Thomas Jefferson Papers
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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.

w.c.n.’s: Wilson Cary Nicholas’s. compd: “compounded.”

1Reworked from “The debts.”

2Word 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