G-3 1829, Feb. 27 Letter to E. R. (c/o Curtis & Porter in Paris) from his brother George in New Haven, CT. George has had a dry goods store, but the competition in that business has eroded profits to the point that he is making two-thirds less profit than when he first came to the city. He is thinking of opening a grocery store which would benefit from traffic via the canal. George also has a store in Southington, and that one is doing as well as can be expected given the economic climate. George indicates that New Haven is a beautiful place to live, especially if a person has already "made a fortune," but no city in New England has suffered more misfortunes. Among them he cites the failure of the Eagle Bank, the loss of the West India trade, and the expense incurred with the building of the canal, which is expected to be completed in the summer.
Note
1829, February 27 - Letter to Edward Robinson from his brother George, discussing George's potential business plans.