Russell Sage - railroad tycoon- one of America's richest men, handwritten letter

Description

Russell Sage – American financier, railroad tycoon, Whig Congressman from Troy New York.  ALS 1860?, discussing some railroad business including reference to the Illinois Central and Belleville (Wisconsin) Branch. Sage was one of the richest Americans in the19th century, building an enormous fortune by financing other businesses, most notable railroads. He was closely connected to Jay Gould and his railroad investments.  His widow used his wealth to establish the Russel Sage Foundation, the Russell Sage College and heavily funded the Rensselaer Polytechnic Institute. Sage’s autograph material is not easily found and his handwritten letters are uncommon to scarce.
No collection related to the growth of railroads, the Transcontinental Railroad or 19
th
Century business giants is complete without Sage.
Troy [NY]  Jany 25
th
60
N. ____
My Dear Sir:
I wish you to visit Mr. Osborn again reminding him of his promise, and request that he will remit the balance due in the case.
I saw Mr B___ in NY last week and he reported that Mr. Griswold arrived in NY the night previous and informed him that the Road  was in good order except the ____ on the Bellville branch. And that the fueling along the lines was  ____ change towards the Co and that the Road earned last month ,000 which is very fair indeed compared with other Western Roads.
I met Stryker in Albany yesterday on his way to NY.  He told me that he had had a talk with W____ and that W. told him he would negotiate with the holders of the enclosed papers.  I told him we should be glad to hear what he has to say.
Truly Yours
Russell Sage.
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