| Title: | T. W. Coskery, U.S.A. to W. J. C. Allen, Belfast. |
|---|---|
| ID | 712 |
| Collection | Irish Emigration Database |
| File | Coskery, Thomas W/33 |
| Year | 1873 |
| Sender | Coskery, Thomas W. |
| Sender Gender | male |
| Sender Occupation | businessman |
| Sender Religion | unknown |
| Origin | Augusta, Georgia, USA |
| Destination | Belfast, N.Ireland |
| Recipient | Campbell Allen, William J. |
| Recipient Gender | male |
| Relationship | friends, business |
| Source | D 1558/1/1/505: Papers of William John Campbell Allen Deposited by F.D. Campbell Allen. |
| Archive | The Public Record Office, N. Ireland. |
| Doc. No. | 9802152 |
| Date | 18/11/1873 |
| Partial Date | |
| Doc. Type | EMG |
| Log | Document added by LT, 04:02:98. |
| Word Count | 556 |
| Genre | |
| Note | |
| Transcript | Augusta 18th Nov 1873 W. J. C. Allen Esq Belfast My Dear Sir It affords me great pleasure to acknowledge receipt of your valued favor of 27th ult. together with the Ulster Bank statement alluded to which you and all its officers may well be proud. I wish we had a few such Institutions on this side and I think such men as Messrs Carr & Blackwood deserve promotion. You acted wisely in showing a disposition to retain such men and the men advance in a pecuniary point, which though doubtless appreciated, is nothing compared to the effect it otherwise has on any faithful officer by way of convincing him that his service is appreciated. I am truly glad to learn from Mr Carr's letter of 29th Sept that his Georgia coupons have been paid and you might say to him that I have the utmost confidence that Georgia will never repudiate her just liabilities, our people have some state pride and it was mortifying to us to repudiate spurious issues in order to protect such men as Mr Carr and others who hold genuine issues, though the State has ample resources to meet all in time, yet she well nigh being ruined, hence the delay in meeting the interest promptly. We are all right now after we get over the present panic which is gradually disappearing without any failure in this section and we have a large crop of cotton which will bring greenbacks if there be any in the country. Strange to say all our Banks suspended for want of currency but are nevertheless in sound condition, so far as Augusta is concerned, and have resumed after only a few days suspension. We at the South think our National Bank system a failure & want to go back to the old system but that won't suit "Uncle Sam" yet awhile. Well we must just take care of ourselves as best we can until the Democracy gets in power, then we will work more after your fashion on that side. Our National Bk [Bank?] system is no doubt a humbug and but for the present high rate of interest here would not survive long. You think 7% a high rate, here 15 to 20% is common for first class paper, since the usury law has been repealed which depresses all 7% securities for the present, but the panic is subsiding and Augusta will come out right side up. Mr. Bryson's family & all your friends here are well and many of them with my Brother desire to be kindly remembered to you. Wm. [William?] Bryson is not dissipated as you might infer from my last but simply unfortunate in his business transactions since he has not his father to look up to and the family thought it best that Mr Bailie should administer alone lest the Estate might become complicated with William's misfortunes. Wm. [William?] is a fine looking fellow and has a nice little family but seems to have lost energy & is rather desponding. Mrs Wm. [William?] Bryson looks remarkably well for her age and John Davison is the same "old two & sixpence", plenty of money and nothing to do. But you will grow weary with my long epistles so I must close with kind regards to Messrs. Carr & Blackwood & your own family I am dear Sir, Yours very truly Thos. [Thomas?] W. Coskery. |
