A Compilation of the Messages and Papers of the Presidents. Volume 1, part 3: Thomas Jefferson
History
A Compilation of the Messages and Papers of the Presidents. Volume 1, part 3: Thomas Jefferson
Jefferson, Thomas, 1743-1826; Presidents -- United States; United States -- History -- Sources; United States -- Politics and government
I now communicate to you a memorial of the commissioners of the city of
Washington, together with a letter of later date, which, with their
memorial of January 28, 1801, will possess the Legislature fully of the
state of the public interests and of those of the city of Washington
confided to them. The moneys now due, and soon to become due, to the
State of Maryland on the loan guaranteed by the United States call for
an early attention. The lots in the city which are chargeable with the
payment of these moneys are deemed not only equal to the indemnification
of the public, but to insure a considerable surplus to the city to be
employed for its improvement, provided they are offered for sale only in
sufficient numbers to meet the existing demand. But the act of 1796
requires that they shall be positively sold in such numbers as shall be
necessary for the punctual payment of the loans. Nine thousand dollars
of interest are lately become due, $3,000 quarter yearly will continue
to become due, and $50,000, an additional loan, are reimbursable on the
1st day of November next. These sums would require sales so far beyond
the actual demand of the market that it is apprehended that the whole
property may be thereby sacrificed, the public security destroyed, and
the residuary interest of the city entirely lost. Under these
circumstances I have thought it my duty before I proceed to direct a
rigorous execution of the law to submit the subject to the consideration
of the Legislature. Whether the public interest will be better secured
in the end and that of the city saved by offering sales commensurate
only to the demand at market, and advancing from the Treasury in the
first instance what these may prove deficient, to be replaced by
subsequent sales, rests for the determination of the Legislature. If
indulgence for the funds can be admitted, they will probably form a
resource of great and permanent value; and their embarrassments have
been produced only by overstrained exertions to provide accommodations
for the Government of the Union
TH. JEFFERSON.
JANUARY 12, 1802.
_Gentlemen of the Senate_:
I now communicate to you a letter from the Secretary of State inclosing
an estimate of the expenses which appear at present necessary for
carrying into effect the convention between the United States of America
and the French Republic, which has been prepared at the request of the
House of Representatives.
TH. JEFFERSON.
JANUARY 27, 1802.
_Gentlemen of the Senate and of the House of Representatives_:
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