From James Madison to Bernard Peyton, 27 February 1827
To Bernard Peyton
Feby. 27. 1827
Dr Sir
Mr. Anderson gives me notice that a draft accepted by me in favor of Rd. Peters jr for $1048.68. due on the 1st. of Apl, has been placed in the B.B. of the U.S. at Richd. for collection. I had several sources for meeting this & some other demands, which, untill very lately, I thought could not fail me. It has happened otherwise, and I find myself under the necessity of asking the favor of your aid in obtaining from the Bank a credit that will discharge the draft, and give me the chance of making a collection from my debtors, or in the last resort of availing myself of the Market for my crop. I must hope Sir that such a credit will not be unattainable, and in that case I must ask the further favr. that you will forward the proper note, in the precise form required by the rules of the B. so that my signature alone will be necessary. Excuse this trespass on yr. kindness, & accept my esteem and friendly regards
Draft (DLC).