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Field name | Value |
---|---|
Collection Reference Number | GLC02437.03635 |
From Archive Folder | The Henry Knox Papers [0081] July-September 1787 |
Title | Henry Knox to Henry Jackson on the loss of their daughter and gives investment instructions [incomplete] |
Date | 16 August 1787 |
Author | Knox, Henry (1750-1806) |
Recipient | Jackson, Henry |
Document Type | Correspondence; Business and financial document |
Content Description | Knox writes that he and Lucy have lost their youngest daughter. Lucy's health is hurt by her grief but she is now better. Says he has been informed that Jackson has ignored Knox's warning and has not attended to his accounting with the "rigidness" that is required; therefore, he cannot say whether Jackson will receive any relief from Massachusetts. But he believes something will be granted by the Board of Treasury. Instructs Jackson to sell all of Knox's Massachusetts securities and invest in land speculation in New York. Does not believe there will be any significant rise in the value of his securities and therefore chooses to sell. States he would not have sold at present if it were not for the rare opportunity of purchasing the land and Knox's current ability of obtaining the needed cash. Believes his will double his profits within seven years. |
Subjects | Revolutionary War General Children and Family Death Health and Medical Finance Government and Civics Soldier's Pay Military History Land Transaction Banking Economics |
People | Jackson, Henry (1747-1809) Knox, Henry (1750-1806) |
Place written | New York, New York |
Theme | Women in American History; Children & Family; Health & Medicine; Banking & Economics; Merchants & Commerce |
Sub-collection | The Henry Knox Papers |
Copyright | The Gilder Lehrman Institute of American History |
Module | Settlement, Commerce, Revolution and Reform: 1493-1859 |