Altoona, Pa
Dec. 22, 1872
Friend Benjamin,
I am not in the habit of loaning my money far from my home
as I can get just as much for it east as west.
In your letter you do not speak of the kind of security and the percent
is less than I ask which will be 12 percent.
I have no one in H to transact the business. If you can satisfy in these matters and tell
me someone to whom I can depend on to do the business, I could let you have
$500 for a year and perhaps for five years if the interest is properly met,
payable in NY City, No. 6 Wall St., without cost to me You
must know I have never made anything in my investments in ___ and not only that,
I have lost much.
I trust H is holding its own.
Yours,
J. W. Hutchinson[1]
[1] John W. Hutchison was one of the Hutchinson
Family Singers
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