Buchanan, James (1791-1868) to Mr. Swarr re: finances and inability to lend money
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Gilder Lehrman Collection #: GLC02793.032 Author/Creator: Buchanan, James (1791-1868) Place Written: [Washington?] Type: Autograph letter signed Date: 1859/11/05 Pagination: 2 p. 21 x 13 cm Order a Copy
Written as President
My dear Sir
I hasten to acknowlege the receipt of Mr. Brenners Bond. All has been entirely satisfactory .
I told our friend Baer when at Wheatland I had $500 to lend. Before I heard from him I had but $300. In his first letter he imformed me that Doeblers property was clear incumbrances. He afterward corrected this statement. I have no-money at present to lend to any person. Should I have I will consider of Mr. Ds. proposition. He is a good man & I should like to oblige him; but it has ever been a rule with me to have the first incumbrance. I presume he would ensure his house [& assign the policy]. What interest will he have on the $1800 after his mothers death? But I do not accept to have $2000 to loan before 1 February & perhaps not before the 1 April.
James Buchanan
W. Swarr
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