Thomas Jefferson to Patrick Gibson, 14 May 1819
To Patrick Gibson
Monticello May 14. 19.
Dear Sir
I recieved last night your favor of the 8th covering my account down to May 10. I found that in my statement to you of Mar. 22. besides1 some minor articles, I had omitted all those for discounts, and a part of the curtailments, making a difference of about 1000.D. and consequently my note for discount should have been for 3000.D. for which sum therefore I now inclose one to mr Nicholas who offers to endorse & get it discounted in the Farmer’s bank, and order the money to be paid over to you. I will state on the next page my review, in general items of the debets of your account, & of the calls I shall still2 have to make on you, before other resources come in to me. the draughts to Bacon for 150.D. and Leitch 112. had been made before your letter was recieved, or they should have been postponed to the rect of the proceeds of the Note to mr Nicholas. as soon as that is recieved, I will pray you to remit the 800.D. as formerly requested to John Vaughan, and to notify me of it when done. I learn with much regret that you feel the effect of the distress now generally prevailing in the commercial world. as the US. bank will recieve a country endorser, I feel it a duty to ask permission to substitute my grandson as endorser on my note to you in that bank, which will so far lessen your responsibilities there: and I would gladly do the same with that in the bank of Virga but I understand that both that & the Farmer’s bank require a town endorser. I know that I am a mighty troublesome correspondent to you. my annual importations of certain necessaries from Europe, and occasional necessities for others from Richmond, are a subject of regret to me in the trouble they give you. I have latterly thrown the smaller ones of these on my friend Bernard Peyton, who is young active and kind to me on the ground of personal acquaintance; but still he has to croud your accounts with small payments to him. if you will be so good as to get my two notes in the US. bank amalgamated in to one sum and one date, I will return it to you endorsed by my grandson, and ask you to return me the one for 2000.D which we conclude not to negotiate in that bank. I salute you with constant & affectionate esteem and respect.
Th: Jefferson
PoC (MHi); on verso of reused address cover of Francois Redon (for Lewis D. Belair) to TJ, 12 Nov. 1818; with enclosure on recto; at foot of text: “Mr Gibson”; endorsed by TJ.
TJ included a statement of his account with Gibson in his letter of 22 Apr. 1819, not mar. 22.
On 9 May 1819 TJ recorded having drawn on Gibson for $150 in favor of Edmund bacon “on account.” The payment of $112 to James leitch repaid a loan of $25 received 3 May 1819, as well as payments made by Leitch on TJ’s behalf of $55 to William Dunkum for 110 barrels of oats on 3 May and $32 to John A. Wilson for the balance of “his wages as overseer at Tufton in 1817” on 10 May ( , 2:1351, 1354–5).
TJ’s grandson was Thomas Jefferson Randolph.
1. Manuscript: “bessides.”
2. Word added in margin.
Index Entries
- Bacon, Edmund; TJ pays search
- Bank of the United States, Second, Richmond branch of; TJ’s loan from search
- Bank of Virginia (Richmond); TJ’s loan from search
- Dunkum, William; sells oats to TJ search
- Farmers’ Bank of Virginia (Richmond); TJ’s loan from search
- Gibson, Patrick; account with TJ search
- Gibson, Patrick; and payments made for TJ search
- Gibson, Patrick; and TJ’s loan from Bank of Virginia search
- Gibson, Patrick; and TJ’s loan from Farmers’ Bank of Virginia search
- Gibson, Patrick; and TJ’s loan from Second Bank of U.S. search
- Gibson, Patrick; letters to search
- Jefferson, Thomas; Business and Financial Affairs; loan from Bank of Virginia search
- Jefferson, Thomas; Business and Financial Affairs; loan from Farmers’ Bank of Virginia search
- Jefferson, Thomas; Business and Financial Affairs; loan from Second Bank of U.S. search
- Leitch, James; makes payments for TJ search
- Leitch, James; TJ’s debt to search
- Nicholas, Wilson Cary (1761–1820); and TJ’s bank loans search
- oats; purchased by TJ search
- Peyton, Bernard; and goods for TJ search
- Randolph, Thomas Jefferson (TJ’s grandson; Jane Hollins Nicholas Randolph’s husband); endorses bank notes search
- United States; Panic of1819 search
- Vaughan, John (1756–1841); TJ pays search
- Wilson, John A.; as overseer at Tufton search