824. GEORGE PEABODY (1795 - 1869) American merchant and philanthropist, used his credit to support American credit abroad after the Panic of 1837, founder of the Peabody Institute and Peabody Museum. Fine content A.L.S., 14pp. 4to., London, Apr. 26, 1828 to his business partner Elisha Riggs in New York, in small part: "ÖYour representations of the state of the markets were far worse than I anticipatedÖso large a quantity of goods arriving at the same timeÖ". He continues to analyze the market in great detail, discusses sales prospects for all types of items: plaids, pantaloons, fabrics, suspenders, umbrellas, "scotch ginghams", and so on, closing his letter with a discussion of financing his purchases. Dampstain affects left side of letter but all remains easily legible and overall very good. $400 - 500