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Collection Reference Number GLC02437.03628
From Archive Folder The Henry Knox Papers [0081] July-September 1787 
Title James Webber to Henry Knox about Ogden's merchant activities and the vicissitudes or commerce and world politics
Date 31 July 1787
Author Webber, James (fl. 1783-1797)  
Recipient Knox, Henry  
Document Type Correspondence
Content Description 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.
Subjects Finance  Merchants and Trade  Commerce  Global History and Civics  Debt  Children and Family  Health and Medical  Medal of Honor  Freedom and Independence  
People Knox, Henry (1750-1806)  Webber, James (fl. 1783-1797)  Ogden, Samuel (1746-1810)  
Place written London, England
Theme Creating a New Government; Merchants & Commerce; Foreign Affairs; Government & Politics; Banking & Economics
Sub-collection The Henry Knox Papers
Copyright The Gilder Lehrman Institute of American History
Module Settlement, Commerce, Revolution and Reform: 1493-1859
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