Benjamin Walker To Henry Knox On The New York Financial Crisis And The Need To Conclude A Land Deal 24 April 1792 PDF Download

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Benjamin Walker to Henry Knox on the New York Financial Crisis and the Need to Conclude a Land Deal, 24 April 1792

Benjamin Walker to Henry Knox on the New York Financial Crisis and the Need to Conclude a Land Deal, 24 April 1792
Author: Benjamin Walker
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Total Pages: 0
Release: 1792
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Apologizes for not fully answering Knox's last letter, but has been preoccupied with the current business crisis in New York: has been trying to save himself from financial ruin. Relates a conversation with Mr. [Royal] Flint about raising the money needed by General [Henry] Jackson. Urges that they make final arrangements with Madame de Leval and Mr. de la Roche regarding their settlement of lands in Maine. Believes they may not be able to actually settle there until the following year. Finally discusses the poor financial prospects of Mr. [William] Duer, concluding that he does not think it likely he will be able to make a settlement with his creditors. Free stamped on address leaf with no signature.


Benjamin Walker to Henry Knox on the Raising of Money, 12 April 1792

Benjamin Walker to Henry Knox on the Raising of Money, 12 April 1792
Author: Benjamin Walker
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Release: 1792
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Writes that he was unable to see Mr. [Royal] Flint about business matters because he was preoccupied by Mr. [Alexander] Macomb. Believes the money General [Henry] Jackson requires has not yet been raised. Describes merchandise Macomb has recently procured. Free stamped on address leaf with no signature.


Henry Knox to Benjamin Walker about Madame de la Val and Land Purchases [incomplete], 8 April 1792

Henry Knox to Benjamin Walker about Madame de la Val and Land Purchases [incomplete], 8 April 1792
Author: Henry Knox
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Release: 1792
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Two parts. First part dated 8 April. Mentions an embarrased situation of Madme de la Val. The agreement with her might be certainly carried into full effect by some means or other. Mentions William Duer and himself having authorized a purchase of land. Attempts to clear up some misunderstanding concerning this land, since it was purchased for us, and not for any other person. Second part bears the same date as the first. States that he believes W Duer meant well...relatively to the eastern Land ... Mentions Henry Jackson and his sudden demand for money. Goes on to discuss more business with purchased land. Sewn binding. Watermarked T Budgen and with G R under a crest.


Henry Knox to Benjamin Walker about Their Land Dealings, 7 October 1792

Henry Knox to Benjamin Walker about Their Land Dealings, 7 October 1792
Author: Henry Knox
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Release: 1792
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Two parts. First part is addressed to Benjamin Walker and discusses a deed to land. Notes he received Walker's letter pertaining to the St. Lawrence lands. Mentions he has repeatedly asked Duer for copies of several notes but that Duer has been unable to locate them. Also discusses Madame de Leval's intention of applying to the Massachusetts Legislature regarding her land claim. Believes if that were to happen the contract will likely be lost. Second part is a copy of a receipt written in Knox's hand from William Duer. Confirms Duer's receipt of money from Knox.


Thomas Randall to Henry Knox on Impending Financial Crisis, 18 March 1792

Thomas Randall to Henry Knox on Impending Financial Crisis, 18 March 1792
Author: Thomas Randall
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Release: 1792
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Received Knox's recent letter and went to visit Colonel [Benjamin] Walker immediately. Walker had also received a letter from Knox, and concluded to pay his acceptances and draw on you at thirty days. Discusses how Mr. [William] Duer's financial distress is causing anxiety in New York City. His friends will come forward soon with ideas to help him; the individuals with the most to lose are Mr. [Alexander] Macomb and Mr. Walter Livingston, as they have loaned him the most. Writes that so far the situation has tended not only to greatly lower stocks (which perhaps is no real evil) but it has destroyed in a great measure private credit & confidence in all classes. Further discusses financial arrangements with Walker. Free stamped on address leaf with no signature.


Benjamin Walker to Henry Knox Regarding William Duer's Finances and Their Impact on Business, 5 April 1792

Benjamin Walker to Henry Knox Regarding William Duer's Finances and Their Impact on Business, 5 April 1792
Author: Benjamin Walker
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Release: 1792
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Delayed writing to Knox, in the hopes of being able to tell him news about Mr. [William] Duer or about Madame de Leval. However, he does not have news about either, yet. Writes that General [Henry] Jackson and Mr. [Royal] Flint had to raise Duer's share of the money to purchase lands through a contract they negotiated. Adds that Duer has pledged to repay his share. Asks Knox about possibly forming a company for the lands, especially if Duer is unable to participate any longer due to his finances. Free stamped on address leaf with no signature.


Benjamin Walker to Henry Knox Discussing Land Deals, 20 August 1791

Benjamin Walker to Henry Knox Discussing Land Deals, 20 August 1791
Author: Benjamin Walker
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Total Pages: 0
Release: 1791
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Discusses land deals involving Knox, William Duer, and Henry Jackson. States that some days since Royal Flint lodged with him, the terms of agreement for the purchase of Mount Desert were set at 6 pence per acre. 100 dollars is due when executing the agreement along with a quarter of the purchase price when the deeds are executed. The other three quarters will be due 8, 16, and 24 months later. Bonds will be given for the several payments with interest after one year of the execution of the deeds. Notes he will press Duer to send the first payment so the deeds can be executed. Reports that Jackson has acknowledged the [Dollar sign]5,760 he sent him for the other purchase. Wants to know if the deeds from that purchase are going to him or Knox. Suggests getting an agent to go to Europe soon as the market will quickly be glutted with land for sale. Docket notes that Knox answered this letter on 2 September.