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MONROE, JAMES, President. Autograph letter signed ("Jas Monroe") to Fenton Mercer, Richmond, [Virginia], 24 March 1808. 1 1/2 pages, 4to, 249 x 205mm. (9 7/8 x 8 in.), two small fold tears, one repaired, the two leaves neatly separated at central fold. A letter written shortly after Monroe's Republican supporters boycotted the Republican Party caucus, ensuring James Madison's nomination. Monroe had served, since 1803 as Special Envoy (to negotiate the Louisiana Purchase), Minister to Great Britain (where he failed to negotiate a treaty on impressment) and traveled to Spain to settle Florida's boundaries. His personal finances had deteriorated. Here, Monroe requests that Mercer, a son of John F. Mercer, Monroe's college friend, promptly repay a loan to him: "To enable me to leave London...I was forced to pay...#250...before my departure...I borrow'd that sum & am much distressed for the want of it, having a much greater one to pay for expenses incurr'd while I was abroad. My estate also having been badly managed in my absence makes the inconvenience the greater...I...hope that you will be able to reimburse me that sum without delay. I sho[ul]d not request it under other circumstances. My acc[oun]t with your father's estate is I think rather more than paid...I felt great concern at leaving the country, before the payment of the debts...It will give me pleasure to hear of your success in your profession, that the acquisition which you made on the Khanawha [Kanawa River] was an advantageous one, & that in all things your prospects are as advantageous as my friendship for your late estimable father..."

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MONROE, JAMES, President. Autograph letter signed ("Jas Monroe") to Fenton Mercer, Richmond, [Virginia], 24 March 1808. 1 1/2 pages, 4to, 249 x 205mm. (9 7/8 x 8 in.), two small fold tears, one repaired, the two leaves neatly separated at central fold. A letter written shortly after Monroe's Republican supporters boycotted the Republican Party caucus, ensuring James Madison's nomination. Monroe had served, since 1803 as Special Envoy (to negotiate the Louisiana Purchase), Minister to Great Britain (where he failed to negotiate a treaty on impressment) and traveled to Spain to settle Florida's boundaries. His personal finances had deteriorated. Here, Monroe requests that Mercer, a son of John F. Mercer, Monroe's college friend, promptly repay a loan to him: "To enable me to leave London...I was forced to pay...#250...before my departure...I borrow'd that sum & am much distressed for the want of it, having a much greater one to pay for expenses incurr'd while I was abroad. My estate also having been badly managed in my absence makes the inconvenience the greater...I...hope that you will be able to reimburse me that sum without delay. I sho[ul]d not request it under other circumstances. My acc[oun]t with your father's estate is I think rather more than paid...I felt great concern at leaving the country, before the payment of the debts...It will give me pleasure to hear of your success in your profession, that the acquisition which you made on the Khanawha [Kanawa River] was an advantageous one, & that in all things your prospects are as advantageous as my friendship for your late estimable father..."
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