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Statement B: [Payments by Willink, Van Staphorst and Hubbard to Individuals], 13 February 1793

Statement B.

Statement, shewing the respective payments which have been made by William and John Willink, Nicholaas and Jacob Van Staphorst and Hubbard, in Amsterdam, to individuals, upon the several loans made in Holland, on account of the United States.


Florins. st. d
1791.
Febry. 1: Payment of 54 premiums drawn in the lottery, agreeably to the terms of contract, of the 4 per cent loan of 2.000.000. florins12 (a) 90.000.  
Interest due this date on the said loan, at 4 per cent (a) 80.000.  
Ditto on the loan of 3.000.000 florins, commencing the 1st February 1790,13 at 5 per cent (b) 119.783. 6.
June. 1: Ditto on the loans of 7.000.000 florins at 5 per cent14 (a) 350.000.  
1792
Febry. 1: Ditto on the loan of 2.000.000 florins at 4 per cent (a) 80.000.  
Ditto on the loan of 3.000.000 florins, commencing on the 1st. of February 1791, at 5 per cent 150.000.  
Mar: 1st: Ditto on the loan of 2.500.000 florins, commencing on the 1st March 1791,15 at 5 per cent (b) 119.879. 4
June 1st: Ditto on the loans of 7.000.000 florins at 5 per cent (a) 350.000.  
Sept. 1st. Ditto on the loan of 6.000.000 florins, commencing on the 1st. September 1791,16 at 5 per cent (b) 294.566.13
Decr. 1st. Ditto on the loan of 2.050.000 florins,17 made at Antwerp, at 4½ per cent 92.250.  
1793.
Janry. 1st. Ditto on the loan of 3.000.000 florins, commencing on the 1st. January 1792,18 at 4 per cent (b) 106.709.19. 8.
1.833.189. 2. 8.

Note: (a) These loans were negociated under the late Government.

(b) The interest payable upon each of these loans, at the expiration of the first year, was not due upon the entire capital borrowed, but in proportion to the time, in which the loans were completed.

The sum of 1.833.189 florins, 2 Stivres and 8 deniers, here stated, is the same as reported to the House by the Secretary, on the 3d. instant,19 in the Statement No. I.

Alexander Hamilton,
Secretary of the Treasury

12The Holland loan of 1784. For a description of this loan, see H to Short, September 1, 1790, note 22.

13The Holland loan of 1790. For a description of this loan, see H to Willink, Van Staphorst, and Hubbard, November 29, 1790, note 1. Although this loan was not formally authorized by the United States until August, 1790, the Dutch bankers had opened negotiations for it in January, 1790. See Willink, Van Staphorst, and Hubbard to H, January 25, 1790; H to Willink, Van Staphorst, and Hubbard, August 28, 1790.

14This is a reference to the Holland loans of 1782, 1787, and 1788. For descriptions of these loans, see Willink, Van Staphorst, and Hubbard to H, January 25, 1790, note 15, and H to Short, September 1, 1790, notes 24 and 25.

15The Holland loan of March, 1791. For a description of this loan, see Short to H, February 17, 1791.

16The Holland loan of September, 1791. For a description of this loan, see Short to H, August 31, 1791.

17The Antwerp loan of 1791. For a description of this loan, see Short to H, November 8, 1791, note 4, and November 12, 1791.

18The Holland loan of December, 1791. For a description of this loan, see Short to H, December 23, 28, 1791.

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