The daily union. [volume] (Washington [D.C.]) 1845-1857, 1856-10-15

Of Mississippi county of Tunca are held and firmly bound
unto Andrew jackson, and Andrew Jackson r of the
county Of Davidson State Of Tennessee in the penal Of
hiryfour thousand dollars for which payment well and
truly to be made and performed bind myself my heirs
day sold unto A. j. SRI and A. j. jr, the three following
described sections of land lying the Mississippi river
Tunica county.
ANDREW JACKSON ST,
A. JACKSON, jra
A. KERR.
On examination did not buy, but went further south
in that year. November 1885, and made purchase of ex
Gov H. G. RuhIes of ll85 6o-l00 $40 per acre
amounting to $23,7l3 so, The deed was taken in my
name and afterwards transferred the General as can
show, in ls4o The General visited the land and wrote
follows, with other advice about its management:
HALcYos, January 8, 1870
DEAR ANDREW: arrived here this morning just before
Shutdown in the midst of floating ice since the
Mississippi. Found all we'll have taken view of the
front the land it realizes all my reColecons of it; and
believe with Capt Burner that it is the best tract on the
river, and well worth attention. etc.
Yours afeconately,
ANDREW JACKSON
1t is fact well known to all the commercial world that
from 1889 up about Is43a great panic prevailed through
this whole country disastrous in the all persons
in debt The farming interest well the mercantile
felt its influence Cotton well other articles of produce
reduced in price low scarcely worth the raising
banks were broken and suspended shnpasters were the
currency then in circulation In the midst these ac-
tions the purchase of the Mississippi place and
security debt Unfortunately my Qwn) due and
those falling due traded off and sent up to Nashville
for sale and discount short time after this publication
appeared in the Louisville Journal and other papers in
lston Gen. Jacksons poverty and breaking with re-
marks of the editor The General under these circum
stances, deemed it best to borrow Of money from
friends interest," to relieve himself and myself from pres
ent pressing difficulties hoping, when the plantation
got into full operation, that the money could be refunded
His old friend and companonn-arms Gen. J. b. Plachen
of New Orleans latter seeing the above publications. was
about the first step forward and pror loan of Sc 600
TO be drawn him through of the New Orleans banks
which gratefully accepted by the General and whose
letters the subject before Afterwards r. P
Blair of Washington city, profered loan of $4,000 as
per the following extract from his letter to the General:
WAsmsGroS, March II, 1872
Ny DEAR GENERAL Nothing in the prosperous crcum-
which you congratulate me in your last letter
gave much happiness that they in the
contribute your convenience The prosperity which
surrounded is drawn from you; when you took me
by the hand PROSTATE the earth Those for whom
had been endorser left crushed almost death IN
der the wheels Of the banks You raised up sustained
my erertons In Washington against the utgues Of pre-
tended friends your countenance and the power
Of your popularity to command the business in which
engaged and thus conferred upon the indepeud-
ence which cow enables to be of some service to ron
With heart full Of gratitude would feel Joy in sharing
to the last arhing with you all that have Ia permit
ting to advance the sum for your convenience the
ly increased by the ahectionate manner in which you
speak Of 6cy &c
Your hfectionate friend
?. B. BLAIR
would call the attention Of my readers particularly to
the above letter. in which Mr Blair with all his fore
sight and talent, guilty Of the crime Of which
be charges meyiz being unfortunate endorser and
being, he terms Il PROSTATE the earth and crushed
by the wheels Of the banks kind beneactor raised him
up and sustained him against the utgueS Of pretended
friends, and he considered favor have 1t in his
power be able in the prosperity acquired by the aid Of
this kind friend TO contribute Of his abundance 10 this
friends convenience aud the contribution Is made
means In the hands Of Mr. Blair attempt destroy the
son By publishing and msconsrpng private and oonRden-
a letters written by the father in reply the above and
others Of similar nature evidence Of bis grateful
confidence and which would h6ve been written by
the General had be doubted for one moment Mr. Bairs
sincerity, confidence and friendship OF had he thought
they would be subjected public gaze in the political
newspapers OF the day
In 1892 the first loan from Mr. Bair was obtained and
applied 70 Of the Mississippi place and other debts
In 1914 the General deemed IL advisable with myself 10
purchase valuable Of land adjoining ours on the
Mississippi which would greatly enhance the value Of our
possessions there therefore by his advice and per his let
ter OF guarantee and memoranda annexed in writing
made the purchase as follows
HERMrTA0E, June G. 1874
Mr. q. MAr-Sa Mr.. A. jackson has just informed me
that he has concluded with you contract for grants Of
land adjoining 10 and the Mississippi In
Coahoma county that there Is thousand dollars TO be
paid the first day of February 1896 and thousand
dollars tho first day Of January, 84 that for these
sums without interest, you want my guarantee for The
payment then say 10 you (for my friend, Col White
TO accept them that win become Andrew Jacksons IT,
security pay thousand dollars on the fret day OF
February 1885, and thousand dollars the first day Of
January, 1871 and will write Col White 10 accept them
am, your obedient servant
ANDREW JACKSON
The following viii show the contract and price Of the
land then purchased aforesaid:
Memoranda Of agreement for Mississippi landssl 600
In booded stock At cash valuations $4,000 IN cash or IL
equivaent $20cS in notes Of 900 each payable IN one
and years, and accepted by Mannse White; whole
amounting TO $4,000. ANDREW JACKSON in
A. HODGE co
Our tract Of land on the Mississippi river was very
heavily tmbered with emily three to four cleared Al
first and suffering several years in succession destructive
overfows that compelled to make four miles Of levee
at heavy cost The price Of cotton still very low and
we found Il impossible to meet our liabilities punctualy,
the General desired consequently after summing up all
Indebtedness amounting s21 6a5 Il memoranda oil
which the General le with me and have before me
in his hand and bis signature dated goth
January ls4b he deemed Il advisable 20 obtain another
loan accordingly the Of $4,000 was borrowed OF
pair Rves in 1885, (three years after first loan was