From George Washington to Tobias Lear, 4 July 1798
To Tobias Lear
Mount Vernon 4th July 1798
Dear Sir,
I have received your letter and A/c of the 2d Instt and presume it is all right.1 I wish however you had charged the Scow, & given credit for the articles had from Mr Anderson, as it was my wish to have seen a complete State of it.
The thousand dollars lent, was not on usury; and therefore I desire it may be struck out of your A/c, as I shall do it out of mine, when it comes to be entered in my Ledger. I mean the Interest, which you have given me credit for—$60. And it is not my desire, as I mentioned in my former letter, that you should put yourself to any inconvenience in paying the principal.
I have been so much engaged for the few days, past, that I have been unable to look into any accounts whatever; of course, I cannot now say what has been charged to me, as paid to you. I recollected however, that this was plead, when my Collector in Maryland was called upon for my Rents.2
My Papers are yet in such a jumble, that I know not where, readily to look for your former A/c; but it dwells upon my memory that in that, I was charged with £50 paid the Trustees of the Academy in Alexandra—if I am right in this, the Treasurer thereof has received a years annuity more than the School is entitled to3—Reference to your Books, if you have them by you, or to the A/c rendered to me when I come across it, will decide the matter at once. With very great esteem & reg⟨ard⟩ I am—Dear Sir Your Affectionate
Go: Washington
ALS (letterpress copy), DLC:GW; LB, DLC:GW.
1. Letter not found, but see GW’s request in his letter to Lear of 25 June for a statement of the account “as it stands between us.”
2. GW offered Lear a loan of $1,000 on 24 Oct. 1797. For the comment regarding Lear receiving GW’s Maryland rent money, see Francis Deakins to GW, 24 Feb. 1798. See also GW to Lear, 25 June 1798.
3. GW wrote the trustees of the Alexandria Academy on 17 Dec. 1785 committing himself to pay £50 a year as interest on £1,000 until he could bestow the principal itself on the academy, which he did in his will.