To Thomas Munroe
Washington June 16. 1802.
You will percieve by the inclosed letter from the Governor of Maryland that we are called on for the arrears of interest on the two loans of two hundred thousand and of fifty thousand dollars, the former guarantied by Congress, and the latter assumed by them in a specified mode. knowing that the city funds are not in cash to answer these demands, and that your office is constantly open for the sale of unsold lots, I request you to inform me what prospect there is of raising the sum of 18,000. D. which will be due in interest on the 200,000 on the 1st. day of the ensuing month, by sales at prices not unwarrantably low? and I also pray you with all possible diligence to compleat the statement you are engaged in making, of all the lots subject to be resold, that they may be advertised for sale at as short a day as the law will allow, in order to raise the principal of 50,000 D. and it’s interest which will become payable on the 1st. day of November next. Accept my respects & best wishes
PrC (DLC); at foot of text: “Mr. Thomas Monroe, Superintendant of the City of Washington”; endorsed by TJ in ink on verso. Enclosure: John F. Mercer to TJ, 5 June 1802.
A list of LOTS SUBJECT TO BE RESOLD, attached to a letter from Munroe’s office dated 19 June, appeared in the Washington Federalist and in the National Intelligencer on 23 June. Munroe noted in the advertisement that the lots, many of which were “amongst the best” in the city, were to be sold at public auction on 30 Aug. 1802.