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As President, he signs an 1829 autograph letter to a Tennessee neighbor, explaining that he has neither the desire nor the financial means to purchase an offered parcel of land adjacent to his own.

Sale Price $5,312.50

Reg. $6,250.00

Condition: lightly creased, lightly soiled
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As President, he signs an 1829 autograph letter to a Tennessee neighbor, explaining that he has neither the desire nor the financial means to purchase an offered parcel of land adjacent to his own.
Autograph Letter Signed: "Andrew Jackson" as President, 1 page, 8x10. Washington, 1829 September 3. To Captain Peter Mosely. In full: "Being absent from this city at the Rip Raps for the benefit of my health I did not receive your letter until my return on the first instant and I hasten to answer it the first leisure moment that has occurred. I regret to say to you, that my monied concerns are not in a situation to purchase your land, I am sorry to be compelled to say to you, that my expense is equal to all my means, & it is out of my power to loan you the sum wanted. The land you propose selling; that part where McCulla lived, would not suit me; If I had the means to buy, I would buy that north of my tract, say 150 acres at a fair price, but as yet, I have not the means. Present me affectionately to your family & all my good neighbours & believe me, yr friend." Holograph postscript: "P.S. My health has much improved. A.J." Integral address leaf franked as President: "Free Andrew Jackson", postmarked "CITY OF WASHINGTON/SEP 4" and "FREE". Addressed by President Jackson to: "Captain Peter Mosely/Near the Fountain/of health-/Wilson County/Tennessee". When the former war hero became President on March 4, 1829, just six months before writing this letter, he was in poor physical health. Jackson suffered from tuberculosis and still carried bullets in his body from duels. He was also depressed over the death of his beloved wife, Rachel, who had died just as they were planning to leave for Washington for his inauguration. Financial difficulties had also plagued Jackson throughout his life. While a Congressman, he was involved in land speculation with partners who went bankrupt and he narrowly escaped debtors' prison. This resulted in his distrust of banks and paper money, but his financial woes were also compounded by the debts of his spendthrift adopted son, Andrew Jackson, Jr. Although Jackson and his wife had no children of their own, they had adopted the boy, Rachel's nephew, and raised three more of her nephews and an orphaned Creek Indian boy. Jackson's health and finances continued to trouble him for the rest of his days. After leaving office after two terms to return to his home, the Hermitage, he had to borrow money to keep the plantation going. Folds with separations that have been expertly repaired on verso of the text. These defects affect 6 words at one area and 4 words near right edge. Vertical fold touches the "J" and "n" in Jackson. Stray contemporary blue ink mark touches 1 letter. Worn and chipped edges. Lightly stained, lightly soiled. The address leaf is stained and the separations of the folds of the address panel are repaired on verso. The leaf is lightly creased. Mounting strip along blank right edge, nicked at blank left edge.

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