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Updated: May 11, 2025
Trescott, but, owin' to ouah association in the additions we have platted, cyah'y me down also! You can see that with sev'al hundred thousand dolla's of deferred payments on what we have sold, most of which have been rediscounted in the East by the G. B. T., Mr. Trescott's condition becomes something of serious conce'n fo' you-all, as well as fo' me.
But to date more than half of these rediscounted bills have been paid. It may be of financial interest to narrate how payments could be accomplished when by the King's orders there could not be any "dealings with the enemy" and payment to either side was forbidden by both. Yet the Dresdner Bank and other big German and Austrian banks have to date met fully one half their London obligations.
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