Report on Foreign Loans1
January 3d. 1793.
[Communicated on January 4, 1793]2
In obedience to an Order of the President of the United States, I have the honor to transmit sundry Statements, No. 1, 2, 3, 4, respecting the several foreign Loans, which have been made under his authority, by the United States, shewing, in conformity to the resolution of the House of Representatives of the 27th of December,3 as far as the materials in the possession of the Treasury will now permit, the several particulars specified in that resolution; these Statements will equally fulfil the object of the Resolution of the House of the 24th of December.4
With perfect respect, I have the honor, to be, Sir, Your most obedient and Humble Servant,
The Honorable the Speaker
of the House of Representatives.
Copy, RG 233, Reports of the Treasury Department, 1792–1793, Vol. III, National Archives.
1. A supplement to this report was sent to the House of Representatives on January 10. See “Report on Foreign Loans. Supplementary Statement Showing the Sums Borrowed in the United States,” January 10, 1793.
3. The House “Resolved, That the President of the United States be requested to cause this House to be furnished with a particular account of the several sums borrowed under his authority, by the United States; the terms on which each loan has been obtained; the applications to which any of the moneys have been made, agreeable to appropriations; and the balances, if any, which remain unapplied. In this statement it is requested that it may be specified at what times interest commenced on the several sums obtained, and at what times it was stopt, by the several payments made” (Journal of the House, I description begins Journal of the House of Representatives of the United States (Washington, 1826), I. description ends , 655).
4. The House “Resolved, That the Secretary of the Treasury be directed to lay before this House an account of the application of the moneys borrowed in Antwerp and Amsterdam, for the United States, within the present year” (Journal of the House, I description begins Journal of the House of Representatives of the United States (Washington, 1826), I. description ends , 653).