Statesman, three time presidential candidate, known as “the Great Compromiser,” for his support of the Union prior to the Civil War. ALS signed “H. Clay,” one page, 8 x 9.75, May 11, 1821. Letter concerning a legal matter. In part, “I have this moment received your letter stating your expectation to obtain a mortgage…If you can procure a sufficient security in that mode, it is certainly better than to encounter the hazard of a recovery of the debt by suit. The Federal Court excuses jurisdiction in all cases under $500, as well as above, with the difference that the costs are not ordinarily recoverable where the demand is less than $500.” In very good condition, with paper loss to top edge, reinforced with a piece of white cardstock, scattered toning and soiling, expected folds and all writing and signature bold and legible. R&R COA.