William Knox to Henry Knox Discussing Financial and Business Plans, 8 July 1779 PDF Download
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Author: William Knox
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Languages : en
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Makes financial plans before embarking for Holland on a business venture. Encloses an inventory of the stock on hand, which amounts nearly to as much sterling as it did upon my taking it after returning from the Army ... Informs Knox he has only one outstanding debt, and William cannot locate the person with the account (William was in charge of much of Knox's business while Knox served in the military). Declares, ... we are nearly six hundred pounds... richer than we were when I left the army, which I think it doing tolerably well considering the Capitol we had to begin with ... Intends to send Knox a list of furniture that arrived for him from Marlborough, [Massachusetts]. Reports that his voyage has been delayed until the end of the Penobscot Expedition. Has heard, from Samuel Adams, of a ship leaving immediately for Europe bearing dispatches of Revolutionary affairs in Charleston, South Carolina. Thanks Knox for letters of introduction Knox procured for his brother's trip to Europe, including letters from Baron von Steuben. Reports on British movements in the east, including their establishment of little Indian Houses with all kinds of trinkets, as a temptation for the Indians to join them for twenty miles from Penobscot.
Author: William Knox
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Languages : en
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Makes financial plans before embarking for Holland on a business venture. Encloses an inventory of the stock on hand, which amounts nearly to as much sterling as it did upon my taking it after returning from the Army ... Informs Knox he has only one outstanding debt, and William cannot locate the person with the account (William was in charge of much of Knox's business while Knox served in the military). Declares, ... we are nearly six hundred pounds... richer than we were when I left the army, which I think it doing tolerably well considering the Capitol we had to begin with ... Intends to send Knox a list of furniture that arrived for him from Marlborough, [Massachusetts]. Reports that his voyage has been delayed until the end of the Penobscot Expedition. Has heard, from Samuel Adams, of a ship leaving immediately for Europe bearing dispatches of Revolutionary affairs in Charleston, South Carolina. Thanks Knox for letters of introduction Knox procured for his brother's trip to Europe, including letters from Baron von Steuben. Reports on British movements in the east, including their establishment of little Indian Houses with all kinds of trinkets, as a temptation for the Indians to join them for twenty miles from Penobscot.
Author: Henry Knox
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Languages : en
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Explains why he has not written recently, citing a very bad arrangement between me & the post Master. Expresses relief that he and William agree regarding an unspecified matter and a Mr. Hichborne (most sources say Hichborn). Refers to the hoorid fate of the General Arnold. Notes humanity recoils at the Idea of the distress which the poor families must sustain by the loss of their husbands, fathers, or brothers in that tremendous catastrophe (the General Arnold, a ship, crashed on a sandbar outside of Plymouth, Massachusetts in December 1778). Knox had some investment in the ship, noting his relief that savings from the wreck will pay all expenses. Discusses British ships and the high price of goods in Philadelphia. Instructs William to pay Mr. French a sum owed by Knox. Comments on Betsey and Sally Winslow, who are staying in Pluckemin. Remarks, You will see in the papers some... charges against Genl [Benedict] Arnold by the State of Pennsylvania- I shall be exceedingly mistaken if one of them can be proven- he has returned to Philadelphia and will I hope be able to vindicate himself from the aspersion of his enemies.
Author: William Knox
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Languages : en
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Author: Henry Knox
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Has just returned from Philadelphia. Reports that the Winslows have arrived at Pluckemin. Borrowed five hundred dollars from Mr. French, commissary, who is traveling to Boston. Instructs William to arrange for the repayment of French (William handled business matters of Henry's). Sends love from his wife, Lucy, and remarks that her things have not yet arrived.
Author: Henry Knox
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Discusses business ventures and the depreciation of currency. Mentions the General Arnold, a ship in which Knox was apparently invested. Refers to a certain gentleman, whose name is not mentioned. States, ...I have the most unequivocal evidences every day that he esteems me- most certainly I love & esteem him for his disinterested virtues. Mentions his wife and two daughters, Lucy and Julia. Asks William to procure and send green tea and sugar.
Author: Henry Knox
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Agrees with William that commerce is a profitable venture. Quotes Shakespeare: There is a tide in the affairs of men, which, taken [at] the flood lead[s] on to Fortune... Discusses William's previous proposal, which apparently involves buying goods on credit from a merchant who might travel to America. Contemplates the uncertainty of the venture and the difficulty in obtaining credit, associates, and bills. Remarks that Spain will accede to our Independence, and will give credit to American currency. Instructs William to consider all circumstances and to decide whether a European or West Indian trade would be more profitable. Prefers Holland and West Indian trade to British trade. Mentions his wife Lucy. Inquires as to the outcome of a petition affecting to his estate. Instructs William to give John Jackson flour, Indian corn, or grain. Refers to a dinner William has planned with General [Horatio] Gates.
Author: Henry Knox
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Mentions his plans to travel to Philadelphia and New York and discusses financial business.
Author: Henry Knox
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Mentions the loss of a vessel and the General Arnold, a ship. Discusses his distaste for making anything out of the public, or making a profit from public service. Notes that he will consider unspecified proposals previously mentioned by William. Mentions his wife and daughter, both named Lucy.
Author: William Knox
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Response to 4 September 1781 letter (GLC02437.01165). Discusses their financial situation, which undoubtedly are in such a train as to require the strictest attention to Oeconomy. William has sold some goods to prepare for his business trip to Europe. Comments that It would have been particularly agreeable if you could have received part of what the public are indebted to you. Mentions that the allocation of the cash from the loan John Laurens obtained from France has not been negotiated yet. Discusses the arrival of a shipment of tea, the arrival of the Amsterdam, and one of Knox's accounts. Suggests a potential real estate deal. Comments on the importance of letters of introduction or support from well known people. Hopes there is peace by spring; it will be good for business. Mentions health problems. The Continental Army was then preparing for the siege of Yorktown.
Author: William Knox
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Discusses plans for traveling to Europe, ships to take, and his effort to raise money. Also discusses what is happening at the port in Boston, mentioning specific ships, captains, armaments, and visitors. Mentions merchant activities, following up on his previous letter (GLC02437.01186), and announces that the sale of cargo on the Amsterdam has made Henry a profit. Comments on the large amount of public money owed to Henry. Discusses European business accounts. Speculates on the consequences of peace with Britain. Relates story of British Admiral Clyde Parker's battle with the Dutch off Dogger Bank, which occurred in August of 1781. Comments on Dutch support and recognition of American Independence. Connecticut Governor Jonathan Trumbull reported the British return to New York after a severe naval loss to the Compte de Grasse.
