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Collection Reference Number GLC01574.04
From Archive Folder Documents Relating to 1840 
Title Henry Clay to Alexander Miller on the chances of securing a loan
Date 4 April 1840
Author Clay, Henry (1777-1852)  
Recipient Miller, Alexander  
Document Type Correspondence
Content Description States that he would be happy to assist him in procuring a loan but feels that now is not a good time. Remarks, "There is a want of Capital and a want of confidence." Explains that he would be able to represent him well but that there is a tendency to not lend money to distant borrowers. Offers to supply him or his agent with letters of recommendation. Comments that chances are good for the election of General William Henry Harrison, who won the Presidency in 1840.
Subjects Finance  Economics  President  Election  Politics  
People Clay, Henry (1777-1852)  Miller, Alexander (fl. 1840)  Harrison, William Henry (1773-1841)  
Place written Washington, D.C.
Theme The Presidency; Merchants & Commerce; Banking & Economics
Sub-collection The Gilder Lehrman Collection, 1493-1859
Additional Information Clay served as a United States Senator from Kentucky.
Copyright The Gilder Lehrman Institute of American History
Module Settlement, Commerce, Revolution and Reform: 1493-1859