William Knox to Henry Knox about Ogden's Debts to Webber and Merchant News, 5 July 1790 PDF Download
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Author: William Knox
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Reports on a recent visit he made to [Samuel] Ogden. Attempted to persuade Ogden to pay a debt he owed [James] Webber, a London merchant, but Ogden has to wait for money that is owed to him before he can pay the debt. Relates that he delivered several letters to different individuals, and discusses the prospect of exporting flax seed to Ireland. Informs Knox that two ships from India have arrived in Philadelphia since he has been there, and they both have full cargoes. Says that [Thomas] Mifflin has taken him to dine with the Society of the Cincinnati. Writes, Bells ringing and Grays gardens preparing for an exhibition of something more than common - all the Phila world to be there - No doubts existing here with respect to holding the next session of Congress in the State House of this City. Signature has been clipped, resulting in additional text loss.
Author: William Knox
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Reports on a recent visit he made to [Samuel] Ogden. Attempted to persuade Ogden to pay a debt he owed [James] Webber, a London merchant, but Ogden has to wait for money that is owed to him before he can pay the debt. Relates that he delivered several letters to different individuals, and discusses the prospect of exporting flax seed to Ireland. Informs Knox that two ships from India have arrived in Philadelphia since he has been there, and they both have full cargoes. Says that [Thomas] Mifflin has taken him to dine with the Society of the Cincinnati. Writes, Bells ringing and Grays gardens preparing for an exhibition of something more than common - all the Phila world to be there - No doubts existing here with respect to holding the next session of Congress in the State House of this City. Signature has been clipped, resulting in additional text loss.
Author: Samuel Ogden
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Informs Knox that a mutual acquaintance, David Ford, will be travelling to New York to see him and discuss his prospects of discharging Mr. [possible James] Webber's money. Reports that it will be in his powers soon to give you upwards of five hundred Pounds. Looks forward to the removal of Congress, because this suggests the Knox family will be able to see the Ogdens soon. Written at Delaware Works, located in what is now Morrisville, Pennsylvania, near Trenton, New Jersey.
Author: Henry Knox
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Tells Webber that William Knox will inform him of his debt in [Samuel] Ogden's hands. Says he has confidence in the goodness of the debt.
Author: Henry Knox
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Apparently, Knox is trying to collect money owed to Webber for the sale of goods Webber consigned with various Americans. Discusses financial matters. Knox's brother, William, thinks Webber may have some of his money (Webber looked after William while he was in England, suffering from a bout of mental illness). Reports on other debts owed to him, relating that he even visited [Samuel?] Ogden to obtain payments due, though Ogden is financially unstable because he used paper money. Comments on the adoption of a new Constitution for the United States which utterly excludes paper money and all such delusions.
Author: James Webber
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Has not received a letter from Knox since 7 August 1793. Says I must once more intreat your exertions to close the Acco[unt]t with Mr. Ogden, who has so very long protracted payment, and now can have no excuse whatever. Asks that Knox's powerful abilities be used on his behalf. Sends his regards to William Knox and asks that he pay his bill of 30 dollars.
Author: Henry Knox
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Notes he has been silent because he could not speak with effect. Claims he has perfect confidence in [Samuel] Ogden's integrity and security, but his business arrangements have retarded his payments. Has been assured that Ogden will settle the matter by the end of the year. With his knowledge of Ogden's situation, he believes that plan is feasible. Hopes that Webber's mind will soon be put at ease. Says he will get his payment in full plus 7 percent interest. Mentions that he is enclosing a bill for [Dollar sign]1,000 or 225 for Ogden's debt to Webber.
Author: Henry Knox
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Assumes that Ogden has returned from Philadelphia, where he and his wife Euphemia wished his brother Gouverneur a safe trip to Europe. Reports that his three youngest children have passed through the measles, and that two of his other children (Henry Jackson and Lucy) have a fever. Asks if Ogden, who operates the Delaware Works, has sent Samuel Shaw's iron to Boston. Asks how he should reply to a letter from James Webber, a London merchant, who wishes to collect a debt owed to him by Ogden. In a post script, comments on the sale of Colonel [Alexander] Hamilton's St. Lawrence lands at a low price to [Alexander] Macomb. Adds that he declined the same offer for his lands. Asks if Gouverneur might be able to sell the land for a better price while he is in England.
Author: James Webber
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Writes that William is exceedingly well, but I think his spirits are at times too much elevated, however when he gets settled in Ireland, I much hope he will go on in a regular way, and be in a happy situation. Says he could not accept William's draft of 190. Requests Knox settle his debt with Mr. [Samuel?] Ogden soon, or Webber will have to send someone to America to intervene. Knox remains indebted to Webber and therefore Webber cannot transfer credit from William's account to Henry's.
Author: William Knox
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Reports on business in New York during Henry's absence. Forwards letters that arrived in the morning by packet. Two are to Lucy Knox from her sister. Another letter, apparently a duplicate of previous correspondence, is addressed to Knox from Samuel Shaw. In this letter, Shaw seems offended with R[obert] Morris... Also received correspondence from his friend James Webber asserting that William owes Webber money. Sent Arthur St. Clair, General Josiah Harmar, and others recent resolves of Congress. Encloses letters from Delaware Works (possibly from Samuel Ogden) for Knox. Reports that commissioners have gone to Albany to negotiate a treaty with the Indians, writing ...it is now Currently said in Town & believed there will be none- as the Indians have adopted the Idea of going to the Ohio treaty.
Author: James Webber
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Expresses his happiness on hearing about Mr. [Samuel] Ogden bringing Broome & Platt matters to a speedy issue... Writes that [i]t gives me very great pleasure in hearing that Mr. W. Knox is so well in health and spirits, and that he is satisfied in being out of Trade; as I am very sure his present situation is far preferable to an uncertain profit in the awkward state Mercantile affairs are at this period, as goods, are selling (many sorts) at New York, Boston and other parts of America for ready Money full as [Con], as Merchants can be serv'd, who take the full Credit of 12 or 14 months, consequently whoever Trades with a [for all] Capital, and on Credit, is laboring to a very great disadvantage. I much hope things will in time take a favorable turn, but America must act prudently, or it will never be truly independent, being harras'd from time to time by her English Creditors, which is yet compleatest bondage a people can experience. Also discusses how Europe is unsettled and the Dutch are fighting amongst themselves.
