James Madison Papers
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James Madison to William Allen, 19 March 1829

Mar. 19. 29

Dr. Sir

I have recd. your favor of and am much obliged by your offer to meet my draft without selling flour for the occasion. Hoping that the present very depressed price may not last, I accept your kind proposition on condition that you sell the moment the delay becomes inconvenient or a speedy change, of the market for the better, improbable. I was not without hope that I might be able to remit you the amount of the draft before it wd. be presented, and have still a prospect of receiving a payment, very shortly but not perhaps time for that purpose

Draft (DLC).

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