From James Madison
Philada. Feby. 7. 1796
Several mails preceding that of yesterday brought nothing more Southern than Baltimore. This will account for my not receiving your favor of the 24th. Ult., till yesterday. I will make the inquiries, and execute the commissions in it with pleasure, and without delay. I am afraid to make the same promise as to the weekly history of what passes in the Government behind the curtain; especially as the Cypher might be required for some parts of it. What I can I will do on the subject. I have already made a partial collection of the Tracts you wish. I know not what is meant by the correspondence of Jay and Jefferson; probably it is the correspondence not between them, but between each and others.
I thank you for the Copy of your statement and letter to Mr. Wythe. I value it not only as a gratification to myself; but as another security for the preservation of the document.
Dorhman maintains a silence, that justifies strong suspicions of aversion or inability to pay his debts. I feel no longer any other restraints from resorting to his deed of trust, but that which Mazzei’s interest dictates. As yet the land would sell for considerably less than the sum due. The general rise of price which is going on will probably soon remove this difficulty, especially if the Treaty with Spain, should have done what is hoped, as to the navigation of the Mississippi.
You will see that the aspect of English affairs grows more and more lowering. The alarm of the Sedition Bills, the bounty on foreign Wheat and flour, the detention of the armament fitted up, for the forlorn experiment in the West Indies, are more portentous than any thing previous to these signs of a ripening crisis. The accounts from France are not of very late date, but continue to be auspicious. The Treaties with Algiers and Spain, loiter as that with England did. It is to be hoped this is the only instance in which the parallel holds.
An idea begins to shew itself that an unrestrained exportation of the Bread-articles, threatens a scarcity in our own Country. The1 large towns will of course be the first seat of such an apprehensions. It is certain that the Crops of Grain in North Carolina failed to such a degree as to start the price of Corn at a dollr. a bushel, where it used to sell at ⅓ of a dollar. In Virginia, if the present price be the measure of the quantity, there will be little corn to spare, and probably not a great deal more of Wheat. In this State it is turning out more and more in evidence that the crop of Wheat has been very scanty. The Eastern States always require large importations from the others. In N.J. and N.Y. alone, the crops of Wheat appear to have been good; and that is probably exaggeration on the favorable side. Flour at present in this place is rising under the information of the English bounty. All in the Market is said to be bought up, probably by English Agents. It sold a day or two ago, or rather there was offered for it, 14 dollrs. a barrel, and the best informed, speak with confidence of successive rises. In this attitude of things What a noble stroke would be an embargo? It would probably do as much good as harm at home; and would force peace, on the rest of the World, and perhaps liberty along with it. But you know the spell2 within the Government, as well as the obstacles to such a measure in the clamors that would be raised among the Merchants, the Millers, and farmers, to say nothing of the Tories &c. who would make more noise than any of them.
I intreat you not to procrastinate, much less abandon your historical task. You owe it to yourself, to truth, to the world. Adieu always yours most affey
There is some reason to think that Jno. Rutledge is not right in his mind. Cushing has been put at the head of the Bench, but it is said will decline the pre-eminence. Chase in the place of Blair!!!! A vacancy remains to be filled. McHenry Secretary at War—Through what official interstice can a ray of republican truths now penetrate to the P.
You will see by the inclosed letter [from J.] B. that I have ad[vanced] him 25 drs. I have already told you that repayment in Virga. will [serve] for me as well as [here.]
RC (DLC: Madison Papers); unsigned; parts of last two lines torn away; with several emendations, only the most important being noted below; addressed: “Mr. Jefferson Charlottesville via Richmond”; franked, stamped, and postmarked; endorsed by TJ as received 20 Feb. 1796 and so recorded in SJL. Enclosure: probably John Bringhurst to TJ, 3 Feb. 1796 (recorded in SJL as received from Wilmington 20 Feb. 1796, but not found).
Your favor: TJ to Madison, 24 Jan. 1796 (recorded in SJL, but not found).
Statement and letter to Mr. Wythe: see TJ’s second letter to George Wythe, 16 Jan. 1796, and enclosure.
1. Remainder of text is written lengthwise in margin and then continues perpendicular to first part of the letter.
2. Preceding four words interlined in place of two or three canceled and illegible words.