James Webber To Henry Knox On The Closing Of An Account With Mr Ogden 2 November 1791 PDF Download

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.