Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1876-06-07
NO. 1874.

made upon me without taking into account nv
claims have of certain kind. This does not
fill my idea of settlement, for settlement must
include both sides. No person could be more
anxious for settlement than am, and if upon our
next interview we cannot reach one, why then We
will try other means; but my Judgment is that
shall make you so liberal an offer of settlement
that you cannot possibly refuse it, ss one Of the
elements which wish to take into account Is the
note of $4,000, given you in 1868, for Spencer
stock desire that You will furnish me with the
items OF interest on that note which you still hold,
that you did not charge me interest, possibly omit
ting one or two years. l will be obliged if you
will give me information on this point for in
tend to submit to you full and explicit settle
ment, and in making it up it is necessary that l
should have this information. Please send it as
promptly as you may be able to give it to me.
In haste, very truly yours.
(Sgned) J. G. BLAINE.
Warren Fisher, Jr., Esq.
AUGUSTA, Me-. Oct. 1st, 1871.
My dear Mr.. Fisher. l am doing all in my
stock. The delay has been occasioned by circum-
stances wholly beyond my control, but shall
reach a conclusion within few days and make q
formal delivery then. 1t will be an immense
lief to get it off my hands assure you. far great
er than for you to receive it. You must have
strongly misunderstood Mr.. Caldwell in regard to
his paying these notes. lie has paid me only just
S6, 900, leaving $4,000 due which an carrying
here at and IL per cent interest, and which en-
barrasses me beyond all imagination. do not real
ly know which way to turn for relief. am
pressed and hampered with the Little Rock end
Fort Smith matter; and if you and Caldwell be-
tween you cannot pay that $l9.000 Of borrowed
money, do not know what l shall do. Political
y, am charged with being = wealthy man and
personally and pecuniarily 1 am laboring under
most fearful embarrassments, and the greatest of
all these embarrassments is the $500 which
have received of the $25,0 600 original debt. Mr.
| ~ 4 L. (Nu>
you not give me some hope of relief in this matter
1t is cruel beyond measure to leave me so exposed
'N' - ''''- J. &. BLAINE.
AUGUSTA, Me-, July End. 1869.
| My dear Mr.. Fisher. You ask me if am satis-
fed with the offer you made me of share in your
new railroad enterprise. OF course / an more
than satisfied with the terms of the offer. think
it most liberal proposition. If hesitated at all
it is from consideration no way connected with
the character Of the offer. Your liberal mode of
dealing with ME in all business transactions of
the past eight years has not passed without my
full appreciation. What | wrote you on the 27th,
was intended to bring Caldwell to defnite prop
osition, that was all. go to Boston by same train
that carries this letter and will call at your office
| tomorrow at II NJ. you don't happen to be ir,
no matter; don't put yourself to any trouble about
it. Yours, j. G. B.
AUGUSTA, Me-, Oct 4th, 1871
My Dear Mr.. Fisher You must have strange
| ly misunderstood Mr.. Caldwell's statement in
gard to his paying me all but $500 borrowed
money, which loaned the company through him
to you last January. Mr.. Caldwell paid me in
June $500, and il July $500 more, accepting at
the same time a draft for $3.50 July 10, ten days.
which draft remains unpaid. | have therefore
| received but $4,000 from Mr.. Caldwell, leaving
$4,000 besides the interest due me to-day for
that $4,000. | am individually held and consider
ing all the circumstances think that you and Mr..
Caldwell should regard it an honorary debt and
you should not allow me to suffer for money which
raised uLder peculiar circumstances, and then
again have been used with positive cruelty in re-
gard to the bonds. have your positive written
contract to deliver me $l25, 900 land bonds and
| 1872 800 first mortgage bonds the money due you
| on the contract was all paid nearly year and q
half ago. Of that whole amount of bonds due
| me | have received but $4,000 of land grants
leaving $75 900 of them and 1872, 500 Of first mort
gage bonds still due. l know that you are pressed
nd in trouble and do not wish to be too exacting
Rather wish to he very liberal in settlement.
Now make this offer; pay me the cash due on the
borrowed money account with Caldwell, Sl9,OO0
in round numbers and $4,000 in land bonds, and
we will call it square. Mr.. Caldwell has repeated
ly assured NE that | should be paid all the bonds
| due me under contracts with you and outside of
| that $40, 900 due me from him now. l voluntarily
offer to make very large reduction if can have
\ the matter closed. | am without doubt the only
person who has paid money for bonds without re-
ceivng that, and think you will agree with me.
that have Jared pretty roughly. 1t would be an
receive the money in time to pay off the indebted
ness herewith in the next six weeks, so that | can
go to Washington this winter with the load taken
off my shoulders. 1t was placed there in the full
est faith and confidence that you and Mr. Caldwell
would not let me suffer, and l still cling to that
faith and confidence. You will much oblige me by
showing this letter to Mr.. Caldwell.
Yours truly,
JAMES G. BLAINE.
Augusta, Me-, Aug. 8, 1872.
My Dear Mr. Flsher,-
On my return home yesterday found your
favor of the 9th, from Stonington, asking for my
notes of $1,000 on account. 1t seems to me that
partial sc ttlement Of our matter would only lead
| to future trouble at all events, TO mere postpone
ments of our present difficulties. l deem it high
| ly desirable that should have conclusive set
tlement, and have been eager for that for three
months. The account which you stated June 20,
1872 does not correspond precisely with the reck
oning have made Of my Indebtedness. On the
note you hold you credited April 26, 1850, ith
Sl25, 900 dividend from the Spencer Company, but
there were two subsequent dividends, one OF
$3.50 the other Of $780, of which no mention is
made in your statement, though l received iu
June 1870 your check for $2700 or $500. which
was part of those dividends, believe. l think
my cash memorandum of June 10, 1862 for $500
with which you charge me, represented at the
| time part OF the dividends, but being debited
with that am entitled to q credit Of the dividend.
Ia ether words as reckon it there are dividends
| amounting to $3.50 due me with interest since
| June, 1870, of which have received only $500
or $500, emitting me thus to credit of some
5000 besides the cash memorandum of Jan. 9,
| 1864, for $500, which, with interest, amounts to
$904l0 included in the consolidate note which
was given to represent all my Indebtedness to you
and which you repeatedly assured me would be
met and lqui lated IN good time by Spencer divi-
| dends.
| You will thus that we differ materially as to
the figures OF course each of us is aiming at pre-
| cisely the facts of the case, and 1t am W rong
| please correct me- am sure that you do not de-
sire me to pay dollar that is not due and am
equally sure that | am more than ready to pay
every cent owe you.
| The Little Rock matter is a perpetual and never
| ending embarrassment TO me. | am pressed daily
almost to make a final settlement with those who
still hold sccurities-a settlement am not able to
make until receive the bonds due your article
of agreement with me. That IS to me by far the
most urgent and pressing of all the demands con-
neced with oar matter and the one which think
in all equity should be first settle d. or certainly
settled as soon as any. If the 5000 cash Is so im
portant to you would be glad to assist to raise
the same for your notes. using Little Rock bonds
as collateral at the same rate they are used in Bos-
| ton, four for one. think could get the money
here on four or six months for these terms. If
| had the money myself wouid he plad to advance