James Madison Papers

[JM] to William Allen, 22 December 1834

Decr. 22. 34

Dr. Sir

Estimating the price of flour as rather more likely to be better than lower, I have preferred a small loan from the bank to a sale of the flour on hand. You will oblige me therefore, by turning the enclosed note into a credit for in Bank, and letting me know when I may draw on it.

Your letter noting the balance in your account, was duly recd. I had disposed of a draft on you for $80 in favor of S. Brockman which may not have reached you at the date of your acot. Be so good, when you inform me of the result in the bank, to mention the balance as it will stand after adding the recent items in the account

Draft (DLC).

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