Five letters to Frederick Wolcott.

Discusses purchase of wool, cotton, salt, sugar, tea and coffee; reflects on the troubles of wool manufacturing; gives political opinion that the international balance of power is running against France; concern over the rise of Russia; trusts that the union will survive the crisis.

Gives advice regarding hiring a clerk; discusses cattle breeding. Apologizes for not taking Connecticut’s threats of secession seriously; gives political viewpoint that Madison has joined the Peace Party; laments the government's policies.

Discusses the price of wool; feels banks, ship holders and manufacturers will suffer from future peace with England; advises caution in business plans.

Writes regarding uncertainty of textile market; financial affairs; complains of a villainous conspiracy to smear him by officers of the Bank of America, questioning his management, but is confident that he will prevail.

Writes to explain the "intriguers" who attempted to injure his character in leaving him out of the Bank of America; notes that they will not succeed and gives additional detail; notes he is in the process of settling accounts and instructs Frederick regarding sheep.