[Albert Gallatin by John Austin Stevens]@TWC D-Link bookAlbert Gallatin CHAPTER VI 63/148
These now came forward, no doubt at the instance of Mr. Gallatin, who was a personal friend of each.
Parish and Girard offered on April 5 to take eight millions of the loan at the rate of eighty-eight dollars for a certificate of one hundred dollars bearing interest at six per cent., redeemable before December 31, 1825, they to receive one quarter of one per cent.
commission on the amount accepted, and in case of a further loan for the service of the year 1813, to be placed on an equal footing with its takers.
John Jacob Astor on the same day and at the same place proposed to take for himself and his friends the sum of two million and fifty-six thousand dollars of the loan on the same conditions.
These offers were accepted and the loan was complete. An offer on behalf of the State of Pennsylvania to take one million of the loan was received too late.
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