To James Madison from James Monroe, 6 April 1808

My expenses abroad having exceeded unavoidable [] the compensation allowed me in the station I held & the mismanagement of my estate in my absence, make it an object to me to command on loan the sum of about 10,000 dolrs. I should therefore be happy to receive the accomodation from the bank provided it would be willing to make it, on su[ch] terms as I could accept, or indeed comply with.

To enable you to answer this proposal it is necessary to give you a statement of my property, & of the security which I would pledge for the reimbursement of the money. I have in Albermarle 2500. acres of as good land as any in the county & about 30. slaves, with furniture stock &ca. I shod. suppose that my property there was worth three times the amount of the sum desired. I have in Loudon on Little river 100 ac[res] of excellent land worth, at least, the sum in question. I have a[l]so property near this place & to the westward of some value. My object is to place in trust as much of any part of this property, as would be deemed an ample security> for a loan double its amount if necessary, in such mode and [to] such person as would be desired. I should of course [] by paying interest & [] & having []. I should however [] the latter [] than the indorsem[ent] wh was to be []

In a just view [] with the President []tion I must accomplish the objects [] have in view in about [three] years & perhaps a []. The accomodation would [there]fore prove of [] great service [] that the lands [] the present note. Therefore [] I will not presume to say.

I shall thank you for information whether this arrangement is practicable. If from [] you are at liberty to use this [] will otherwise [] as to yourself doing [] I [] carrying it into fact [] Sir with great esteem very [] sert