Thomas Jefferson Papers

John Barnes to Thomas Jefferson, 13 May 1814

From John Barnes

George Town 13th May 1814—

Dear Sir—

Mr Taylors unfavorable Acct per last Evening Mail, says—“Bank stock, in general is falling Considerably.1—that he sold—yesterday Penna Bank stock a 135 per Ct. Owing to the Rumour of Peace—as well the demand for Cash—Subscribers to the New Loan— that the Certificates with a regular power of Atty—will be requiset to make the Sale— that Bills on France cannot be dependd upon—at this most Critical Moment—

the $10,000—Subscribed for viz. $2,500—must be paid 25th Instant.—and shd Necessity require it I will attempt—(After making good the 1t Instalmt) a Journey to Philada however inconvenient in Order to Effect a permanent and Conclusive Adjustmt that no default may intervene2—dispatch—on these particular Occasions—is—Necessary.— most respectly and truly.

I am Dear Sir—Yrs &c

John Barnes,

RC (ViU: TJP-ER); at foot of text: “Thomas Jefferson Esqr Monticello”; endorsed by TJ as received 20 May 1814 and so recorded in SJL.

1Omitted closing quotation mark editorially supplied.

2Manuscript: “interene.”

Index Entries

  • banks; stock issued by search
  • Barnes, John; and T. Kosciuszko’s American investments search
  • Barnes, John; letters from search
  • Barnes, John; travels to Philadelphia search
  • Congress, U.S.; loans contracted by search
  • Jefferson, Thomas; Business & Financial Affairs; and T. Kosciuszko’s American investments search
  • Kosciuszko, Tadeusz (Thaddeus) Andrzej Bonawentura; and investment in U.S. government loan search
  • Kosciuszko, Tadeusz (Thaddeus) Andrzej Bonawentura; and J. Barnes search
  • Taylor, George; correspondence with search