...
I have not lost sight of the negotiation with the Bank though it labours & I have thought it best to let it lie bye till the President returns. Mc.Cormick is violent against it & plays on little jealousies, & what is still more efficacious private interests; representing the consequent inability of the Bank to accommodate the Merchants, many of whom from the unfortunate issue of some late...
I had written you a short line previous to the Receipt of your letter of the 26th to which indeed I can add nothing material. It will, as things stand, be imprudent to push the point of a further loan till the President arrives —for though a majority of the Directors are well disposed to the thing, they are afraid of McCormick’s clamours and want the sanction of the President to controul &...
Doctor Livingston sometime since left with me a bundle of vouchers relating to the questions between Phil Livingstons estate & the public. There was among other things a little Register or book with a marble cover doubled up. I do not find it among my papers & if my memory does not deceive me it was sent on breaking up at Philadelphia to one of the Offices of the Treasury. Mr. Jones may know...
Inclosed are two letters which I will thank you to hand on. I have just seen Livingston’s Motion concerning Instructions &c. My first impression is that the propriety of a compliance with the call, if made, is extremely doubtful. But much careful thought on the subject is requisite. Yrs truly PS. I hand you also a letter from Mrs. Church to Mr. Beametz —which I will thank you to send to Mr....
The Bank of New York is willing to make the loan of 324 000 Dollars to you (I mean the exact sum of about this amount, if you desire it, which one of the laws you mentioned authorises to borrow) on these terms to advance all but two hundred thousand Dollars when you please—to advance the two hundred thousand Dollars, by way of reloan, when that sum, payable in October, becomes due. The term of...
I perceive Congress are invading the Sinking Fund system. If this goes through & is sanctionned by the President the fabric of public Credit is prostrate & the Country & the President are disgraced. Treasury Bills & every expedient however costly to meet exigencies must be preferable in the event to such an overthrow of system. Yrs truly ALS , Connecticut Historical Society, Hartford; copy,...
Being about to leave the seat of Government for a few Weeks to accompany the Army on its march against the Western Insurgents of Pennsylvania, I commit to you during my absence the management of those matters which are reserved to my superintendance under the constitution and regulations of the Department, especially the receipts and expenditures of money, and I rely upon your deligence and...
I have received yours of 3d instant. You make no mention of having received one from me inclosing another for the Attorney General in which I tell him that I will attend the cause which involves the question respecting direct taxes when notified of the time it will come on. The silence of your letter makes me fear it may have miscarried. I do not wonder at what you tell me of the author of a...
I have just received your letter of the 6th. The idea of selling Bank Stock is the worst of all & can only be urged on a plan of private speculation. Acquiescence may tempt the Bank to oppress hereafter for speculation purposes. I have talked to some Directors of the Bank of New York conformably to your first suggestion, respecting the deposit of Stock & it will not be expedient to change...
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...
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...
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 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...
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...