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Nashville June 26th 1832Genl [General] Wm [William] Polk Raleigh Dear Sir
Yours of the 12th Inst [Instant] reached me this evening The absence of Robt [Robert] Woods , who is on a visit to the East, but expected home daily, prohibits me from giving you very minute information_ He has been actively engaged in investigating the affair of the Bank and will resume the labor as soon as he returns. and I am satisfied will not withhold his exertions untill [until] every thing is fairly probed. He possesses the capability, & being deeply interested he has the motive to pursue the subject. I wait for his conclusions, and have made up my mind to act accordingly. Whatever step I take, shall be for your interest as well as Henrys. The loss Mr Woods is already convinced, will be great. Including interest due on unaccommodated stock, not less he fears than $30 p.cent: [percent] what a wretched business!!
Present me, with great respect to Mrs Polk , and believe me
Ephraim H [Hubbard] Foster
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Genl Wm PolkRaleigh North Carolina