1859 California ALS Feather River Butte Co. Investment % Virginia Texas Stock

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[California] 1859 ALS (Autograph Letter Signed). J. B. Warden. Feather River Butte Co., Cal’a (California). To: Mr. Patterson (Esquire). 9-5/8 inches. 2 pages. 1-1/4 x ¾ inch tear to the lower right corner. Very good condition.

Holograph letter:

Chat about Patterson selling the old home place. Investment and travel advice. In Part: “ …of one thing I feel assured that a person before setting out must determine upon the kind of business, & the State to which they tend, because traveling about only dissatisfies & tends the more to unsettle one. Men can make money work for them in Virginia Money (missing word) / brings 6 pr @ per year. Whilst here in California where I live it brings readly 2 & one half per cent per month & that well secured upon real estate & often, yes often 3 per cent is paid per month, now sit down & make a calculation, take 10,000 dollars at 2-1/2 pr cent & see whether that will not soon grow you rich. Now this is the way that numbers of men here accumulate & I trust it my duty to inform you. Then too suppose again you take $12,000 go to Texas (the finest stock country I ever saw) lay it out there in sheep, mules & cattle, & in a few years they will grow you rich. Men are swarming there & the gains can but be great, so now let me hear from you & if you see proper I will join you in the business. Leland of the Metropolitan hotel in New York sold out, went to Texas & are now largely in the stock business, also Wilkins Kendall. You see there is no risk because the increase of the stock secures you. Now if you’ve not yet settled let me hear. My love to Sis Scota & children, & believe me, ever yours, (SIGNED) J. B. Warden

Historic Note:

Staunton Spectator, Volume 38, Number 14, 2 April 1861: DIED. In Butte County, California, on the 8th of Feb., Dr. J. B. Warden, formerly of Staunton, leaving a devoted wife and an infant daughter. This bereavement has fallen with overwhelming force upon the family and friends of the deceased in our midst; not long since, a mother, almost idolized and revered, was called from earth to heaven, and before even the consolation of religion could cheer or soothe, another link is now suddenly snapped. The deceased was a young man of many high and generous qualities. Among his most distinguishing characteristics was his over mastering love for his widowed mother. Her death seemed to be the providential stroke, necessary to change the current of his thoughts and affections. For weeks before his death, whilst in health, his mind was much exercised on the subject of religion; and though his death was so sudden he was enabled to send endearing and hopeful Messages of re-union to far off relations, and then peacefully and resignedly to close his eyes on the dear ones of this earth, to wake up, as we trust, to the delights of a Heavenly home. "He which raised the Lord Jesus shall raise up us also by Jesus, and shall present us with you.”

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