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Thomas Jefferson’s Plan for Debt Repayment, [ca. 1 April 1823]
Plan for Debt Repayment
[ca. 1 Apr. 1823]
Albemarle | ||||||||
Expences. Monticello | Income | Bedford | D | |||||
Store acct includg iron | 800 | 400.B. flour | 2400 | store account. | 400 | 50.M. tobo | 4000. | |
Groceries includg salt | 400. | 10.M. ℔ tobo | 800 | taxes | 140 | 400.B. flour | 2400 | |
wines | 200 | Mill. clear. | 1000 | superintendce | 1200 | 6400 | ||
books. | 100. | Barrels | 1500 | 1740 | 1740 | |||
boys. tuition. | 150. | 5700 | Bedfd clear | 4660 | ||||
1650 | 2490 | Albem. clear | 3210 | |||||
taxes | 140 | clear | 3210 | 7870 | ||||
superintendance. | 840 | 700 | ||||||
2490 |
D | |||
1823. | Apr. 1. my own debts principal | 40,262. | |
July 1. interest to this day | 2,122. | ||
42,384 | |||
By sale of 80. negroes @ 250. D | 20,000 | ||
22,384 | |||
W.C.N.’s debt. principal | 20000 | ||
interest | 1200 | 21,200 | |
Total principal & int. to July 1. 23. | 43,584 | ||
1824. | 1. year’s interest on 43,584 | 2,615 | |
46,199 | |||
payment | 7,870 | ||
38,329 | |||
1825. | 1. year’s int. | 2,300 | |
40,629 | |||
paymt | 7,870 | ||
32,759 | |||
1826. | 1 year’s int. | 1 966 | |
34,725 | |||
paymt | 7,870 | ||
26,855 | |||
1827. | 1. year’s int. | 1,611 | |
28,466 | |||
paymt | 7,870 | ||
20,596 | |||
1828 | 1. y’s int. | 1,236 | |
21,832 | |||
paymt | 7,870 | ||
13,962 | |||
1829. | 1. year’s int. | 838 | |
14,800 | |||
paymt | 7,870 | ||
6,930 | |||
1830. | 1. year’s int | 416 | |
7,346 | |||
payment | 7,870 | ||
overpaid | 524 |
my own debts1 will thus be paid by | 1827. |
Mr Nicholas | 1830 |
the lands will all be saved
and the 150. negroes, at 3. p.c. increase compd2 will be 190. in 1830.
MS (ViU: TJP-ER); on verso of TJ’s List of Debts and Assets, 1 Apr. 1823; in TJ’s hand; undated.
1. Reworked from “The debts.”
2. Word interlined.
Index Entries
- flour; from Poplar Forest search
- groceries; TJ budgets for search
- iron; purchased by TJ search
- Jefferson, Thomas; Books & Library; TJ budgets for search
- Jefferson, Thomas; Business & Financial Affairs; buys and sells slaves search
- Jefferson, Thomas; Business & Financial Affairs; endorses notes for W. C. Nicholas search
- Jefferson, Thomas; Business & Financial Affairs; Plan for Debt Repayment search
- Jefferson, Thomas; Business & Financial Affairs; rent due TJ search
- Jefferson, Thomas; Business & Financial Affairs; sells flour search
- Jefferson, Thomas; Business & Financial Affairs; sells tobacco search
- Jefferson, Thomas; Writings; Plan for Debt Repayment search
- Monticello (TJ’s Albemarle Co. estate); flour from search
- Monticello (TJ’s Albemarle Co. estate); Overseers at; wages for search
- Monticello (TJ’s Albemarle Co. estate); salt for search
- Monticello (TJ’s Albemarle Co. estate); tobacco crop at search
- naileries; nail-rod and iron stock search
- Nicholas, Wilson Cary (1761–1820); TJ endorses notes for search
- Poplar Forest (TJ’s Bedford Co. estate); flour from search
- Poplar Forest (TJ’s Bedford Co. estate); Overseers at; wages for search
- Poplar Forest (TJ’s Bedford Co. estate); tobacco grown at search
- Randolph, Benjamin Franklin (TJ’s grandson); education of search
- Randolph, James Madison (TJ’s grandson); education of search
- Randolph, Meriwether Lewis (TJ’s grandson); education of search
- rent; from Shadwell mills search
- salt; TJ acquires search
- Shadwell mills; rent for search
- slaves; TJ calculates natural increase of search
- slaves; TJ plans to sell search
- taxes; TJ budgets for search
- tobacco; grown at Monticello search
- tobacco; grown at Poplar Forest search
- tobacco; TJ’s income from search
- wine; TJ budgets for search