States that [Samuel] Shaw and [Thomas] Randall are considered transient merchants, thus their credit is not considered good for long engagements. Discusses a financial matter with Knox, and notes that he hopes to see Knox before he leaves.

Writes, The stoppage of payment by Mr. [William] Duer has created considerable anxiety, although it has as yet produced no other failures - he himself assured me that he would finally comply with all his contracts but required time. Adds that he, himself, will not suffer much from Duer's financial problems, and explains how much he loaned Duer and the arrangements they made together. Suggests that Knox help by repaying Duer any amount he can. Concludes, If he does not come forward soon & explain his affairs this city will be in great commotion. Adds that he expects the arrival of [Samuel] Shaw any day. Free stamped on address leaf with no signature.

Signed in text in third person as the General. This document is a statement by Knox that the U.S. House of Representatives validates his position as Secretary for the Department of War.

Discusses the death of their friend, Samuel Shaw (Knox's former aide-de-camp). Informs Knox the ship Washington arrived safely; however, the ship Industry has not arrived. Notes the voyage is not as lucrative since the Industry never arrived. Requests Knox to discharge his bond against them.

Discusses financial arrangements with a Mr. Delafield and a Mr. [William Stephens] Smith. Relates that two ships have recently arrived from London, but he was surprised not to receive any letters from Mr. [Samuel] Shaw. Discusses his inability to proceed with their business affairs until he hears from Shaw. Wishes Knox and his wife the compliments of the Season.

Unsigned. Writes that he received Shaw's letters and enclosures, and was delighted and satisfied to hear of his health and the prospect of advancing his interests. Has no hope that Shaw will receive the letter, but addresses it to him on the bare possibility he will receive it, hoping that if he does not, our dear friend Randall may for whom it is equally intended. Focuses primarily on business matters. Discusses the sale of merchandise Shaw arranged for Knox before he left for China, and describes a transfer of this merchandise from Samuel Ogden because Ogden went out of town. Also mentions the new government and new Constitution of the United States, and declares that when he returns to the country, he will likely find George Washington to be President and John Adams to be Vice President. Provides some information on their family and friends, and also discusses ships traveling to China from Boston. In the hand of William Knox.