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Letter from Charles L. Knoedler to Henry Clay Frick, 26 April 1900
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LETTERHEAD M. KNOEDLER & CO. SUCCESSORS TO GOUPIL & CO., 355 FIFTH AVENUE, NEW YORK. CABLE ADDRESSES. KNOEDLER _ NEW YORK. KNOEDLER _ PARIS. PARIS OFFICE, 2 RUE GLUCK. /LETTERHEAD
N. Y. April 26/1900
My dear Mr. Frick.
Please pardon me a thousand times for the liberty I am taking in asking of you an exceptional favor in helping me out of a little trouble I have gotten into. You have been so good to me in fact to our firm in general, that I feel prompted that you will be of assistance to me in this trying moment. I had a very good tip from a friend to buy Steel & Wire & it went the wrong way, I have never speculated & never intended to but for this opportunity, I did & now I am out considerably more than I have in bank, so I come to you dear Mr. Frick as my saviour to ask you to advance me $1200. (twelve hundred dollars) it is asking a great deal of you I know but, I trust you will forgive me this time, as at Aix when you so kindly lent me
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two thousand francs, when I promised you faithfully not to venture at the game again & now here I am asking you to do me another favor. I am really ashamed of myself, but it cannot be helped the deed has been done, encouraged by another as a sure thing. I give you my word that hereafter no gambling OR ?? speculating will ever enter my mind no matter how sure things might be, as they never are! I am attending strictly to business this year as I have for the past four years & have made some very good sales among others one of $70000. (seventy thousand dollars) to Mr. Gates who had never bought from us before. I intend to make others before going to Europe in June. I promise to return to you your kind loan as soon as I possibly can. I expected to realize on my Kern Incandescent Gaslight Co. stock but there is nothing to be done as yet. I have 100 ?? & 200 com. on which I paid $1000. I bought it through Mr. Harry Keene the president of the Co. who told me I would not have to pay more on it, that he just wanted to see me make a bit of coin; dring the course next winter I will work hard to make a great many sales & reap in quite a harvest so as to return you all I owe you.
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