Sale 306


 
Lot 1006

Jefferson, Thomas (1743-1826), Third President of the United States.

Free-franked "free Th. Jefferson Pr. US" on outer leaf with inner leaf broadside concerning the Embargo duly signed, circular mailed to New Gloucester Mass. with rimless "Washington City Oct 16" postmark and matching "Free" handstamp; outer leaf with minor erosion mostly along folds, toning mostly affecting outer leaf, Very Fine.
Estimate 15,000 - 20,000

AN IMPORTANT DOCUMENT COMMUNICATING THE REASONS FOR THE CURRENT EMBARGO TO AVERT THE IMPENDING WAR.

The circular is a response to citizens of Gloucester "who have declared their approbation of the present suspension of our commerce, and their dissent from the representation of those of the same place who wished its removal." Following is an explanation of the differing factions is presented, "Of the several interests composing those of the United States, that of manufacturers would of course prefer to war, a state of non-intercourse, so favorable to their rapid growth and prosperity. Agriculture, although sensibly feeling the loss of market for its produce, would find many aggravations in a state of war. Commerce and navigation, or that portion that is foreign, in the inactivity to which they are reduced by the present state of things, certainly experience their full share in the general inconvenience…" And an overall summation of "The Embargo, giving time to the belligerent powers to revise their unjust proceedings, and to listen to the dictates of justice, of interest and reputation, which equally urge the correction of their wrongs, has availed our country of the only honorable expedient for avoiding war: and should a repeal of these Edicts supersede the cause for it, our commercial brethren will become sensible that it has consult their interests, however against their own will."


 
Realized $19,000



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