James Madison Papers

James Monroe to James Madison, 16 June 1826

Albemarle June 16. 1826

Dear Sir

I have faild in the sale of my lands in this county, or of any part thereof, and in consequence, being informd that there were several persons desirous of purchasing, tho’ not willing to give the price I asked, I have advertised both tracts for sale, to the highest bidder, on the 18th & 20th of the next month. My hope is to produce thereby a competition among them, and a result, satisfactory to my creditors, and useful to my family. Among my debts, is one, due, to the bank of Virga, for the arrangment of which, I am compelled, to proceed immediately to Richmond, whither, I shod. have set out this morning, had I not been prevented by the rain, which is heavy, and promises to continue. I shall hasten thence home, and after assigning the money lately voted to me, to banks & individuals, to whom it is due, return, by your house to this place, if the state of my health, which is yet good, will permit it. I did hope to have arranged my affairs here, to my satisfaction, and to have passed a day with you, on my return, but you will see, by the view presented, that it is not in my power. I shall, I trust, have more leisure, at the time specified. Very sincerely your friend

James Monroe


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