Monticello Feb. 4. 20.
Your favor of Jan. 22. is recieved by our last mail. I acknolege myself in default with you, but I assure you not in fault, to the common calamity which so suddenly suspended the circulation and collection of money, has been added another peculiar to my neighborhood, a drought of 7. months (from July 1.) unexampled in our history, has kept our river impracticable, on which alone we depend for getting produce to market. during that time our produce has been lying dead on [. . .] hands, and kept us in an exhausted state I now inclose [. . .] the amount of my debt to you. 21.D. and trust with confidence that such a default, under circumstances such unexampled combination, can never again happen. I inclose in fact 22.D. to cover the discount which may be on Virginia bankpaper in N.York. and I salute you with esteem & respect
MHi: Coolidge Collection.