Discusses a debt due him from Columbia College and the approaching presidential election. Believes the outcome of the election is "as uncertain as the cast of the die." Thinks the popular vote will be close between Cass and Taylor, yet the electoral difference may be large. Indications are Cass will get Ohio; therefore Taylor must take Pennsylvania in order to win. Fears Taylor will be "cheated out of Penna., as I was in 1844, " and thus lose. Clay thinks "deplorable consequences" may result and laments the situation.
