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Title: John James Murphy to Martin Murphy, 1 June 1878
CollectionArgentina - Murphy
SenderMurphy, John James
Sender Gendermale
Sender Occupationcattle breeder
Sender Religionunknown
OriginBuenos Aires, Argentina
DestinationHaysland, Co. Wexford, Ireland
RecipientMurphy, Martin
Recipient Gendermale
Doc. No.
Partial Date
Doc. Type
Word Count391
Genrepayments, acquaintances, business
TranscriptBuenos Ayres, Parque 587

Dear Brother,
Yours of April 28th came to hand very opportunely, as we were preparing to start by the Mail of the 5th from Montevideo, and had to leave here on the 3rd to meet her there. So as to Mr. Casey's affairs I am of the opinion that it's more neglect than anything else that has been the cause of the Bills being returned. It is not reasonable to suppose that Casey would hold in deposit in Ireland a large amount at any one time gaining little or no interest, wherein such a high interest is paid here 15%. Some times there are many heavy drafts dispatched, perhaps all about the one time. And it is not unreasonable to suppose that in some of this cases the funds may fall short for start. And I think this may have been the case on the occasion you refer to. I don't know that Casey is a very rich man, but he is doing a good and safe business. I know of numbers as well as myself that deposit with him. He pay 8% and give some out at 12 & 15. He is gone into some large camp business here, which pay well. His working capital were it in the hands of men in England, he would be called a rich man. But I delay my starting now till the 11th of June, and by that time I shall have your promised letter of the 9 of May, which will throw some light on the subject. The memorandum you sent me about the Mercantile Bank of Bs. As. I cannot see how it is that the Manager of National Bank that gave it to James did not know that this said Bank is failed, and has been this last nine months undergoing liquidation and no business doing. And it's not probable that the N. Bank will cash drafts drawn on them by such a Bank while in this state of affairs exist. I am writing this the morning the Packet sail and it's now almost the last moment allowed for letters, so I have to finish wishing you all good health till we see you all well & dream of C&C,
John J. Murphy

I send one paper.