From Thomas Law
Wa[shing]ton Octor st 1813.
Enclosed I submit to your perusal, what I trust will be deem’d worth the trouble—If after a Year, these Treasury notes (become due), were recd as Cash in paymt of Subsn to the loan, it would give them full credit & enable Govt to issue more—The loan would also be obtain’d on more advantageous terms, as these note holders would encrease the number of competitors for the loan—
RC (DLC: TJ Papers, 199:35472); dateline mutilated; addressed: “To Thomas Jefferson Esqr Monticello”; franked; postmarked Washington, 2 Oct.; endorsed by TJ as a letter of 1 Oct. 1813 received five days later and so recorded in SJL. Enclosure not found.