Letter from Alfred J. T. Taylor to Vilhjalmur Stefansson, 14 October 1922

Author Taylor, Alfred James Towle

Date14 October, 1922

ms numberStefansson Mss-98, Box 9, Folder 9

abstract

Persistent Identifier
^ Stef. Arctic Ex. ^ ^ NoAns ^ Dear Stefansson,
I should have written to you before, but have been travelling fast and work very hard since I left Detroit. I spent a day in Toronto, and had a long talk with Mr. Cameron of the Canadian Bank of Commerce, who was glad to see me and very glad to hear recent news about you.
Cameron told me that in his opinion it was out of the question to attempt to raise money for the Alaska reindeer industry through any Canadian bank, or through financial interests in Eastern Canada. He said that the mere fact that the project is American would prove a serious handicap, and the further fact that the money required is a relatively small amount would make the loan uninteresting to any Canadian Bank. He was sanguine about the prospects of the industry, and sorry not to be able to help you and your friends.
On my return West I have discussed the matter on Mr. Loman's behalf with several wealthy and progressive Western Canadians. I meet with the same response from each of them, and it is not encouraging, but I do feel that Mr. Loman would have success and without very much trouble in either Spokane or Seattle, and if he does not make progress in New York, I think the best thing he can do is to come out to the Pacific Coast. Naturally I will do anything I can to help him, but I feel from my experience during the past year that Canada is not the place in which to get the money for his industry.
Attached find clipping from the "Province" of October 2nd. This is one that will probably not reach you through the ordinary clipping bureau.

V. Stefansson, Esq. -2- Oct.14/22.

I cannot tell you how thoroughly I enjoyed my stay with you in New York, and how very much I appreciated your kindnesses to me and the privilege of meeting so many of your interesting and distinguished friends.
Nothing fresh has developed in the Times matter, and if anything comes of this, I will see that your introduction does not go unrewarded.
Do you know that, after spending a week with you, business seems to me to be such a petty thing, but it is not given to us all to do the work that you are so ably carrying on.
I hope that before long you will be in touch with Brown, and enjoy your meeting with him.
With my very best to your good self, Noyes and Loman, I remain,
Yours sincerely, ^ AJ Taylor ^

AJTT : W Enc.

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