Letter from William Henry Seward to Benjamin Jennings Seward, May 13, 1837
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Letter from William Henry Seward to Benjamin Jennings Seward, May 13,
1837
transcriber
Transcriber:spp:obm
student editorTranscriber:spp:sss
Distributor:Seward Family Digital Archive
Institution:University of Rochester
Repository:Rare Books and Special Collections
Date:1837-05-13
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Letter from William Henry Seward to Benjamin Jennings Seward, May 13, 1837
action: sent
sender: William Seward
Birth: 1801-05-16
Death: 1872-10-10
location: Auburn, NY
receiver: Benjamin Seward
Birth: 1793-08-23
Death: 1841-02-24
location: Westfield, NY
transcription: obm
revision: tap 2017-03-24
<>
Page
1
Auburn May 13th. 1837.
My dear brother
I returned yesterday from a pleasant and
good visit at Orange County having left our father
and relatives in better than their usual health. He is
preparing for a journey to New Jersey New York and Long Island
and after that to the West, Auburn
and Westfield. He had been recently very low but
was much improved. I must say however that
I have very little hope of his being able to pur-
sue his plans of travelling. I fixed up his little mat-
ters of business and got all arranged to his content.
I found here two letters from you - for which I
thank you - the details are interesting and satis-
factory
The crisis in our monetary affairs in the country
has passed and after thirty days confidence will
slowly revive and business adapt itself to the existing
deplorable state of things.
I find that our two notes amounting to $55,000 (about)
will mature and payment thereon will be demanded
on the first day of June. Our affairs will therefore
reach their crisis on that day. I am not without
apprehension of the result - but will not trouble
you with forebodings. Mr Rathbone
Philadelphia on Monday next, expecting on the 16th to
present ourselves to Mr Vanderkemp
to all my associates to meet me here on the 28th
instant and expect your abstracts here on that day.
Page
2
I have this day written to Mr Cary
Geo. Humphreys
if not to call at Auburn and take them on his
way-
I am hurried by the necessity of writing many
letters this morning and must close - The Legislature
have passed a relief law giving an equity of redemp-
tion on Mortgage sales of one year which if nothing
else would prevent our selling any.
They will to day pass a law legalizing the sus-
pension of specie payments. Henceforth in the
cities and the country so far as it has felt the
pressure the tendency of things is upward but not
rapid. We wont have another pressure when specie
payments are resumed but that will be at a day
distant - many years indeed
The belief is universal that a revolution in
the politics of the country will be the result and
that a Bank of the United States will be established
Ever yours
W.H. Seward
B.J. Seward Esq.
Page
3
B.J. Seward Esq.
Chautauqua Land Office
Westfield
Chautauqua Co.
Albany
MAY
13
Type: postmark
h
May 13. 1837
Auburn May 13th. 1837.
My dear brother
I returned yesterday from a pleasant and
good visit at Orange County having left our father
Birth: 1768-12-05 Death: 1849-08-24
mother
Birth: 1769-11-27 Death: 1844-12-11
and relatives
Birth: 1808-08-26
Death: 1888-12-07
Birth: 1799
Death: 1872-04-23
Birth: 1830-07-08
Death: 1915-04-25
Birth: 1826-10-01
Death: 1876-09-11
Birth: 1805-09-24
Death: 1865-06-21
preparing for a journey to New Jersey New York and Long Island
and after that to the West, Auburn
and Westfield. He had been recently very low but
was much improved. I must say however that
I have very little hope of his being able to pur-
sue his plans of travelling. I fixed up his little mat-
ters of business and got all arranged to his content.
I found here two letters from you - for which I
thank you - the details are interesting and satis-
factory
The crisis in our monetary affairs in the country
has passed and after thirty days confidence will
slowly revive and business adapt itself to the existing
deplorable state of things.
I find that our two notes amounting to $55,000 (about)
will mature and payment thereon will be demanded
on the first day of June. Our affairs will therefore
reach their crisis on that day. I am not without
apprehension of the result - but will not trouble
you with forebodings. Mr Rathbone
Birth: 1791-08-02 Death: 1845-05-13
and I go to Philadelphia on Monday next, expecting on the 16th to
present ourselves to Mr Vanderkemp
Birth: 1783-04-22 Death: 1855-12-04
- I have writtento all my associates to meet me here on the 28th
instant and expect your abstracts here on that day.
I have this day written to Mr Cary
Birth: 1787-08-11 Death: 1869-06-20
to
receive them from Geo. Humphreys
Birth: 1814-03-15 Death: 1885-06-09
if George calls on him on
his way, andif not to call at Auburn and take them on his
way-
I am hurried by the necessity of writing many
letters this morning and must close - The Legislature
have passed a relief law giving an equity of redemp-
tion on Mortgage sales of one year which if nothing
else would prevent our selling any.
They will to day pass a law legalizing the sus-
pension of specie payments. Henceforth in the
cities and the country so far as it has felt the
pressure the tendency of things is upward but not
rapid. We wont have another pressure when specie
payments are resumed but that will be at a day
distant - many years indeed
The belief is universal that a revolution in
the politics of the country will be the result and
that a Bank of the United States will be established
Ever yours
W.H. Seward
B.J. Seward Esq.
B.J. Seward Esq.
Chautauqua Land Office
Westfield
Chautauqua Co.
Albany
MAY
13
Stamp
h
Hand Shift
Birth: 1793-08-23 Death: 1841-02-24