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The Jeffersonian cyclopedia;

a comprehensive collection of the views of Thomas Jefferson classified and arranged in alphabetical order under nine thousand titles relating to government, politics, law, education, political economy, finance, science, art, literature, religious freedom, morals, etc.;

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2099. DEBTS DUE BRITISH, Virginia Loan and.—
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2099. DEBTS DUE BRITISH, Virginia Loan and.—

A citizen of the Commonwealth [of Virginia], who is debtor to a British subject,
may lodge the money due, or any part
thereof, in the * * * loan office, accounting
sixteen pence of the lawful money of the Commonwealth,
or two-thirds of a dollar in bills of
credit there current, equal to twelve pence of
any such debt payable in the debtor's name,
signed by the commissioner of the loan office,
and delivering the same to the Governor whose
receipt shall discharge the debt. [127]
British Property Bill. Ford ed., ii, 200.


The courts held that payments under [this law] did not liquidate the debts. * * * Among those
to suffer the most was Jefferson, who had paid into
the loan-office moneys due by him to John Randolph,
Kippent & Co., and William Jones.—Note Ford