Thomas Jefferson Papers

Thomas Jefferson to Patrick Gibson, 24 May 1817

To Patrick Gibson

Monticello May 24. 17.

Dear Sir

I return by our first mail the note for renewal inclosed in your’s of the 20th inst. and I am very thankful for the accomodation obtained, and payment remitted to Leroy and Bayard. if the Virginia bank cannot consistently with their rules renew it, I am in hopes that of the US. may come to my aid, as I understand it begins business this week. I observe a stamp on the paper you inclosed me; but I presume that can be added whenever I send you my notes on ordinary paper. should that bank not give me an accomodation for some months say, till the next crop comes in, I shall be infinitely distressed.

I am in hopes you will be able to sell my flour in time to meet a draught I have given Th: J. Randolph for 500.D. and one which I must give to mr Southall (our present Collector) whenever he calls for it for upwards of 600.D. besides 3. or 4. others for from 1. to 200. which I must soon make. at the close of the ensuing month I shall have 53.1 Barrels of flour forwarded, being a quarter’s mill rent, and I am in hopes that before this you will have recieved 3. more hhds of tobacco from Poplar Forest.

[I] salute you with constant friendship and respect.

Th: Jefferson

P. S. I wait your notice of the remittance to mr Vaughan.

PoC (MHi); on verso of reused address cover of Fernagus De Gelone to TJ, 15 Mar. 1817; torn at seal; adjacent to signature: “Mr Gibson”; endorsed by TJ. Enclosure not found. Enclosed in TJ to Gibson, 25 May 1817.

Gibson’s letter of the 20th inst. was actually dated 17 May 1817.

On this date TJ recorded that he had renewed his standing note for $2,000 with the Bank of Virginia and that Gibson had remitted an additional note for $2,000 on his behalf from the bank to LeRoy, Bayard & Company in partial payment of his debt to the firm of N. & J. & R. van Staphorst (MB description begins James A. Bear Jr. and Lucia C. Stanton, eds., Jefferson’s Memorandum Books: Accounts, with Legal Records and Miscellany, 1767–1826, 1997, The Papers of Thomas Jefferson, Second Series description ends , 2:1333).

The Richmond branch of the Second Bank of the us. had commenced discounting notes and issuing paper on 21 May 1817 (Alexandria Gazette & Daily Advertiser, 2 June 1817). TJ had given his grandson Thomas Jefferson Randolph a draught on Gibson & Jefferson for $500 on 17 May 1817.

1In left margin, keyed to this point with an asterisk, TJ noted that “these had been sent by T. E. R. [Thomas Eston Randolph] May 3.”

Index Entries

  • Bank of the United States, Second; creation of search
  • Bank of Virginia (Richmond); TJ’s loan from search
  • flour; as rent search
  • flour; sale of search
  • Gibson, Patrick; and TJ’s flour search
  • Gibson, Patrick; and TJ’s loan from Bank of Virginia search
  • Gibson, Patrick; and TJ’s tobacco search
  • Gibson, Patrick; letters to search
  • Gibson & Jefferson (Richmond firm); payments made for TJ search
  • Jefferson, Thomas; Business & Financial Affairs; account with J. Vaughan search
  • Jefferson, Thomas; Business & Financial Affairs; debt to N. & J. & R. van Staphorst search
  • Jefferson, Thomas; Business & Financial Affairs; debt to V. W. Southall search
  • Jefferson, Thomas; Business & Financial Affairs; loan from Bank of Virginia search
  • Jefferson, Thomas; Business & Financial Affairs; payments to T. J. Randolph search
  • LeRoy, Bayard & Company (New York firm); and TJ’s debt to N. & J. & R. van Staphorst search
  • Poplar Forest (TJ’s Bedford Co. estate); tobacco grown at search
  • Randolph, Thomas Eston (TJ’s cousin); and Shadwell mills search
  • Randolph, Thomas Jefferson (TJ’s grandson; Jane Hollins Nicholas Randolph’s husband); TJ’s payments to search
  • rent; due from T. E. Randolph search
  • Shadwell mills; rent for search
  • Southall, Valentine Wood; TJ’s debt to search
  • Staphorst, N. & J. & R. van; TJ’s debt to search
  • tobacco; grown at Poplar Forest search
  • Vaughan, John; account with TJ search