Ogden, Henry, New York, New York, to William Seton 3., New York, New York, 1855 January 9

On hearing of his loss Henry wrote him immediately. He hopes he received the letter. Mr. R. Ray told him today how things stood since William's wife's death and asked him to write William. Ray had just written to him to go by the steamer tomorrow. William should get a lawyer to start his case and make such arrangements for him during his absence as will relieve him from the dilemma. The lawyer could offer some plan for his present provision, since he should not bring his family home during the winter. He could return by mid-April, or at least embark then, to reach New York about May 1,. In appointing trustees for his family's security he would need double the amount of the estate. The court might insist on as much as $300,000 security. It "is a great obstacle to procure parties for so large a sum". All can be arranged when he returns, but his "presence will be necessary". The distressing times have caused not only individuals, but banks and firms to fail, stop payments, pass their dividends. Money is scarce and though he has marked down his paper it is still hard to get rid of it. Unemployment is great and the distress is worse than in 1836-7. Times have improved the past week and business will be better. There has been no wholesale business for three months and retail business have failed. The last interest due Sandusky and Mourfull on his bonds remains unpaid. They have made a statement. His wife is improving and beginning to walk. He does not expect her downstairs before March. Her bodily health is excellent. Emma has had an empty house this summer. It is now full except for one room. Old Mrs. Depeen, aged 82, is dead. Seton's sister came to see Mary and looked well. Ogden has not heard from Dr. Shrob for some time. The steamer is due tomorrow and they hope some pieces of quartz have become valuable. His mind is represented as sick. Ogden still hopes it will turn out well. He sends regards to Seton's daughters and children and in this he is joined by Mary. :: II-1-a A.L.S. 4pp. 12mo.