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    • Wolcott, Oliver, Jr.
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    • Hamilton-01-20

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Documents filtered by: Recipient="Wolcott, Oliver, Jr." AND Volume="Hamilton-01-20"
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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 called at your house the morning of my departure but you was not then up. While I was in the City we had a little conversation concerning an affair of an arrangement with Swan for effecting a remittance to Holland. I intended to have resumed it for two reasons, one because it has been represented to the disadvantage of the Conduct of the Treasury, another because Swan who lodged at the same...
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 &...
I did not understand by your letter of the 17th. of November whether you meant or not to authorise the immediate commencement of the sale of Stock. If you think this measure will become indispensable, it may be well to anticipate the execution; though indeed sales of Stock are at this juncture nearly impracticable. Yet I imagine it will be agreeable to the Bank to have permission to...
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 have received your letter of the 18th. instant. The money paid me for you shall be placed to your Credit in the Office of Discount & Deposit as you desire. The British Ministry are as great fools, or as great rascals, as our Jacobins—else our Commerce would not continue to be distressed as it is by their Cruisers, nor would the Executive be embarrassed as it now is by the new proposition....
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,...