Page: [1]
Pontotoc
Novr [November] 21st 1838
Mr John Fontaine
Dear Sir
After So long a silence I conclude it is my duty to write to you, notwithstanding nothing has been done withe [with] the business in hand
This, I can [unclear text: assure ] you, is from no want of Exertion on my part, but owing Entirely to the circumstances of the times -- There being no demand as yet, for Land in the Chickasaw Nation
Very few Settlers are coming in, and for those, there is yet a Sufficiency of vacant land, which they can obtain by paying a woodsman from $10 to $20 per quarter, and [unclear text: Enter ] at 50 [unclear text: ct [cents] ] per acre at this time, a [unclear text: reduction ] not taking place until January next
I hear of no Sales of land whatever Except by Entry, and I much fear it will be many years Ere ready Sales can be effected.
The [unclear text: patents ] have arrived, but will not be ready for distribution for two or three months yet --
Our Town is slowly improving, though not in a business way, as there is not on hand a tolerable assortment of goods, and no preparation making for a supply by any of our merchants, that I know of, What goods there are [added text: here are ] sold at from 1 to 200 pct on New York costs -- And those
Page: [2]
too purchased with Mississippi money and Mississippi credit --
I mention this for the purpose of shewing [showing] you the the [the] opening there is at this time, at this and other places in the Chickasaw Nation, Should you again feel induced to Embark in this kind of Speculation- A large amt [amount] of goods could be sold for cash at handsome profits -- A cash business, I believe, would succeed best under Existing circumstances -- I feel confident with the management of a small capital, I could in a few years realize a handsome fortune
Some of our Banks intend resuming Specie payments in
January, To wit The Agricultural, the Commercial Banks at Vicksburg, Columbus, Manchester, and [illegible text], Tombegbee Rail Road & Banking Company, Pontotoc & Aberdeen Rail Road & Banking Compy [Company] and Union Bank, also Lake Washington & Deer Creek Bank. The notes of all other Banks in this State, being [unclear text: pcs ] below par
I have lately traveled [travelled] a good deal in the wood, and find there is much more [added text: good ] vacant land than I Expected
We are all well
Very Respectfully Your Obt Svt [Obedient Servant]
[Signed] Chas [Charles] D Fontaine
Page: [3]
[ Note: A postmark appears on the upper left of the page.; PONTOTOC Mis.
Nov 20 [November] ]
25
Mr. John Fontaine. Columbus. Georgia.
mail}
Chas. [Charles] D Fontaine
20 Nov. [November] 1838
Pontotoc Mis
1838