Letter
John Wilcocks to Alexander Hamilton, March 5, 1786
John Wilcocks informs Alexander Hamilton about failed attempts to sell the ship Tartar due to its unsuitability for commerce and unclear financial arrangements among the owners. He explains declining a proposal to purchase and manage the voyages because of uncertain funds and details efforts made to minimize losses by sending the ship abroad with limited cargo. Wilcocks emphasizes the impracticality of the sale and the resulting lack of alternatives.