Moses Austin to James E. B. Austin, 02-08-1820
Summary: Currency confusion. Losses in Bank of St. Louis.
Herculaneum
Dear Son
I have inclosed you a Ten Dollar Note on bank Tennessee I am
sorry I could not send you better money but there is no money but
State Bank Tennessee and State bank Kentucky and Missouri bank
bill to be had in this country. I hope I may Next mail send you
as much money as will discharge all your Bills and Dues—I sent
you in 20 dollars on state bank of Kentucky—which I hope
you have rec'd I have wrote to Washington City to have
arrangements made for you to obtain a place on board the United States
Navy—I also sometime since—wrote Mr Holly to get Mr Henry Clay
to befriend you in Washington City, also Henry Miggs [Meigs] and
Mr John Scott from these gentlemen I am in hope you may obtain
a place on board the Navy 15000 dollars after all is
settled I loose 26,000 Dollars by the bank of St. Louis its that
business that has so much injured me Know from Mr Holly whether he
has wrote Mr Henry Clay in your behalf
Moses Austin [Rubric]
my stock in the bank of St Louis is not worth a Cent 12-300 is
sunk in Bank stock
[Addressed:] Mr James E B Austin Nicholas Ville Kentucky