9 March 1846
Anthony, Philip, 1800-?
Autograph letter signed
Title: to Ford, Heath & Company
Anthony discusses the payment of interest on bonds and business ventures with Ford, Heath, & Company, a British firm. Explaining the economic situation in Arkansas, Anthony states "Liberal loans were made upon long times payable in installments with interest. Revulsions in the monetary world & other misshaps, brought about general distress in the community- debtors who had more regard for their pecuniary safety then their moral responsibility sold their lands, or if incumbered, abandoned them and ran off their slaves & other effects to Texas, thus leaving large sums due the…
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