R. King discusses the debts of Major Gibbs with Nathaniel Tracy
Document 1790Letter, Messrs King and Gerry discuss the personal debts of Major Gibbs with Nathaniel Tracy.
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[undecipherable]
New York March 2d 1800
Dr Sir
The sudden and unexpected departure of your express prevented us from writing you on the subject of his mission — [undecipherable] but express our warm disapprobation at the conduct of Major Gibbs so far as we are acquainted with the circumstances, and for that reason should be very averse from taking on ourselves the payment of his debts and thus rewarding an act which we are not ashamed to condemn — for this we consider as the inevitable consequence of [undecipherable] a [undecipherable] notwithstanding the opinion of Mr Edwards is the contrary but we have another objection as to respects your future situation — in the payment of that sum would have the desirable effect of liberating you from all your present embarrassments & difficulties as it is at this time to pay the Specie we would do every thing in our power to effect it — but the inevitable consequence of paying Mr Gibbs would be the adoption of similar measures by many of your other creditors in expectation of relief from your other friends, and they would be more obstinate in their measures after this success of one of your Creditors than otherwise they would be — We therefore are clearly of opinion — Mr Gibbs might not at this time [undecipherable]
benefitted by his manoeuvre, and that now is the time to put a stop to such a procedure — We shall be happy to supply with any monies necessary for your expenses which at [undecipherable] and have written to our friends at Boston to discountenance Mr Gibbs conduct and if possible prevail upon him to abandon it.
We are Dear Sir
Your friends & Servants
[undecipherable] [undecipherable]
R. King
[undecipherable] [undecipherable]
[undecipherable] [undecipherable]
[address:] Col. [undecipherable] Tracy Esqr
[docket, verso:] C [undecipherable] New York March 2d 1[undecipherable] / [undecipherable] Tracy Esqr
Type
Letter Signed
Description
Letter, Messrs King and Gerry discuss the personal debts of Major Gibbs with Nathaniel Tracy.
Date
03/02/1790
Author
Recipient
Repository
Collection
Document number
1790030290001
Page start
1
Notable persons
Nathaniel Tracy
multiple
Major Gibbs
Edwards
R. King
E. Gerry
Notable locations
New York
Hartford
Boston
Notable items
discountenance
conduct of prevail upon him to abandon it
creditors in expectation of relief from your other friends
more obstinate in their efforts after this success
benefitted by his manoeuvre
now is the time to put a stop to such a procedure
happy to supply with any monies necessary for your expences
consider as the inevitable consequence of signing a law
another objection as it respects your future situation
payment of that sum would have the desirable effect of liberating you from all your several embarrassments
do every thing in our power to effect it
consequence of paying
adoption of similar measure
sudden and unexpected departure of you prevented me from meeting you on the subject of the session
disapprobation at the conduct of Major Gibbs so far as we are acquainted with the circumstances
averse to taking on ourselves the payment of his debt and thus rewarding an act which we are constrained to condemn

