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Subject Area: Political Theory
Topic: The American Revolution and Constitution

to oliver wolcott - Alexander Hamilton, The Works of Alexander Hamilton, (Federal Edition), vol. 10 [1774]

Edition used:

The Works of Alexander Hamilton, ed. Henry Cabot Lodge (Federal Edition) (New York: G.P. Putnam’s Sons, 1904). In 12 vols. Vol. 10.

Part of: The Works of Alexander Hamilton, (Federal Edition), 12 vols.

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to oliver wolcott

July 15, 1796.

Dear Sir:

The application for a loan from the Bank of New York, though powerfully supported by some of the leading directors, labors, owing to the jealousy and narrowness of certain ones, who see in it a plan to increase the active capital of the Branch Bank, and put them in its power. Unluckily, the President suddenly went off to Rhode Island with his wife and some sick children. I pursue the affair, and I hope still to accomplish it.

There will be no difficulty in obtaining a postponement of the existing loan. But this I tell them will not be sufficient.2

[2]Now first printed from the Wolcott papers in the possession of the Connecticut Historical Society.