Note 37 — SOME THOUGHTS UPON THE EAST INDIA COMPANY'S SENDING OUT TEAS TO AMERICA.

Hugh and Alexander Wallace, brothers, were merchants, of New York, and partners in business. Hugh was a member of the Council, and second President of the Chamber of Commerce. He was arrested as a loyalist, and confined to the limits of Middletown, Conn., and his estate was confiscated. At the peace he went to England, and died at Waterford, Ireland, in 1788.

Alexander, his brother, also a loyalist, whose property was confiscated, had originally been a member of the committee of correspondence, and undoubtedly sympathized with the Whigs, but like many others, ultimately fell off from the great body of his countrymen, and clung to the royal cause. In August, 1776, he was arrested and confined at Fishkill. At the peace he went to England, with his brother, and died at Waterford, Ireland, in the year 1800.