University of Virginia Library

8091. SPECULATION, Stocks.—

I wish
to God you had some person who could dispose
of your paper at a judicious moment
for you, and invest it in good lands. I

would do anything my duty [as Secretary of
State] would permit, but were I to advise
your agent (who is himself a stock dealer)
to sell out yours at this or that moment, it
would be used as a signal to guide speculations.—
To William Short. Washington ed. iii, 343. Ford ed., v, 459.
(Pa., March. 1792)

See Capital.