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Jefferson Davis, Braxton Bragg,
President. Agent.
Office of Carolina Life Insurance Company
Of
Memphis, Tenn.,
No. 58 Camp Street.
New Orleans, 20th June, 1870
My dear General,
Nothing has yet resulted from my correspondence with Col. Brown, and I infer he
is casting about for the basis of his financial arrangements. Since my last to him, I have
had some correspondence with parties North who are in the habit of contracting largely
for machinery and pipes, taking stock or bond in part payment, and requiring only a
portion in cash. They have capital and can afford to do this thing, to secure a market. On
examination of [portion of page missing] and your source of water supply, there can be
no doubt that expensive [measures?] may be dispensed which, and further, and more
importantly, all the work [missing] be done by the fire dept. may [missing] for by the
water [missing] and done better and cheaper. This would be a source of large income,
and well used, on the insurance companies and authority, might be made to support the
works.
I expect soon to hear from parties north on this subject, and will write again. In
the mean time let me know how our friend progresses.
So far I am doing very little in my present business. Indeed I have no means to
expend in building it up, and [missing] but little can be done where competition is so
great without spending money.
We continue very healthy here in the city, except among the negroes, who die
while with small pox. But [missing] no longer useful, [missing] moralized by city life
[missing] probably nothing better could happen.
Mrs. Bragg joins me in kind regards to Mrs. A. and yourself and the children.
[Braxton Bragg Signature missing]
Transcribed by Christopher A. Baker, University of Florida, 2008.
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