Thomas Randall to Henry Knox on a New Bank and Share Prices, 7 March 1792 PDF Download
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Author: Thomas Randall Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Writes, Mr. [Matthew] McConnell has discounted for me the note you was so obliging as to accept & remitted me the money - I think there is no probability of a charter being granted for another New Bank in New York - it is a pity this rage for speculation is so great - half shares have fell to 30 per cent in consequence of a quantity being sold out here from the Boston market & the money taken away however it is expected the flurry will be soon over and they will rise again. (See GLC02437.05328 for more information on the financial transaction with Mr. McConnell.) Free stamped on address leaf with no signature.
Author: Thomas Randall Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Writes, Mr. [Matthew] McConnell has discounted for me the note you was so obliging as to accept & remitted me the money - I think there is no probability of a charter being granted for another New Bank in New York - it is a pity this rage for speculation is so great - half shares have fell to 30 per cent in consequence of a quantity being sold out here from the Boston market & the money taken away however it is expected the flurry will be soon over and they will rise again. (See GLC02437.05328 for more information on the financial transaction with Mr. McConnell.) Free stamped on address leaf with no signature.
Author: Thomas Randall Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Discusses the possibility of the formation of a new bank. Relates that many respectable characters support the idea. Believes that the House of Representatives will grant a charter to it, but that the idea will run into opposition in the Senate. Reports that his wife has given birth to a daughter and they are both in good health. Writes that the weather has been mild, and he expects the arrival of Mr. [Samuel] Shaw's ship any day. Sends his regards to Mrs. Knox. Free stamped on address leaf with no signature.
Author: Thomas Randall Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Provides a list of the bank notes he encloses (not present). Apologizes to him for sending Knox a bill at an inconvenient time. Discusses their business arrangements with Mr. Fullerton, Mr. McConnell, and Mr. Deblois.
Author: Thomas Randall Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Received Knox's recent letter and went to visit Colonel [Benjamin] Walker immediately. Walker had also received a letter from Knox, and concluded to pay his acceptances and draw on you at thirty days. Discusses how Mr. [William] Duer's financial distress is causing anxiety in New York City. His friends will come forward soon with ideas to help him; the individuals with the most to lose are Mr. [Alexander] Macomb and Mr. Walter Livingston, as they have loaned him the most. Writes that so far the situation has tended not only to greatly lower stocks (which perhaps is no real evil) but it has destroyed in a great measure private credit & confidence in all classes. Further discusses financial arrangements with Walker. Free stamped on address leaf with no signature.
Author: Thomas Randall Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Writes to enclose several national bank notes. Lists each of the notes along with their values. Also enumerates the amount of money Knox owes on old accounts. Discusses the monies owed by a Mr. McConnell, and encloses an open letter to him (not present) on the subject. Comments on the ability of himself and Mr. [Samuel] Shaw to sell their merchandise, such as tea, and pay what they owe. Also mentions Shaw's upcoming marriage proposal and wishes him luck.
Author: Thomas Randall Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Writes that he has taken the liberty to borrow five thousand dollars for sixty days. Discusses the terms of this loan in conjunction with his desire to send a ship to Canton, China, and has made arrangements with a Mr. Matthew McConnell. Adds that he expects the arrival of Mr. [Samuel] Shaw, his business partner, any day. Finally, touches on the debate in the New York legislature about granting the charter for a bank. Free stamped on address leaf with no signature.
Author: Henry Knox Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Instructs Randall not to execute any of the bonds Knox previously mentioned without further instructions from Knox, and to keep this request secret. Asks Randall to deliver an enclosure (not included) to William Duer with his own hands.
Author: Thomas Randall Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Went to the bank and put his name down to subscribe to 67 shares in the National Bank at 25 dollars a share for a total investment of [dollar sign] 1,675. Fully expects that Alexander Hamilton will forward a further quantity of shares and as soon as he does he will forward Knox Mr. Seton's certificate for the amount. Did this immediately for fear more applicants might shut me out from this mode of remittance. Owes Knox [dollar sign] 2 which he will remit when he discounts William Duer's note of [dollar sign] 2,500. Just received the bill for [dollar sign] 900, which he will forward to Joseph Peirce. Assures Knox that it is a good bill, since he personally knows the drawers.
Author: Thomas Randall
Author: Thomas Randall
Author: Thomas Randall
Author: Thomas Randall
Author: Thomas Randall
Author: Thomas Randall
Author: Thomas Randall
Author: Thomas Randall
Author: Henry Knox
Author: Thomas Randall
Author: Henry Knox