The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-04-26
Price Two \

agent OF the bank OF the United STATES IN England
have been satisfactory, and ] venture TO add the as,
surance of my fullest belief that il is the desire Of he
Bank of England TO cultivate the most friendly in
lercourse with lis sister institution of the United
States, and TO render II any service within he
limits Of its power either in England or else
where.
Under these circumstances, l should be deficient
In my duty to my employers, were l to hesitate for a
moment in expressing to you my earnest desire ior a
continuance ofthose friendly services whichyou have
thus tar yielded in promoting the interest OF Bank Of
England on this side of the Atlantic. Those interests
are vast and they cannot be so efficiently pro-
tec,ed IN the hand Of any oth,r institution Us in those
OF the Bank OF the United States. Contemplating
me contingency OF your possibly desiring to have
mem removed nom the guardianship of the Bank of
me United Estates, have been empowered to make
the arrangements that would thence become neces-
sary, but trust that the view which your body will
take OF The communications which you have re-
ceived, Will render any such steps on my part unne-
cessary. 1 am sure do no more than express your
sentiments ana those OF your coa0lutors in saving
that you and they would as deeply regret as
should do, that the efforts which the bank of Eng
land made to support the commercial relations be-
tween the two countries, should eyentuate IN any
loss TO that institution, and troIa my experience Of
the zeal and trouble which you have hitherto mapi-
Tested TO forward the interests OF the Bank ofISngland,
l confidently hope that you will continue lending
your assistance 10 Obviate any such event.
For myself, | cannot conclude this letter without
avaIling myself of the opportunity il properly affords
OF thanking you for the friendliness and cordially
yOu nave always SHOWN IN the intercourse between,
US, and with every sentiment of respect, ! remain,
Dear sir,
Your faithful humble servant,
. (Signed,) JOHN W.. CowELL-
NICHOLAS BrDpLE,
President OF the Bank Of the United States,
Philadelphia.
BANK or THE UNITED STATES,
March %, 1898.
l have the pleasure Of acknowledging y)ur favor
OF this day. 1t affords me great satisfaction to saw
that Its contents, confirmed as they are by the ex-
plantations In the letters of the Governor of the
Bank OF England, have renewed the impressions
which dictated my communication to him of the
18th OF January last. Yeu do me but Justice in
assembling to me great anxiety to avert from the
Bank of England any loss in consequences of her
interposltlon TO protect the commercial interest of
the two countries, and as | unde rstand il TO be the
wish OF that institution and of yourself personally,
that the agency OF the Bank of the United States
should continue, / very .cheerfully -accede to your
! rejoice very cordially at this result on
many public onsiderations-t which / cannot omit
TO add my own private satisfaction that your personal
with the officers OF the Bank will not
be interrupted.
With respect, yours,
(Signed.) N. BIppLE.
JOHN w.. CowELL, ESQ,
Bank of England, Philadelphia.