Thomas Jefferson Papers

John Barnes to Thomas Jefferson, 25 April 1815

From John Barnes

George Town 25th April. 1815.

Dear Sir—

I had closed my letter of the 22d Saturdy (but not sealed it) when I was favrd with yours of the 18th Covering—Order on the Treasury of the U States, for, $4870. which I presented to Mr Shelden Yesterdy who asked of me—in what sums, I wished the Treasury Notes to be of,1 in Order, that he might prepare the Warrant—to be drawn for them—they being of viz. 1000—100—and of $20—each. I prefer’d—viz.

  4—of 1000 each is $4000.
8—of  100—do 800.
3—of   20—do 60 
Bank Note for Residue  10   $4,870.

which in course of a day or two—when passed thro the several official2 forms, will be ready for Receipting and delivery—in part of your $29,950.3

The next question is, how to dispose of the $4,500. and $360—is $4,860. on a/c of the good Genl I purpose, to make, the Needfull inquiries—for the most eligable and Convenient Stock—for your Goverment, mean while—I am Anxious to secure a sett of exchange on London for £400 Sterg as I find to day, the Drawers are Unwilling to draw—at present, expecting a Rising market to the Eastward—at 2½ perCt above par, and Bills on Paris—at 3 and 3½—you were perfectly Justified in disengaging your self from paying 8 perCt on so considerable a sum—which for these 6 Yrs passed Amot to $2160—almost equal to a Moiety of the Principal:—for the Fractional part of the Int—being paid—Principal and Int. in the same Mo (in conformity to Bank Usage) is not demandable,—

with great Esteem & Respect, Dear Sir—your most obedt

John Barnes.

RC (ViU: TJP-ER); endorsed by TJ as received 3 May 1815 and so recorded in SJL. RC (DLC); address cover only; with PoC of TJ to James Madison, 15 June 1815, on verso; addressed: “Thomas Jefferson, Esquire, Monticello, Virginia”; franked; postmarked Georgetown, 26 Apr.

The order on the treasury was presented to treasury clerk Daniel Shelden, who prepared warrant number 8585 for $4,870, dated 21 Apr., in partial payment for the purchase of TJ’s library (Alexander J. Dallas, From the Secretary of the Treasury, accompanied With a Statement exhibiting the sums respectively paid to each clerk in the several offices attached to the Treasury Department, for Services Rendered in the Year 1814 [Washington, 1815], 2; An Account of the Receipts and Expenditures of the United States. For the Year 1815 [Washington, 1816], 103).

The good genl was Tadeusz Kosciuszko.

1Manuscript: “off.”

2Manuscript: “offical.”

3The correct figure was $23,950.

Index Entries

  • Barnes, John; and T. Kosciuszko’s American investments search
  • Barnes, John; letters from search
  • Barnes, John; TJ pays search
  • Jefferson, Thomas; Business & Financial Affairs; account with T. Kosciuszko search
  • Jefferson, Thomas; Business & Financial Affairs; and payment for library search
  • Jefferson, Thomas; Business & Financial Affairs; and T. Kosciuszko’s American investments search
  • Jefferson, Thomas; Business & Financial Affairs; payments to J. Barnes search
  • Kosciuszko, Tadeusz (Thaddeus) Andrzej Bonawentura; TJ’s debt to search
  • Library of Congress; payment for TJ’s library search
  • London; exchange rate at search
  • Paris; exchange rate at search
  • Shelden, Daniel; as U.S. Treasury clerk search
  • Treasury Department, U.S.; clerks at search
  • Treasury Department, U.S.; treasury notes search