W0128 TO DR. CALVIN MCQUESTEN from T. W. Gillis
Feb 11 1837
To: Dr. Calvin McQuesten, [Brockport, New York]
From: Nashua, New Hampshire,
Doct. C. McQuesten
I write to say to you that I am very much in want of money. I am in debt and money is hard to be got. I have property to pay my debts & leave me from twenty to twenty five thousand dollars. But to be obliged to sell my property now I shall lose all. I have about $20,000 I intend to sell very soon and if I can get from 5000$ to 10,000 on a pledge of my factory stock (which is good stock) & is paying well now notwithstanding the high price of cotton, it would relieve me and enable me to turn my property to a better advantage.
Money is worth here from 10 to 15 per ct. & it is very difficult for a man that is in debt to obtain money when there is such a demand. I am doing all I can to keep along and not make a failure and lose all and embarrass my endorsers. I can't endure the thought. I am very [?] with business taking care of Factory at Milford and my own at Nashua, am getting a salary of $2500 for all my services.
Now if you can assist me and take my Factory stock or good names. I shall feel under very great obligation to you. Will you please give me an early answer. My family are all well. Mrs. Gillis is now at Bedford on a visit.1
T. W. Gillis
1 This is one of the many begging letters that Dr. Calvin received as his business prospects improved in the late 1830's and onward. (See also: W0175, W0171, W1026, W0499).