H. Leavenworth to MVB, 2 March 1834
On[bo]ard S. Boat Kentuckian
Louisville & Portland Canal
March 2d. 1834.
I have taken pains to ascertain the true state of our country in relation to its currency, and public opinion. The result I will state to you fully & freely, believing that you Know me well enough to Place precisely what confidence in my statements they may deserve. I must be brief.
There is I assure you but one opinion generally speaking in the South or West as to the necessity of a national Bank of some sort, and ”right or wrong" [. . .]<illegible> a Bank they will have. [Un]less something can be done to restore confidence and set money in circulation it is my opinion that a material change will take place & Henry Clay stand a better chance for the Presidency than any other man. I have heard that a proposition was expected to be made by the U s Bank to take a charter for four years, any other Bank to be chartered in the mean time. If you can consistently favor this plan & thereby relieve the pressure your success is certain I wish for both most sincerely.
With entire respect
yr ob. Sert