James Madison Papers

From James Madison to John Francis Mercer, [11 August] 1803

To John Francis Mercer

[Montpelier 11 August 1803]

In the last interview which I had … with you in Washington on your return to Annapolis, you requested me to state the facts on which you might liquidate the balance between us. This I did not do until my return home had brought my papers under my inspection. On looking into them there I find that the original debt is evidenced by a promissory note from you for $600.00 … dated October 11, 17831 and by a bill of exchange on you.… In your favor I recollect a payment in Richmond probably in the year 1784 for about £100 currency of this state; to which is to be added $350.00.… If these items be defective we will be able to correct them.

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