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Discusses the positive outcome of a meeting with his creditors in Europe, specifically outlining how he was able to save his credit by selling his ship. Happily relates that his creditors are willing to lend to him again due to his honest character. Describes his financial plans, including obtaining merchandise (such as tea) to ship to India, America and Europe, and relates that he will be traveling with the merchandise being sent to Holland and England. Asks Knox to tell [Thomas] Randall to remain in New York until Shaw returns, if Randall is in New York at present. Relates that the government in Batavia has recently decided to allow Americans to trade there. Sends his love to Lucy Knox, and also includes a list of items he is sending to Knox, including dishes with Knox's initials carved on them.
Thanks Randall for the extension (see GLC02437.04882) he received. Writes, I have nothing of Mr. D's by which I could secure you... Notes he owed considerable sum of money from land.
Thanks Knox for his favor of the 16th [of January] and for his communications respecting Messieurs Pintards proposals. Informs Knox, due to the advanced season it would be impossible for him to deviate from the direct and speediest route to China and therefore he could not avail himself of their proposal. Discusses business affairs with associates. Encloses a letter (not included) from Samuel Newman, whom Shaw wishes to have a military appointment. The letter is dated 1790, but based on the content and letters exchanged regarding the same issues it is likely it was 1791.
Knox's reply to Shaw's letter dated 12 February 1790, GLC02437.04512. Discusses a problem with debt and securities involving Mr. Holker and Daniel Parker, captain of the ship Shaw took to Guangzhou, China. Involves a sum of money the owners of the ship, the Empress of China, owe to Shaw. Also mentions insurance issues involving another ship, the Jay, which Shaw sailed on to China. Knox writes, I know and feel for your embarrassments - But remember they are all vulnerable - look to them with composure and keep up your spirits.
Thanks Knox for everything has done for him and writes, While I feel the full force of the most lively gratitude for your friendship towards me, it pains me to know that the too tender concern you take in everything which regards your poor Shaw cannot but interrupt that happiness you deserve ever to enjoy, and which with my whole soul I wish you. On this account, it aggravates my present unhappiness to inform you, that nothing could be done in the way we wished - and that I must get my ship ready and proceed, with my present means alone, as fast as possible to Batavia and China. Adds that the season is too far advanced to consider another route and he does not want to disappoint his creditors and patrons in Canton. States that he gives Knox the power of attorney over his and Thomas Randall's property in the ship, the Jay.
Writes to discuss business endeavors with Knox. Declares that as he has not had a response from Mr. [possibly Robert] Morris in four weeks, he has changed his plans. Instead of remaining in Boston and trying to sell Mr. Morris's teas, which he is holding at 12 per cent higher than the market price, he has asked his brother-in-law, Mr. Parkman, to manage his business affairs and will come to New York to visit Knox and his wife. Has written to Mr. Morris to this effect, and will take passage to New York in four or five days on a ship called Godfrey from Rhode Island. He also wants to hasten his trip because of the arrival of his friend Mr. [Thomas] Randall in Baltimore (see GLC02437.03176). Also adds a note for Mr. [perhaps Samuel] Ogden, explaining that a merchant in Boston has agreed to buy Mr. Ogden's iron.
Congratulates Shaw on his arrival in Providence and hopes that his projects may be blessed with success. Presumes he went directly to Boston when he arrived. Discusses business concerns, including the sale of Shaw's goods, and comments on his correspondence with Shaw.
Informs Knox that he will be sailing for China again in January. He would be happy to execute commissions for Knox in China. States that your wandering friend intends after this voyage to stay at home - States that his wife sends her regards to Lucy Knox and the family. Free stamped on address leaf with no signature.