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Title: William Redmond, New York to William Young, Ireland
CollectionIrish Emigration Database
FileRedmond, William/14
SenderRedmond, William
Sender Gendermale
Sender Occupationbusinessman
Sender Religionunknown
OriginNew York, USA
DestinationCo. Antrim? N.Ireland
RecipientYoung, William
Recipient Gendermale
SourceD 1364/I/17: Presented by W.L. Young Esq., The Old Rectory, Drewsteignton, Exeter, Devon.
ArchiveThe Public Record Office, Northern Ireland
Doc. No.9012001
Partial Date
Doc. TypeEMG
LogAction By Date Document added by B.W. 06:12:1993
Word Count451
TranscriptTo: William Young
Fenaghy [County Antrim?]

New York June 4, 1861.

My Dear Nephew,
I have your favour of
18th inst I think I have got to
the extent of my losses. The gross
amount reaches $34m It is hard to
estimate the ultimate loss so much
depends on the length of the war. I
should say that my loss will not
be over half & an early settlement of
the war may make it less. My
belief is that this war will be
ended in this year. The evidence
is indisputable that the secession has
been sprung in all the states by an
unprincipalled [unprincipled?] oligarchy for their
own selfish ends in opposition to a
majority of the people of every seceded
State except perhaps of South Carolina
& in my opinion the people of their
own States will hang the traitors
before six months are over. The
good & loyal people of the seceded
States have been deceived & betrayed
by them & they will hold them to a
bloody reckoning. The present energy
of the Federal government will soon
bring things right. The Course pursued
by the British Gov------t [Government?] has created a bitter
feeling of resentment here & if preserved
in a war between the two
countries will be the result. I look
for a change of policy however when
your Government gets better posted
up as to the true State of things on
this side.
I enquire at the [?]
last week how they were doing.
The secretary told me that their
capital was good but that they
were doing much less business.

All the Coastwise risques [risks?] are terminated
since the blockade of the
Southern parts & this was a large
branch of their business. The [?]ssels
from Europe too are bring [?] no
cargoes. There is no sale [?]
Stock at present. Virginia bs [bonds?] sold
yesterday from 45 1/4 @ 48 with large
sales. North Carolina's sold at 52
Tennessees at 40 1/2. I would rather
buy either of them at the price than
Virginias. I don't know how the debt
of the Confederated States will be
apportioned but I lay much strip
in that increased obligation. New
Jersey Central 1st Mortgage bonds
sell at about 101 1/2 @ 102 1/2. The
Virginia bonds are however about
your limits. I have bonds I could
use for yours in case the execution
of your order had been praticable.
My son Gould goes passenger by this
vessel accompanied by a young man
of his own age a relative Mr Lydig.
[?] propose landing at Queenston [Queenstown?]
visiting the lakes of Kilarney & Dublin
on their way North. They will spend
some days in your neighbourhood
& you will tell him where he will
find your Mother yours sincerely
William Redmond
Wm [William?] Young