Letter to Horace Hotchkiss, 30 June 1842
- Source Note
On 30 June 1842 in , Illinois, inscribed a letter on behalf of JS to in . The letter was written in response to a 27 May 1842 letter from Hotchkiss, one of JS’s largest creditors, in which he expressed concern about JS’s decision to petition for bankruptcy. In that letter, Hotchkiss worried that this action would “have a most disastrous influence upon your society both commercially and religiously.” In JS’s response, he reiterated the argument he had made in a 13 May 1842 letter to Hotchkiss—that he had no other options and no other means of meeting his debts.In his 27 May letter, asked JS to clarify how he had represented, in his bankruptcy application, the land and promissory notes that were part of his 1839 agreement with Hotchkiss and his partners. In the letter featured here, JS noted that they had been included in his bankruptcy schedules, but he did not provide Hotchkiss with any additional details. JS had included the land in question among his assets, which Hotchkiss had warned him not to do, since JS had not finished paying for the land and therefore Hotchkiss and his partners still held title to it. Hotchkiss had also asked JS to explain how he intended to repay his creditors, but JS only reiterated that all his creditors would “fare alike.” JS did not respond to Hotchkiss’s offer for a new arrangement to repay the 1839 bond. Desperate for news after hearing nothing more from JS, Hotchkiss wrote to in November 1842 making further inquiries about payment and JS’s bankruptcy proceedings.The letter JS sent to is apparently not extant, but a copy was made by in JS Letterbook 2. Clayton presumably made the copy about 30 June 1842, the date the original letter was written.