Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1856-10-09

debts, and there only remains due the INSTALL
ments upon the plantation upon the Mississippi,
which is now in productive state, and will in
q few years pay all liabilities.
But the means to meet the future instalments
on the place we were obliged to use, to meet
those swindling debts brought on Andrew by
clique of sharpers, and some Of the nstalments
become due before another crop. Now, my dear
Mr.. Blair, if you have the money to lend, we
will on an interest of six per cent, or on seven
take as much as will meet the pressing de-
nands that may present themselves. But, my
dear sir, unless the loan proposed, paying in.
terest annually, would be as profitable 10 you as
any other you could make Of it, would not re-
lceiye it-I have never injured friend in pecu-
fniary matters, ~ otherwise, and sill ndYaF6o
it for the short time have to live. wish you,
with the candor of friend, to say to me whett-
er you have money to invest upon interest and
for what length of time you could loan it, re-
cciving the interest the first year, and the prin-
cipal and interest by instaments. The loan Sc
cured by personal or real security, undoubted, to
cover it, we would freely give seven rer cent.
interest on a loan for three years or four. On
the receipt of this please write mel cannot
borrow Of IL friend unless upon just terms TO him.
81 am, as usual, sincerely your friend,
"ANDREw JACKSON"
II, IIrnu,r.o, I'll 1910
"My dear Sir n | accept Of
) the loan you have generously offered mc-a lib
erality and friendship which will cherish in
, my bosom as long as life lasts, and bequeath it
9 to my adopted children 1t shall be secured in
: such way, that life or death, nor all the ca
e lamities that may bcfa nation or individual
. except earthquakes, cannot deprive you Of your
principal and interest, and should live, you
t shall receive it with that punctuality that |
have always met borrowed money This loan
+ will enable me to meet all Andrews liabilities,
+ and the annual crop will meet this loan, with
d surety. even at the present low price Of cotton
place me at ease, and secure to him and his
h tune. | sincerely thank you for
is the terms Of six per cent. interest no such in
is diligence could be here obtained, and this shows
- the friendship and lbcraliy OF the act. ="
' Your friend ANDREW JACKSON"
1t Mr.. Rves united with me, that the loan
m might not bear on one alone and to carry out
Is the design that the debt should never be bur.
ct den to Gen. jackson. We authorized him tt
y draw for the sum he wanted. From the ac
to count which Andrew at first gave of his com
: mitments, he supposed $4,000 would be suif
10 cent, but some time after it was discovered tina
u his FIRST schedule of dobts disclosed little NOR,
ct than half of'them, and that the provision whcl
Sc he had made for paying for the plantation fo
rs Andrew was absorbed in meeting his old obllga
Of TONS Eight thousand dollars more were thel
ID advanced, and the proceeds of the MississpE
t. plantation, well supplied with hands, were Sc
Sc apart for the gradual extinction of the loan.
IT, 1t was most ample provision, but it was ne
tie under the Generals eye, and was entrust d
failure, and the General then ordered the pla
n tation to be sold and his hands brought back,
at 1t was sold for sum which would have exit
lal guishcd all the Generals obligations, includir
in the loan but his death having left the dispos
ed Of the means with Andrew, Instead Of emplo
lev ing them as directed, and as he promised NJ
p;ro, ba vvnulA ,rLnp bo ob,,ipoI roIooco
er. the mortgage to dispose of the Plantation,
ON diverted them to the purchase Of an iron work
his in which he both sunk the Mississippi pantati
ion and created new debts, exceeding fifty thousal
on. dollars. fIe then wrote to me that Mr.. Was
to ington, from whom he had borrowed We
Ills large sum, secured by l deed of trust on t
self Hermitage and the negroes, (second to th'
,rs held by Mr. Riyes and myself) was presSir
ON for the sale Of the property, and requested
,nb to write letter to prevail with the Legislatu
o,s Of Tennessee to purchase so much OF the csta
MS wonld liberate him from debt. | address,
low such letter to him, putting my interest IN
and that of Mr. Rivcs entirely at the dispos
;n> of the Legislature, and wrote another addresS'
hor to the Hon Cave johnson, for the purpose
-he being put into the hands of the members oil I'll
,i,, legislature. Mr. johnson replied
,avI NASHVILLE, Nov. g. 1855.
md Dear Sir; ! received your letter some Il
ted days ago, and delayed reply, hoping to
his able to give you some precise information
5ht relation to our movements here Nv **F hi
raj united with me very earnestly before we /
rad ceived your letter. in trying to enlist members
his the cause--** NAN was delighted with your Il
lc ter, and | have placed it i'll the hands of e,
Nixon, devoted friend of Gen jackson, p,
!. sonally and politically, and representa-
;. | from the county Of Lawrence-Col. Travis
ary representative from Henry, enters into our p
ant jects with all his soul but must confess IL
md have but little hopes Of success
,ar p" | am sincerely and truly your friend,
Gave JOHNSON. y
ecu 1t did succeed, however. The legislatr
per- voted $50 GOO for five hundred acres to inclu
rom the Tomb and Hermitage On this Mr.. Ja'
ence son sent me II schedule Of his debts, showi
| Sc that, including the loan to Blair and Rv
and they amounted to $72,500; and after su
dol ming up his means after the sail of the rema
the der of the estate, he adds I" Thus you "
two perceive shall scarcely get out of debt, wi
fifty out you and my friend Mr.. Rives will cons
,uld to only receive the principal of your debt
,ers, present and let me work out the balance
they God spares me in kind Providence to do so
oeen not, make it over my wife and children,
her. my kind friend Mr.. Blair, Il call you th
d to for you and Mr. Rives have proved yoursel
:. at truly so in all my difficulties in not pressing