From John Adams
AL (draft): Massachusetts Historical Society
Amsterdam August 17. 1781
The Day before Yesterday, were brought to my House, Fifty one Bills of Exchange, amounting to 40958 B. f. [Banco florins] all drawn on the 22 June 1781 at Six months Sight, on the Honble Henry Laurens Esqr, in favour of Mr John Ross.
This is a Pheenomenon which none but you Philosphers can explain, at least, I can think of but one Hypothesis, which might account for it.— It is, that they had received Information that I had gone to Vienna to make Peace,: had made it, and thereby obtained Mr Laurens’s Liberty, and his Removal to Holland,— and gone over to the Court of St James’s myself to be presented to the King of G. Britain. —Say! do I reason like one of the initiated? I am glad they made this discovery, because by this means, I am almost out of the Scrape, and should have been wholly So, had not an unlucky Letter from Mr Ross been produced, Copy of which is inclosed,5 in which Mr Ross desires Messrs Larwood Van Hasselt & Van Suchtelen “to present them for Acceptance to the Honble John Adams Esqr Representative at present from the United States at your Place, or to any of the Agents employed by him” &c.
Probably this may be, in Payment of the Debt to Mr Morris & Mr Ross which you found due to them upon Settlement.—6 However all conjectures are fruitless, as I have no Letter of Advice, or any Intimation concerning them. The Bills are drawn by Mr Hopkinson and countersignd by Mr Smith,7 like former ones, are indorsed by Mr Ross, and have all the appearances of Genuineness.—
Messrs Larwood & Co. have agreed to wait, untill I could write to your Excellency, to know whether you could pay them, and whether you would choose that I, or any other should accept them.— If you cannot pay them they must be protested, for my Loan is exactly in the State it was, when I had the Honour to give your Excellency an Account of it at Paris.—8 And although the Dutch have beat the English, they dont yet venture to lend Money to America. I have the Honour to be
His Excellency Benjamin Franklin Esqr
5. Not found. For a further description of Ross’s letter see BF to JA of Aug. 31.
6. BF had procured the consent of the other commissioners to France to pay Ross’s debts: XXXII, 286; see also XXX, 318. Some of the debts he had contracted on behalf of Robert Morris’ firm, Willing & Morris: XXVII, 273; XXIX, 378n.
7. Thomas Smith, continental loan officer for Pa.: XXVIII, 442n.
8. His Dutch loan had been an almost complete failure, attracting only three subscribers and total pledges of only 3,000 guilders: James H. Hutson, John Adams and the Diplomacy of the American Revolution (Lexington, Ky., 1980), p. 81; JA to BF, Oct. 18, below.