Nicholas Brown & Co. to Vanhorne, David; May 14, 1764
Letter, dated May 14, 1764, from Nicholas Brown and Company to David Vanhorne, a New York banker and business partner, discussing the dismal state of the economy in the American colonies. "[A]t present the Prospect of all Business Seems to weare a Gloom not before seen in America," the letter observes. A short time later, the Browns began to make preparations for the voyage of the Sally, which they hoped would yield a quick profit and relieve their financial distress.