Thomas Jefferson Papers
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https://founders.archives.gov/documents/Jefferson/03-12-02-0464

Thomas Jefferson to Wilson Cary Nicholas, 26 March 1818

To Wilson Cary Nicholas

Monticello Mar. 26. 18.

Dear Sir

An old balance of account between the bankers of the US. in Amsterdam and myself, believed by us both to have arisen from mistakes in the complicated matters of account of the US which, without being an Accountant, I had to direct, and to give draughts for in behalf of the various descriptions of public creditors, was left, under this persuasion by them & myself for further enquiry. in this state it laid over until I had really lost sight of it: and no further light having arisen on the subject, they called on me for it about two years ago when, with the interest of 30. years, it had become a weighty debt. they permitted me to take time for payment by three annual instalments. it was for the 1st of these that your bank accomodated me with 3000.D. the last year, and had the year been favorable to the farmer, I should not have needed aid for the 2d instalment. but the total failure of my wheat crop in Bedford by the fly, which, from 400. bushels sown gave me but 30. barrels of flour, has left me where I then was, and obliges me to ask if they can trust me for a 2d instalment of the same amou[nt]. I apply to them the rather because I am informed they will accept of a country endorser, which would be much more agre[e]able to me. I do not think it right to burthen further the credit of mr Gibson who is already my endorser for the former 3000.D. & for 2000. more in the bank of Virginia. the object of this letter, my dear Sir, is to ask the favor of you to satisfy yourself whether such an accomodation can be indulged on my application, and if it can, that you would be so good as to inform me of it with as little delay as possibl[e]: because I set out for Bedford within 10. or 12. days, and wish to make arrangements for my payment within that tim[e]. four years of bad overseers, one of drought, and one of fly have been making me drop behind hand by little & little year after year, and submit me to painful anxieties until better management & a better season or two shall bring me relief. Accept my affectionate and respectful salutations

Th: Jefferson

PoC (DLC); on reused address cover of John Vaughan to TJ, 22 Jan. 1818; four words faint; at foot of first page: “W. C. Nicholas”; endorsed by TJ.

The bankers of the us. in amsterdam were representatives of the Dutch banking house of N. & J. & R. van Staphorst. your bank: the Richmond branch of the Second Bank of the United States.

Index Entries

  • agriculture; and weather search
  • Bank of the United States, Second; Richmond branch of search
  • Bank of the United States, Second; TJ’s loan from search
  • Bank of Virginia (Richmond); TJ’s loan from search
  • banks; in Va. search
  • flour; from Poplar Forest search
  • Gibson, Patrick; and TJ’s loan from Bank of Virginia search
  • Gibson, Patrick; and TJ’s loan from Second Bank of the United States search
  • Hessian fly search
  • Jefferson, Thomas; Business & Financial Affairs; debt to N. & J. & R. van Staphorst search
  • Jefferson, Thomas; Business & Financial Affairs; loan from Bank of Virginia search
  • Jefferson, Thomas; Business & Financial Affairs; loan from Second Bank of the United States search
  • Jefferson, Thomas; Opinions on; overseers search
  • N. & J. & R. van Staphorst; TJ’s debt to search
  • Nicholas, Wilson Cary (1761–1820); and Second Bank of the United States search
  • Nicholas, Wilson Cary (1761–1820); letters to search
  • overseers; TJ on search
  • Poplar Forest (TJ’s Bedford Co. estate); flour from search
  • Poplar Forest (TJ’s Bedford Co. estate); Overseers at; competency of search
  • Poplar Forest (TJ’s Bedford Co. estate); TJ plans visits to search
  • Poplar Forest (TJ’s Bedford Co. estate); wheat grown at search
  • Virginia; banks in search
  • weather; drought search
  • weather; effect on crops search
  • wheat; at Poplar Forest search