IV. Statement of John Barnes’s Account with William Short, [ca. 13 April—May 1800]

IV. Statement of John Barnes’s Account with William Short

John Barnes in account with William Short

1799.		Dr.	Dollars
Jan. 1.	To int. & princip. of stock now recd. of US.		620.16
9.	To Th:J.’s draught on G. Jefferson		1200.
Feb. 22.	To do.		900.
25.	To do.		150.
Apr. 2.	To a quarter’s int. of stock from US.		313.
July. 2.	To do.		313.
Oct. 7.	To do.		313.
1800.
Jan. 2.	To 2. pr. ct. principal of stock now pd. by US.	306.84
	int on 6. p.ct. stock from do.	230.13
	do. on 3. p.ct. do.	84.42
		621.39
	deduct p.ct. commn.	3.10	618.29
Feb. 5.	To Th:J’s order on G. Jefferson for—priricip.	£ s
	lent Jas. R. co.	74–5
	mt. on do. to 1st. Jan.	53–11–8
	Virga currcy.	127–16–8

	equal to 426.1 - ½p.c. commn.	2.10	424.
Apr. 1.	To a quarter’s int. on 6. p.ct. stock of US.	230.13
	on 3. p.ct. do.	84.42
	on 42. shares of 8. p.ct. do.	266.
		580.55
	deduct ½ p.ct. commn.	2.90	577.65
			5,429.10
		Cr.	Dollars.
Mar. 1.	By pd. 1st. instalment of 42. shares in 8. p.ct. loan.		525.
Apr. 1.	By 2d. do.		525.
May. 1.	By 3d. do.		525.
June 1.	By 4th do.		525.
July 1.	By 5th. do.		525.
Aug. 1.	By 6th. do.		525.
Sep. 1.	By 7th. do.		525.
Oct. 1.	By 8th. do.		525.
	By commn. on negociation		21.
			4221.

MS (ViW); entirely in TJ’s hand, with his calculation at foot subtracting 4,221 from 5,429.10 to yield 1,208.10; arranged by TJ with the debit column to the left of the credit column, without aligning dates. Enclosed in TJ to Short, 13 Apr. 1800.

To compile this statement TJ probably drew on two statements by Barnes of his account with Short: one of 7 Oct. 1799, detailing transactions from 25 Feb. to that date, with notations by TJ showing the actual beginning date to be 1 Jan.; and the other a statement of 1 Apr. 1800, endorsed by TJ, noting transactions from 7 Oct. 1799 to 1 Apr. and concluding with the balance of $1,208.10 (MSS in DLC: Short Papers; in Barnes’s hand and signed by him). Barnes also made a running list of the payments of interest and principal he had received from Short’s federal loan certificates, 1 Apr. 1795–1 Apr. 1800; above the entry for 3 Jan. 1799, the first entry for that year, TJ drew a line and wrote: “here ends my part of these articles. The following enter into account between J. Barnes & W. Short” (MS in same; in Barnes’s hand with notations by TJ; endorsed by TJ: “J. Barnes’s rects. of int. &c. for W. Short. vouching my acct. so far”).

On 30 Mch. 1800 TJ requested John Steele to pay Barnes the quarterly payments due 1 Apr. on Short’s U.S. certificates (RC in ICHi, endorsed, with instruction by Steele, 1 Apr. 1800, to the cashier of the Bank of the United States to “Make payment”; not recorded in SJL).

Index Entries

You Are Looking At

Source Project: Jefferson Papers
Title: IV. Statement of John Barnes’s Account with William Short, [ca. 13 April—May 1800]
Author: Jefferson, Thomas
Recipient: Short, William
Date: 13 April 1800 – 31 May 1800

Reference

Cite as: “IV. Statement of John Barnes’s Account with William Short, [ca. 13 April—May 1800],” Founders Online, National Archives, https://founders.archives.gov/documents/Jefferson/01-31-02-0432-0005. [Original source: The Papers of Thomas Jefferson, vol. 31, 1 February 1799 – 31 May 1800, ed. Barbara B. Oberg. Princeton: Princeton University Press, 2004, pp. 516–517.]

More between these correspondents