2 pp., on 4-page lettersheet folded to form an envelope, address and postmark on p.4. 10x8. Louis McLane (1786-1857), lawyer and politician, variously U.S. Representative from Delaware, U.S. Senator from Delaware, U.S. Secretary of the Treasury, U.S. Secretary of State, Minister Plenipotentiary to the United Kingdom, and President of the Baltimore and Ohio Railroad, writes to President of the Bank of the United States Nicholas Biddle, as head of the Morris Canal and Banking Company. "The directors of this company having learned that it may be the desire of the Bank of the United States to enter into some arrangements for disposing of their Branch in this city...have instructed me to apprise you of their wish either to purchase the branch or to undertake the agency upon terms which shall be mutually satisfactory..." Provenance: A private California collection.