Bernard Peyton to Thomas Jefferson Randolph
Dr Jefferson, | Richd 8 July 1824 |
My last will have put to rest your fears about the Wm & Mary interest, the note you sent me was filled up with $720 Dolls:, & discounted at the farmers Bank, $700 Dolls: of which I instantly placed at the credit of Mr. Christian, on that a/c, & advised him of it, both privately & by mail, the balance some seven or nine dollars, I will pay him on sight, when I know what it is exactly—this note will be due on the 1st: of Sept., & I have pledgd myself, that a renewal of it will not be asked—
The $1,400 Dollar note was renewd again, at the Va Bk:, which I determined to try, first, & if I failed, then to put it in the Farmers Bk:, where nothing is certain, & I am always afraid to rely on them, & do not, if I can avoid it—
I yesterday paid a dft, of yours, to P. Minor, for $200 Dolls:—& one of your grand Father’s, for $175 Dolls:, which makes his balance $1,650 Dolls:—he says in a letter to me, that part of the Tobacco sold1 is for his benefit, & will lessen this balance:—I have credited the whole to you, & more than exhausted it in payments, on your a/c, already:—however, you understand all this better than either of us—
Don’t let your Father forget his $1600 Dollar note, at Virginia Bank, again, & the interest, the last I was obliged to pay, to save it from protest, & he tells me that, as well as what he before was due me, for money issued, say $200 Dolls, will be liquidated thro’ you※, & requested me to mention it to you:—it the note is due the 24/27th Instant:—
We have not dull times, wheat 100¢ deliverable in July & August—new Flour $6 @ 6½ at retail, none for exportation, old none—