To Edmund Randolph1
January 25. 1795
I have received your letter of the 5th instant.
You will find by the inclosed extract of a letter from our Commissioners at Amsterdam,2 that reliance cannot be had on the success & the measures heretofore taken for procuring the loan at Amsterdam. It is more than possible that subsequent events may have enhanced the difficulty.
New expedients must be adopted; but in order to these it is conceived to be very material that further provision should be made by law. There is no express appropriation for reimbursing the loan which may be made, and the specific fund pledged for the interest is of very temporary duration, which may not only render the obtaining of a loan for the entire sum difficult but may expose the public Credit if one should be made.
These circumstances have in a late Report been brought into the view of Congress.3 It is hoped a further provision will be speedily made.
With great respect I have the honor to be Sir Yr Obed Ser
The Secy of State
ADf, Connecticut Historical Society, Hartford; copy, RG 46, Third Congress, 1793–1795, Messages Transmitting Reports of the Secretary of State, National Archives.
1. On February 3–4, 1795, Randolph sent a copy of H’s letter and its enclosure to George Washington (copy, RG 46, Third Congress, 1793–1795, Messages Transmitting Reports of the Secretary of State, National Archives; LC, George Washington Papers, Library of Congress). Washington submitted Randolph’s letter to the Senate and House of Representatives on February 4 (Annals of Congress description begins The Debates and Proceedings in the Congress of the United States; with an Appendix, Containing Important State Papers and Public Documents, and All the Laws of a Public Nature (Washington, 1834–1849). description ends , IV, 1173; copy, RG, 46, Third Congress, 1793–1795, Messages Transmitting Reports of the Secretary of State, National Archives).