Jun 21, 2016 - Sale 2420

Sale 2420 - Lot 250

Price Realized: $ 250
?Final Price Realized includes Buyer’s Premium added to Hammer Price
Estimate: $ 250 - $ 350
(PRESIDENTS--1802.) Mercer, John F. A letter to James Madison re Maryland stock crisis. Autograph Letter Signed as governor of Maryland to Secretary of State James Madison. One page, 9 1/2 x 7 3/4 inches; edge-mounted on verso to an early sheet. Annapolis, MD, 22 May 1802
Set Alert for Similar Items

Additional Details

Mercer writes to future president Monroe about an ongoing controversy regarding Maryland's bank stock and the settlement of the young nation's war debts. Mercer passes on a rumor regarding a decree from England's chancellor on the subject, noting that "ill success on the part of the State in this decree woud require farther & immediate steps." He requests "some communication (perhaps an unofficial one woud be best) respecting the foundation of these reports." Published in The Papers of James Madison: Secretary of State Series, page 2:381, when it was the property of Michael A. Jernakoff of San Francisco.