Letter from William Henry Seward to Benjamin Jennings Seward, October 7, 1837
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Letter from William Henry Seward to Benjamin Jennings Seward, October 7, 1837
transcriberTranscriber:spp:mah
student editorTranscriber:spp:sss
Distributor:Seward Family Papers Project
Institution:University of Rochester
Repository:Rare Books and Special Collections
Date:1837-10-07
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Letter from William Henry Seward to Benjamin Jennings Seward, October 7, 1837
action: sent
sender:
William Seward
Person
Name: William Seward
Birth: 1801-05-16
Death: 1872-10-10
Person
location:
Auburn NY
Place
Name: City: Auburn
County: Cayuga
State: NY
Country: US
Place
receiver:
Benjamin Seward
Person
Name: Benjamin Seward
Birth: 1793-08-23
Death: 1841-02-24
Person
location:
Westfield NY
Place
Name: City: Westfield
County: Chautauqua County
State: NY
Country: US
Place
transcription: mah
revision: ekk 2015-11-24
<>
Page 1
Auburn October 7th. 1837.
My dear Jennings,
I have the pleasure of writing to you once more from my own
cherished home. I arrived last evening and found my family and all my friends
in the enjoyment of entire health. I regret that the letters I find here from
you are so destitute of information concerning Marcia
Name: Marcia Seward
Birth: 1794-07-23
Death: 1839-10-28
’s health which
is a subject of much solicitude with us here.
I think I mentioned to you in a former letter that I made a brief visit
at Florida
Name: City: Florida
County: Orange
State: NY
Country: US
. I have not heard from there since. George
Name: George Seward
Birth: 1808-08-26
Death: 1888-12-07
met me at
New York
Name: City: New York
County:
State: NY
Country: US
and came up the river with me to NewBurgh
Name: City: Newburgh
County: Orange
State: NY
Country: US
, where he
went to Florida to convey his little family to their home in New Jersey
Name: New Jersey City:
County:
State: NJ
Country: US
. He appears to be enjoying entire health, and greater content-
ment than heretofore. He will not (cannot) leave New Jersey this
Autumn but will consider the subject in season for a Spring move-
ment. I think however he will become satisfied to remain where
he is. Our Orange County
Name: Orange County City:
County:
State: NY
Country: US
friends are all well so far as I acqui-
red any knowledge concerning them. I found here a letter from
Dr Canfield
Name: Mahlon Canfield
Birth: 1798-11-26
Death: 1865-01-05
in which he mentions that Cornelia
Name: Louisa Canfield
Birth: 1805-10-29
Death: 1839-01-04
has been recently
confined, that her illness after a short season became very alarm-
ing but that she is convalescent, and as he thinks out of danger.
The letter bears so old a date that we may dismiss apprehension.
She has a daughter named Mary
Name: Mary Canfield
Birth: 1837-09-15
Death: 1839-03-10
in honor of our dear mother
Name: Mary Seward
Birth: 1769-11-27
Death: 1844-12-11
and
of the memory of Dr C’s mother
Name: Mary Canfield
Birth: 1778-09-18
Death: 1850-04-27
of the same name.
Frances
Name: Frances Seward
Birth: 1805-09-24
Death: 1865-06-21
health is greatly improved, she is confined as usual in
her school.
The arrangement of the business I had in charge at the
East is in this wise. I have a written agreement with the
Bank of the United States of Penn. that they will receive from
me for sale in Europe
Name: Europe City:
County:
State:
Country: NULL
the certificates As of the American Life
Insurance and Trust Company for $650,000 the aggregate of all
the debts owed by the Chautauqua
Name: Chautauqua County City:
County:
State: NY
Country: US
estate. That they will sell them
Page 2
in Europe and will account to me for the amount less expenses
and at the fair exchange in this country. The funds to be applied
in discharge of the debts on which occasion the Holland Co.
will convey to me that I may mortgage to the Am Trust
Co. And in the meantime the Bank of the U.S. will advance
to me the $60,000 required to pay off our debt due this fall. Thus
it was settled at Philade
Name: City: Philadelphia
County:
State: PA
Country: US
. But on my return to New York
the Am. Trust Co. de for reasons good desired to modify the ar-
rangement touching this issue of their certificates, and it was mod-
ified so that the Am Trust Co. issue now their certificates for
the $650,000-$60,000 of which are placed with the BK of the U.S.
to be sold, for the residue of the great sum the certificates are to
be sold by the Trust Co. or on their account, and they pay me the
cash in New York at par. I to assign bonds and mortgages as
fast as the money is received. This modification being made
much more advantageous to us because it saves me from
all loss on the Exchange. I assented to it, taking the stipulation of the
Am. T. Co. that if the BK of the U.S. should by reason of the departure from
the first agreement decline to make the advance they the Trust Co.
would make it that is of the $60,000. The certificates to that amount
have been issued and placed with the BK, and thus the business
is successfully and satisfactorily closed.
I am gratified to hear that the business of the office proceeds so
well, and especially that you are bringing up the business in
arrear, by reviewing contracts, as that is the great source of
discontent.
I have bestowed my best consideration upon the embarrass-
ments, so fully stated in your letters, concerning the circulating medium in
which we have to deal. It is indeed full of difficulty. But it is certain that we
cannot bear all the loss of depreciated paper and that it is better to take smaller
payments in good paper than full ones in a depreciated medium. It is fortu-
nate that the arrangements I have made below will enable us to
Page 3
adopt more liberal terms. The course which under all circumstances
it seems to me best to adopt will be found with a sufficient expla-
nation of it and defence of it in the inclosed* sheet which you will
please publish in all the newspapers.
It will not now be necessary to make out the statement for
which I wrote you, until I go Eastward to Chautauqua and I
am happy in this busy season to relieve you from it. You may
postpone it for the present.
I am very anxious to be with you, but I cannot leave here
just now. I am to wait firstly for letters from New York, my
private concerns will detain me here a short time, and
I am moreoover to attend a Convention at Elmira
Name: City: Elmira
County: Chemung
State: NY
Country: US
of the friends
of the New York & Erie railroad on the 17th instant. If possible I
wish to remain here until the first week in November and then
to join you and remain in Chautauqua until after the New Year
business. But it is by no means certain I shall adopt that course
as it must depend upon your letters.
I think you should remit to Van Hall
Name: Peter Van Hall
Birth: 1799-12-23
Death:
the funds on han[
d
]
Reason: wax-seal
including Lumbermans Bank with the indorsement of Lowry
Name: Nathaniel Lowry
Birth: 1805-10-22
Death: 1852-02-23
[
&
]
Reason: wax-seal
Irving
Name: Guy Irvine
Birth: 1792-12-15
Death: 1868-08-24
, and make remittances as large as possible. I of course
mean only the drafts you have already received.
You will have to provide for such checks not exceeding
$700, or $800 as I may make here.
Say to Mr. Morse
Name: William Morse
Birth: 1810
Death: 1881
that I have received his letter, and say to
others that I am on my way to Chautauqua.
The Education addresses are with me and will be sent
in advance of my own coming as soon as I find an oppor-
tunity. I send you one.
You will please write (until you re-
ceive other advice from me) as often as convenient or necessary.
Affectionately your brother
W.H.Seward
*I will send this tomorrow.
Page 4
Benjamin J. Seward Esq.
Chautauqua Land Office
Westfield
Chautauqua Co.
Auburn N.Y. Oct 6
Type: postmark
Name: Benjamin Seward
Birth: 1793-08-23
Death: 1841-02-24Certainty: Probable
October 7. 1837
Auburn October 7th. 1837.
My dear Jennings,
I have the pleasure of writing to you once more from my own
cherished home. I arrived last evening and found my family and all my friends
in the enjoyment of entire health. I regret that the letters I find here from
you are so destitute of information concerning Marcia
Person
is a subject of much solicitude with us here.
I think I mentioned to you in a former letter that I made a brief visit
at Florida
Place
Person
New York
Place
Place
went to Florida to convey his little family to their home in New Jersey
Place
ment than heretofore. He will not (cannot) leave New Jersey this
Autumn but will consider the subject in season for a Spring move-
ment. I think however he will become satisfied to remain where
he is. Our Orange County
Place
red any knowledge concerning them. I found here a letter from
Dr Canfield
Person
Person
confined, that her illness after a short season became very alarm-
ing but that she is convalescent, and as he thinks out of danger.
The letter bears so old a date that we may dismiss apprehension.
She has a daughter named Mary
Person
Person
of the memory of Dr C’s mother
Person
Frances
Person
her school.
The arrangement of the business I had in charge at the
East is in this wise. I have a written agreement with the
Bank of the United States of Penn. that they will receive from
me for sale in Europe
Place
Insurance and Trust Company for $650,000 the aggregate of all
the debts owed by the Chautauqua
Place
in Europe and will account to me for the amount less expenses
and at the fair exchange in this country. The funds to be applied
in discharge of the debts on which occasion the Holland Co.
will convey to me that I may mortgage to the Am Trust
Co. And in the meantime the Bank of the U.S. will advance
to me the $60,000 required to pay off our debt due this fall. Thus
it was settled at Philade
Place
the Am. Trust Co. de for reasons good desired to modify the ar-
rangement touching this issue of their certificates, and it was mod-
ified so that the Am Trust Co. issue now their certificates for
the $650,000-$60,000 of which are placed with the BK of the U.S.
to be sold, for the residue of the great sum the certificates are to
be sold by the Trust Co. or on their account, and they pay me the
cash in New York at par. I to assign bonds and mortgages as
fast as the money is received. This modification being made
much more advantageous to us because it saves me from
all loss on the Exchange. I assented to it, taking the stipulation of the
Am. T. Co. that if the BK of the U.S. should by reason of the departure from
the first agreement decline to make the advance they the Trust Co.
would make it that is of the $60,000. The certificates to that amount
have been issued and placed with the BK, and thus the business
is successfully and satisfactorily closed.
I am gratified to hear that the business of the office proceeds so
well, and especially that you are bringing up the business in
arrear, by reviewing contracts, as that is the great source of
discontent.
I have bestowed my best consideration upon the embarrass-
ments, so fully stated in your letters, concerning the circulating medium in
which we have to deal. It is indeed full of difficulty. But it is certain that we
cannot bear all the loss of depreciated paper and that it is better to take smaller
payments in good paper than full ones in a depreciated medium. It is fortu-
nate that the arrangements I have made below will enable us to
adopt more liberal terms. The course which under all circumstances
it seems to me best to adopt will be found with a sufficient expla-
nation of it and defence of it in the inclosed* sheet which you will
please publish in all the newspapers.
It will not now be necessary to make out the statement for
which I wrote you, until I go Eastward to Chautauqua and I
am happy in this busy season to relieve you from it. You may
postpone it for the present.
I am very anxious to be with you, but I cannot leave here
just now. I am to wait firstly for letters from New York, my
private concerns will detain me here a short time, and
I am moreoover to attend a Convention at Elmira
Place
of the New York & Erie railroad on the 17th instant. If possible I
wish to remain here until the first week in November and then
to join you and remain in Chautauqua until after the New Year
business. But it is by no means certain I shall adopt that course
as it must depend upon your letters.
I think you should remit to Van Hall
Person
Supplied
including Lumbermans Bank with the indorsement of Lowry
Person
Supplied
Irving
Person
mean only the drafts you have already received.
You will have to provide for such checks not exceeding
$700, or $800 as I may make here.
Say to Mr. Morse
Person
others that I am on my way to Chautauqua.
The Education addresses are with me and will be sent
in advance of my own coming as soon as I find an oppor-
tunity. I send you one.
You will please write (until you re-
ceive other advice from me) as often as convenient or necessary.
Affectionately your brother
W.H.Seward
*I will send this tomorrow.
Benjamin J. Seward Esq.
Chautauqua Land Office
Westfield
Chautauqua Co.
Auburn N.Y. Oct 6
Stamp
Person
date:
Saturday, October 7, 1837
receiver:
sender:
year: