Letter

James S. Pike to William H. Seward, December 24, 1862

[Extract.]

Mr. Pike to Mr. Seward.

No. 69.]

Sir:

* * * * * * * * * *

The last mails have brought us Mr. Chase’s report on the finances, which was looked for with much interest in this money-lending country. Its exposition is assuring, and its tone is regarded with much satisfaction. Should Congress follow in the path he has marked out, American securities will begin to improve from their declining condition here, and a basis be formed for future loans.

I have the honor to be, with great respect, your most obedient servant,

JAMES S. PIKE.

Hon. William H. Seward, Secretary of State, Washington.

Sources
FRUS u2014 Papers Relating to Foreign Affairs, Accompanying the Annual Message of the President to the First Session Thirty-eighth View original source ↗
U.S. Department of State, Office of the Historian. Papers Relating to Foreign Affairs, Accompanying the Annual Message of the President to the First Session Thirty-eighth .