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| Field name | Value |
|---|---|
| Collection Reference Number | GLC02437.05109 |
| From Archive Folder | The Henry Knox Papers [0101] July-August 1791 |
| Title | Samuel Breck to Henry Knox on business and financial matters including his decision not to buy shares in a bank |
| Date | 7 August 1791 |
| Author | Breck, Samuel (1747-1809) |
| Recipient | Knox, Henry |
| Document Type | Correspondence; Business and financial document |
| Content Description | Says he was determined to pursue "the Object relative to the Direction of the Bank which you was so obliging as to advice when I saw you in Philadelphia," but that he has since "abandoned the project & Sold out." Was concerned that if he had a large holding in the bank he would have "to attend its operation," and if he had a small stake he would not accrue "Honor or Proffit." Despite his pull out he claims "I rejoice however at the rising Credit of our Country and expect very soon to see it on a footing, superior to any other whatever." Says that Alexander Hamilton will be gratified with the situation of America and asks Knox to send his "respectful Compliments." Hopes Knox will explain to Hamilton why he pulled out of the bank. Claims "The success of General [Charles] Scott against the Indians cou'd not fail of producing the best Effect, indeed every thing seems to conspire to render our Country perfectly happy." Believes the people in this part of the country are happy with the general government. When he visits Boston again "you will see every thing wearing a new Face & Jackson the Nabob of the East!" |
| Subjects | American Indian History Northwest Indian War Revolutionary War General Banking Bank of the US Finance Economics Government and Civics Military History Northwest Territory Frontiers and Exploration Westward Expansion |
| Place written | Boston, Massachusetts |
| Theme | Banking & Economics; Native Americans; Government & Politics; Westward Expansion |
| Sub-collection | The Henry Knox Papers |
| Copyright | The Gilder Lehrman Institute of American History |
| Module | Settlement, Commerce, Revolution and Reform: 1493-1859 |