University of Virginia Library

7057. PROPERTY, Sale under execution.—

The immensity of this [Virginia] debt
[to British creditors] was another reason for
forbidding such a mass of property to be
offered for sale under execution at once, as,
from the small quantity of circulating money,
it must have sold for little or nothing,
whereby the creditor would have failed to
receive his money, and the debtor would have
lost his whole estate without being discharged
of his debt. [406]
Report to Congress. Washington ed. ix, 241. Ford ed., iv, 127.
(P. 1785)

See Debts Due British.

 
[406]

Report of Conference with Count de Vergennes,
Foreign Minister of France, respecting commerce.——Editor.