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He wrote a letter on the 18th March, 1766, to Simonds & White of which the extract that follows is a part: "I have been Largely concerned in partnerships before Now but Never so Ignorant of any as of the present, which I am willing to Impute it to your hurry of Business, But Let me Tell you that partners are in a high degree guilty of Imprudence to Continue a Large Trade for Two years without Settling or knowing whether they have Lost a hundred pounds or not although they may be ever so Imersed in Business, for the Sooner they Stop the better, provided they are Losing money as it seames in Mr.
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