I have drawn out a plan for a bank, but find that it will require so
many explanations that I forbear to send it. I perceive that you are
about selling our stock in the funds of the United States. We have
already talked over this matter. The more I reflect, the stronger
appear the objections. It will doubtless be urged in favour of an
immediate sale, that our funds are in danger of seizure by the United
States. This is a mere bugbear. Such a thing will never again be even
proposed, and, if proposed, will never receive three votes in the
Senate. I hope, therefore, our legislature will not suffer themselves
to be precipitated into this sale from any such unfounded
apprehensions.
Mr. Belasies, a gentleman, a man of education and fortune, by birth an
Englishman, has come out with his family to reside in this country. If
he should apply for leave to hold lands in this state, I hope he may
be gratified; from the little I have seen, and the much I have heard
of him, I am persuaded that he will be a valuable acquisition to any
state and to any society. He is no politician.
I return to-morrow to Philadelphia, where I shall remain for this
month. May l expect to see you here in the spring? Present me most
respectfully to Williamson, and be assured of my esteem and
attachment.
A. BURR.
In April, 1798, Colonel Burr was elected a member of Assembly for the
city and county of New-York by the democratic party.
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