Thomas Jefferson Papers

Thomas Jefferson to Thomas Mann Randolph, 1 May 1820

To Thomas Mann Randolph

Monticello May 1. 20

Dear Sir

In my letter of Apr. 10. on the subject of the loan of 40, thousand dollars to the Visitors of the University, I stated that they would prefer obtaining the remaining 20,000.D. which they were authorised to borrow, from the Literary fund also rather than from any other. I beg leave to recall the attention of the Directors of that fund to this proposition, and to ask their determination, as we cannot venture to make the necessary contracts until we are sure of obtaining funds to carry them into effect. if we can be sure of recieving the money a twelve month hence, it would be more advantageous to the University, as saving a year’s dead interest; but if that delay would render the reciept uncertain we must yield to that sacrifice by recieving it1 whenever it shall be most convenient for the Literary fund.

I tender to yourself and the board of Directors the assurance of my high consideration

Th: Jefferson

RC (DLC); addressed: “His Excellency Thomas M. Randolph President of the board of Directors of the Literary fund Richmond”; endorsed by Randolph, with his additional notation: “Rector of University.” PoC (ViU: TJP); on verso of reused address cover of Archibald Stuart to TJ, 28 Jan. 1820; endorsed by TJ as a letter to the “Literary board.” Recorded in SJL as a letter to Randolph, with bracketed notation: “Lity board.”

1TJ here canceled “imme.”

Index Entries

  • Literary Fund; and loan for University of Virginia search
  • Randolph, Thomas Mann (1768–1828) (TJ’s son-in-law; Martha Jefferson Randolph’s husband); as Literary Fund president search
  • Randolph, Thomas Mann (1768–1828) (TJ’s son-in-law; Martha Jefferson Randolph’s husband); letters to search
  • Virginia, University of; Board of Visitors; and loans for University of Virginia search