From George Washington to Richard Conway, 4 March 1789
To Richard Conway
Mount Vernon March 4th 1789
Dear Sir,
Never ’till within these two yrs have I experienced the want of money. Short Crops, & other causes not entirely within my Controul, make me feel it now, very sensibly. To collect money without the intervention of Suits (and those are tedious) seems impracticable. And Land, which I have offered for Sale, will not command cash but at an under value.
Under this statement I am inclined to do what I never expected to be reduced to the necessity of doing—that is, to borrow money upon interest. Five hundred pounds would enable me to discharge what I owe in Alexandria &ca; and to leave the State (if it shall not be permitted me to remain at home in retirement) without doing this, would be exceedingly disagreeable to me. Having thus fully & candidly explained myself—permit me to ask if it is in your power to supply me with the above, or a smaller sum? Any security you may best like, I can give; and you may be assured, that it is no more my inclination, than it can be yours, to let it remain long unpaid.1 Could I get in one fourth part of the money which is due to me by Bonds—or sell any of the landed property which I am inclined to dispose of, I could do it with ease; but independently of these—my Crops and Rents if I am tolerably successful in the first, or have common justice done me in the latter would enable me to do it. Your answer will much oblige—Dr Sir Yr most Obedt Servt
Go: Washington
ADfS, NNPM; LB, DLC:GW. The letter-book copy was apparently made from an earlier draft, now missing, and minor changes in wording have been inserted above the line to make the letter book agree with the receiver’s copy.
Richard Conway (died c.1808) was an Alexandria merchant and shipowner who often commanded merchant vessels on the Potomac River. Conway was a justice of the peace for Fairfax County in 1787.
1. See GW to Conway, 6 Mar. 1789.