[Norfolk Feby. 16. 1796 – M^r. William Pennock] Norfolk Feb^y 16^th 1796 M^r Josiah Fox Dear Sir I am favord with yours of 2^d & am sorry to hear they have determind on not finishing the whole of the Frigates as they must be wanting Peace or War should the Materials be sold, shall avail my self of the Opportunity of purchasing but I can… be [undecipherable: reconcild] to your Continuing in the War Office for the Salaries given is not worth a Man of Abilities taking. How far a Peace may affect our Navigation cannot say but at present you could not fail doing well & think it would be the case at all times [undecipherable: however] my aft is almost ready, it no doubt will be Compleat I am with esteem yours &^c W^m Pennock