When, in answer to yours of April 14,1 I intimated that I could not conveniently anticipate the payment of my note in your hands, it was not on⟨ly⟩ my purpose to be punctual at its maturity, but I relied with entire confiden[ce] ⟨on⟩ the allotted means. It is with serious concern, the more so as the occur⟨re⟩nce is so new to me, that I am under the necessity of disappointing a creditor. I had in view not less than three resources, any one of which would ⟨h⟩ave sufficed, and not one of which, in ordinary times, would have failed. Such however is the pecuniary state of things within the range of my transactions, that I am left in the situation I lament. I had indulged an expectation of escaping it, founded on the fairest promises, down to the present time, or I should have apprised you of it sooner. I must now hope that you will not suffer from an unavoidable delay, which I shall spare no efforts to shorten, tho’ with less certainty of very early success, than I could wish. In the meantime, I will, if possible, remit you the interest which has accrued; and shall be glad to hear from you on the subject, with a readines⟨s⟩ to concur in any arrangement of it that may be desired on your part, and practicable on mine. With friendly respects.