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Davis, Matthew L. (Matthew Livingston), 1773-1850

"Memoirs of Aaron Burr, Volume 1."


_Second._ I could not bear to give any uneasiness to Frederick
Prevost, which might have been the consequence of a legal proceeding.
_Third._ I was a little apprehensive of being sued on the covenants
for payment of the purchase money. Cazenove, on his part, had but a
single motive, to wit--he found that these lands were all I had to
give, and that a suit would have produced only expense.
The aforegoing facts are substantially known to Le Roy, Bayard, and
McEvers, and to Harrison and Ogden. The two last were consulted on the
closing of the business in May and June last (1799). The former of
them, Harrison, several times on the exchange of the bonds. I have not
spoken to either of those gentlemen on the subject since the
transactions took place; but any person is at liberty to do it who may
choose to take the trouble.
I have given you a summary of my whole concern with Cazenove and the
Holland Company, not knowing what part of it might tend to elucidate
your inquiries.
By those who know me, it will never be credited that any man on earth
would have the hardiness even to propose to me dishonourable
compensations; but this apart, the absurdity of the calumny you allude
to is obvious from the following data, resulting from the deeds and
known facts:
That at the time the Alien Bill was under consideration, and long
after, the bond, the covenant, and the penalty were objects of no
concern, as we had reason to believe that the lands were or would be
sold in Europe, so as to leave me a profit:
That Witbeck's bond was _never given up_, but exchanged for one more
safe and valuable:
That I had not, nor by possibility could have, any interest in this
exchange, as it was relieving one friend to involve another still more
dear to me:
That, so far from any understanding between Cazenove and me, we had
controversies about the very bond and penalty for more than a year
after the passing of the Alien Bill: That no part of the penalty was
ever due from me to the Holland Company; and that of course, they
could never have demanded the bond, which was expressly a security for
the penalty, and not for the payments:
That nevertheless I did finally give Cazenove a valuable and
exorbitant compensation to induce him to cancel the covenants and
discharge the penalty.


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