Knox, Henry, 1750-1806 to Henry Jackson [incomplete]
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Gilder Lehrman Collection #: GLC02437.03635 Author/Creator: Knox, Henry, 1750-1806 Place Written: New York, New York Type: Autograph letter Date: 16 August 1787 Pagination: 4 p. : Height: 32.4 cm, Width: 20.2 cm Order a Copy
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.
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