To William Augustine Washington
Mount Vernon Augt 27th 1806
My dear Sir
I am much gratified by the visit which my nephew has made me, as well as with his improvement in every respect. I doubt not that his future progress in life will Justify the expectations which, from present Appearances, his friends may fairly entertain of him.
The price you ask for Haywood is certainly very low, and should you not be able to obtain it, it will demonstrate as strongly as any fact whatever the scarcity of mony, or rather the extreme depression in value of all landed property at this time. This however must certainly be temporary, and therefore ought to disincline those from selling at present, who are not under a strong necessity to do so. Indeed it is a subject of very serious consideration whether in this country it is prudent to convert real into personal property. The former must continue to encrease in value— descending to ones children, it is less liable to be dissipated by the young & thoughtless owner— On a man's decease, the law makes a disposition of it very different from what it makes of the other kind, and should any disaster befall the Government, it forms a more permanent part of our property than either the public funds, or private security.
The only objection to your estate is its situation, and this, I fear, will always depreciate its value more than it ought to do. I nevertheless think that its great fertility, together with many other advantages which it possesses, will enable you to dispose of it for a good price, so soon as landed property generally rises from its present state of depression. Should your wish to sell continue, I will mention it to those I may meet with, who seem likely to become purchasers. I hope however that you will eer'1 long be relieved from the necessity of taking this Step by meeting with some person who may desire to own Rockhill. It will be surprising if the great advantages of that place should much longer fail to attract the attention of monied Men.
I met with Mr Robinson some time ago in Alexa., and found him obstinately determined to resist your claim agt him, so that I fear you will be compelled to proceed to the disagreable alternative of a Suit. He has sent me a copy of your deed to him, and has forbidden us to pay any part of the Sales to which he is entitled to any but himself. I do not believe that he claims any of the Sales in right of his wife, made after her death.
I shall state my opinion respecting Bushrods intended exchange in my letter to him, to which, I beg to refer you.
When next we go to Washington, we shall with great pleasure visit Rockhill. It was not in our power to do so as we came from Bladensburg.
Mrs W. unites with me in best respects to Mrs W. yourself & Sally & believe me my dear Sir very sincerely & affectionately yrs
Bush. Washington
ALS, NjMoHP. The cover was addressed to the Colonel at "Rock hill."
1. Possibly meant to be "ere" as in "before."