280 CONGRESSIONAL PROCEEDINGS. 



every hundred dollars of stock ; the interest accruing from the 1st of July 

 to the date of transfer to be allowed by the purchaser. 



I have the honor to be, sir, yours, very respectfully, 



John Brockenbrouqh. 

 Hon. Levi Woodbury. 



D 11. 



New York, Aujust 8, 1838. 



Dear Sir : We noticed your request for the proposal of sale of State 

 stocks, bearing 5 per cent, interest. We renew our offer to sell $105,000 of 

 Louisiana State bonds, interest payable semi-annually, 1st January and 

 July, at the Mechanics' Bank, New York. These bonds are in London. 

 We will sell them at $98 for $100, you to allow the interest that may accrue 

 on the day of delivery. They will be received here in 60 days. 



We wish to be favored with an answer, that we may write to London by 

 the steamer Great Western. You have been furnished by us with the law, 

 &c., &c. 



Very respectfully, S. »& M. Allen. 



Hon. Levi Woodbury, Secretai-y of the Treasury. 



D 12. 



Second Auditor's Office, Richmond, August 9, 1838. 

 Sir : The attention of the board of public works of Virginia having^ 

 been attracted to your notice respecting the investment of the money re- 

 ceived for the Smithsonian legacy, inserted in to-day's papers of this city^ 

 I have been instructed to make the following proposals in their behalf: 



1. Thev will give five per cent, stock of the Commonwealth of Virginia, 

 at par, for the whole'amount of the legacy, provided it does not much exceed 

 half a million of dollars; or, 



2. They will give for part of said legacy, two hundred and fifty thousand 

 dollars ($250,000) of six per cent, stock, at the rate of one hundred dollars 

 in stock for one hundred and five dollars in money. 



The interest on the stock will be paid semi-annually at the treasury of 

 the Commonwealth. It is irredeemable for twenty years, and redeemable 

 afterwards at the pleasure of the General Assembly ; and the pledges and 

 securities for the payment of the interest, and the ultimate redemption of 

 the principal, are of the most ample character. 



Should you desire more specific information, it will be promptly fur- 

 nished. 



I have the honor to be, sir, your obedient servant, 



J. Brown, Jr., Seco7id Auditor. 



Hon, Levi Woodbury, Secretary of the Treasury. 



D 13. 



Portsmouth, Va., August 9, 1838. 

 Sir : I have at my disposal seventy-three thousand dollars of five per 

 cent. Virginia State stock, irredeemable for twenty years from the 18th 

 June, 1838, and afterwards to be redeemed at the pleasure of the General 

 Assembly of Virginia. The interest payable at the treasury of the State, 

 on the 1st January and July in each year. I offer it (or any portion of it) 

 to you at par. An early answer is desired. 



Respectfully, &c., Wm. H. Wilson. 



Hon. Levi Woodbury, Secretary of the Treasury. 



D 14. 

 Farmers' Bank of Virginia, Richmond, August 9, 1838. 

 Sir : I observe by your public notice that you are prepared to receive 



