Russian writer and political thinker (1812–1870) whose work holds an important place in the great Russian literary canon. Rare ALS in French, signed “Al. Herzen,” two pages on two adjoining sheets, 5 x 8, May 12, 1864. Lengthy letter to “Monsier Trubner” checking his investments, in full (translated): “I was told you have a friend who is very well versed in doing business with the United States. You will do me an infinite favor asking his advice on the following matter. All my capital is placed in American funds. The greatest part on six percent United States bonds issued in 1857, secondly, on Ohio Canal bonds, and the third is Virginia bonds. On the Virginia stock, I don’t expect anything and consider it lost. But I still have ‘United States.’ Can we count on this? I mean, will they pay the scheduled interest? Will there not be a repudiation? Could we try and get the advice of a professional council? I would have sold with pleasure these funds, if it could have been done, in New York and could have bought other properties. I would have gone myself to New York in August if necessary. All the information that you may be able to gather will truly oblige your devoted friend.” In fine condition, with intersecting folds and a uniform shade of mild toning. Born to a prominent Russian family, Herzen was a savvy investor and, despite his social beliefs, held bonds all over the world. Requesting advice from a financial professional—and concerned that the interest on some of his US bonds may not pay off, due to the chaos of the Civil War—this is an incredibly interesting letter, revealing a polite and conscientious businessman in the figure most commonly seen as a powerful instigator in Russia’s socialist revolution. RR Auction COA.
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