Thomas Jefferson to Patrick Gibson, 29 May 1819
To Patrick Gibson
Monticello May 29. 19.
Dear Sir
Your favor of the 20th is recieved, and I now inclose three notes for renewal in the banks. not knowing exactly the amount of each after the curtailments which have taken place, I send them blank, but will thank you for information of the present amount of each. to the 1244.25 in your hands will be speedily added the amount of 17. barrels of flour the last remaining on hand here and going to you with the first tide, & about 3000.℔ tobo from Bedford already or immediately to be sent down. in the mean time I authorised mr Darmsdat to call on you for fish furnished me the last and present year, about 180.D. I suppose. and having other calls amounting to about 1500.D. pressing on me, I have by letter to mr Nicholas of this day desired him to pay over to you the balance of the note in the Farmer’s bank supposed about 968.D. I shall have funds here coming in in time to replace the 1000.D. note in the bk US. for which mr Nicholas had proposed to retain that.
On this basis therefore I must pray you to remit 432.25 to messrs Leroy & Bayard, the interest of my last instalment to them which they permit to lie over: and I shall immediately draw on you for 1000.D. in favor of James Leitch. I am in hopes mr Vaughan has been able to dispose of a bill on you for the 800.D. and therefore have sent him instructions as to the disposition of that sum. the present aspect of things is awful, and I greatly fear that men of good property will be involved in the losses of those who were trading on fictitious capital, if those can be said to lose who never had anything. affectionately yours.
Th: Jefferson
PoC (MHi); on verso of reused address cover of Gibson to TJ, 8 May 1819; with one number rewritten by TJ for clarity; at foot of text: “Mr Gibson”; endorsed by TJ. Enclosures not found.
Index Entries
- Bank of the United States, Second, Richmond branch of; TJ’s loan from search
- Bank of Virginia (Richmond); TJ’s loan from search
- Darmsdatt, Joseph; and fish for TJ search
- Darmsdatt, Joseph; TJ pays search
- Farmers’ Bank of Virginia (Richmond); TJ’s loan from search
- fish; TJ purchases search
- flour; transported to Richmond search
- Gibson, Patrick; and payments made for TJ search
- Gibson, Patrick; and TJ’s flour 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; and TJ’s tobacco search
- Gibson, Patrick; letters to search
- Jefferson, Thomas; Business and Financial Affairs; account with J. Leitch 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
- Jefferson, Thomas; Business and Financial Affairs; payments to J. Darmsdatt search
- Jefferson, Thomas; Opinions on; financial speculation search
- Leitch, James; TJ pays search
- LeRoy, Bayard & Company (New York firm); and TJ’s debt to N. & J. & R. van Staphorst search
- Monticello (TJ’s Albemarle Co. estate); flour from search
- Nicholas, Wilson Cary (1761–1820); and TJ’s bank loans search
- Poplar Forest (TJ’s Bedford Co. estate); tobacco grown at search
- tobacco; grown at Poplar Forest search
- tobacco; transported to Richmond search
- United States; Panic of1819 search
- Vaughan, John (1756–1841); and payments made for TJ search
- Vaughan, John (1756–1841); TJ pays search