Thomas Jefferson Papers

Bernard Peyton to Thomas Jefferson, 1 January 1824

From Bernard Peyton

Richd 1st Jany 1824

Dear Sir,

I hand herewith your quarterly , to1 31st: ulto:, shewing a balance against you of $2066.48,—You will observe the balance due me on last rendd, to 6 Octr, is stated at $1334.78, it should have been $1334.98, as you will see, by an error of addition, of 20¢, in that

Your favor of the 28 ulto:, together with the enclosures, are recd, & I have this day pd your dft:, for $200, favor Wolfe & Raphael, & will pay, when presented, the dft: to Leitch, which will swell your balance to $2,330.98 Dollars, and which I regret much to be compeld to ask payt of, to assist me in raising a large sum of money, the last of this month, to make up the amt of the instalment, then due, on Preston’s debt to the commonwealth, which his resources have been2 unable to meet, because of the impossibility of effecting sales of real estate, & to fail in meeting it, on the day it is due, would be fatal to me, under these circumstances, which do not admit of disappointment, or postponement, hope you will see a sufficient apology for my request.

Flour is going down to nothing, sales at $5⅛, sixty days, & $5 Cash, as much as can be had for it, & at that price even, there are few or no purchasers—   I have this day sold what I have of yours & Jeffersons’3 at the former price, to a safe House—sales will be rendd hereafter

Yours very Truly

B. Peyton

RC (MHi); addressed: “Mr Jefferson Monticello near Charlottesville”; franked; postmarked Richmond, 1 Jan.; endorsed by TJ as received 4 Jan. 1824. Enclosure not found.

jeffersons’: Thomas Jefferson Randolph’s.

1Peyton here canceled “date.”

2Manuscript: “bein.”

3Preceding two words interlined.

Index Entries

  • flour; at Richmond search
  • flour; price of search
  • flour; sale of search
  • Jefferson, Thomas; Business & Financial Affairs; sells flour search
  • Leitch, James; TJ pays search
  • Peyton, Bernard; account with TJ search
  • Peyton, Bernard; and TJ’s flour search
  • Peyton, Bernard; as surety for J. Preston search
  • Peyton, Bernard; letters from search
  • Peyton, Bernard; payments made for TJ search
  • Preston, John (d.1827); andBaker v. Preston search
  • Randolph, Thomas Jefferson (1792–1875) (TJ’s grandson; Jane Hollins Nicholas Randolph’s husband); and flour search
  • Richmond, Va.; flour prices at search
  • Virginia; treasury of search
  • Wolfe & Raphael (Charlottesville firm); TJ pays search