Thomas Jefferson Papers

From Thomas Jefferson to James Lyle, 6 May 1799

To James Lyle

Monticello May 6. 99.

Dear Sir

I have hitherto been in expectation of selling my last year’s crop of tobo. at Richmond & of ordering out of it the same paiment to you as the last year. but the prices, instead of rising through the season as usual, have fallen, & far below what the state of the general market of Europe justifies. I am therefore looking out for information whether to send my tobaccoes to Philadelphia, New York or Europe. this will probably retard my paiment to you. the object of the present letter is to assure you that, tho’ I am not able at this moment to fix the time, yet you may count with certainty on recieving your paiment out of the proceeds the moment they can be commanded. it is so ruinous to sacrifice price to time, that I am persuaded of your indulgence in such a case as ours. I am with great esteem Dr. Sir

Your friend & servt

Th: Jefferson

PrC (MHi); at foot of text: “James Lyle esq.”; endorsed by TJ in ink on verso.

Paiment to you: see Lyle to TJ, 25 Oct. 1796, with enclosure, and TJ to Lyle, 12 Feb. 1797, 15 June 1798, for the bonds TJ owed the firm of Henderson, McCaul & Co.

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