Merchant of Venice

In the story Merchant of Venice (Act3, Scene2), what was written in the letter that made Bassanio turn pale? Who had written the letter?

the merchant of venice

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In Act III, Salerio hands Bassanio a letter from Antonio. Bassanio turns pale at the news that Antonio has lost his fortune and his ships, and he asks Salerio if it is true that all of Antonio's ventures have failed.