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You will readily perceive, my dear sir, from whathas been said, that I place no confidence whatever,in the power of any company, incorporated on thebasis of private credit, to rescue us from the criminalact of permitting the British to sever from the bodyof our commerce what may be truly called its rightarm. I conceive that the stream of our western trade can only be forced into the Hudson by themighty power of our legislature. It is, therefore,my clear opinion, that it will be the true policy ofour company to lay the axe to the root of the evil,by going to the legislature with a frank and manlymemorial, representing the immense value of ourwestern trade—the measures which the British ap-pear to be contemplating to monopolize it—the highimportance of defeating those measures—the utterimpracticability of effecting this great object, by theefforts of any incorporated companies, relying on thefunds and credit of individuals—and praying thelegislature to put in requisition its vast resources,and by exerting them, to save the state from the dis-honour and the mischiefs it will incur, by sitting with folded arms, and seeing the dismemberment ofits commerce. I have it in purpose immediately to begin draw-ing a memorial to the legislature, corresponding withthe sentiments herein expressed, and to put it intogeneral circulation for signatures. With the most unfeigned regard,I am, my dear sir,Your humble servant, ROBERT TROUP.To THOMAS EDDY. P.S. I have read this letter to a number of respect-able gentlemen in this village, as well merchants asothers, and they highly approve of its sentiments.R. T.