James Madison Papers

James Madison to Chester Bailey, December 1826

I recd. some days ago your friendly communication of the 7th. I regret the continuance of circumstances wch. suggested it. I hope you will be satisfied with the footing on which I have put your claim for the arrears due from J. P. T. Inconsiderable as the amount may be thought, such have been the failures of my crops & the prices for them for a series of years, & such the utter failures of payments when I am the Creditor, & I may add, such the pecuniary distress & prospects, here at present, that in undertaking unforeseen payts. the time must be left to my own conveniency: which I hope will not materially affect yours


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