細節
MORRIS, Robert, Signer (Pennsylvania), "Financier of the Revolution" (1734-1806). Letter signed ("Robt Morris") to James Carey of Baltimore, Philadelphia, 19 June 1792. 1 full page, 4to, integral blank, on pale green paper. In superb original condition.
ROBERT MORRIS AS A EARLY STOCKBROKER. Morris informs Carey, one of his business partners, that it is difficult for him to assist in an certain stock transaction, since "the informality of the Papers enclosed prevent my making use of them so advantageously for you as you may be done, when they are returned to me in a different shape." Carey evidently wants Morris to sell certain securities on his behalf. Morris instructs him to "transfer them in my name and obtain a Warrant....placed at my Credit on the Books of the Treasury here. This being done, I can then make sale and transfer them to the purchaser at once but as they are now, the purchaser would have to empower a person to transfer them...[and] under such Circumstances would not give so good a price as could be obtained if immediately placed at his Credit on the books here...You will...send me the proper Warrant in my favor, and the best price shall be obtained..." Morris, whose financial genuius had done so much to shore up the new nation's depleted finances during the Revolution, was already experiencing the mushrooming credit difficulties that would, in a few years time, land him in debtor's prison.
ROBERT MORRIS AS A EARLY STOCKBROKER. Morris informs Carey, one of his business partners, that it is difficult for him to assist in an certain stock transaction, since "the informality of the Papers enclosed prevent my making use of them so advantageously for you as you may be done, when they are returned to me in a different shape." Carey evidently wants Morris to sell certain securities on his behalf. Morris instructs him to "transfer them in my name and obtain a Warrant....placed at my Credit on the Books of the Treasury here. This being done, I can then make sale and transfer them to the purchaser at once but as they are now, the purchaser would have to empower a person to transfer them...[and] under such Circumstances would not give so good a price as could be obtained if immediately placed at his Credit on the books here...You will...send me the proper Warrant in my favor, and the best price shall be obtained..." Morris, whose financial genuius had done so much to shore up the new nation's depleted finances during the Revolution, was already experiencing the mushrooming credit difficulties that would, in a few years time, land him in debtor's prison.