John Jay Papers
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https://founders.archives.gov/documents/Jay/01-01-02-0278

To John Jay from Silas Deane, 6 October 1777

From Silas Deane

Paris October 6. 1777.

My Dear Sir,

I am sorry to find by your Letter by Capt Young the only Letter I have recd. from you since I left America that you are not in Congress—1 I doubt not you are wanted in other Departments, but can no where be of greater Service to your Country than in that Body at this critical period; you will undoubtedly be acquainted with the substance of what we write Jointly, will not therefore venture on particulars as to the politicks here— Europe appears interested in our Success; and France & Spain continue to Arm, yet the dread of a Continental War which they know not how far it may extend when once kindled, with many Circumstances arising from the state of Finances, Alliances &c., has hitherto prevented our obtaining any thing decisive— There is not a State in Europe, Holland & one or two at most excepted, but what are involved in Debt & it seems as if it had been the Study of the Ministry of every Court to increase their Debts & Expences rather than to lessen them— The Question is not how large a Capital they can discharge but how much Interest they can possibly discharge Annually & calculate their Publick Expences & Exactions on the Subjects accordingly the Publick Lenders as well as borrowers of money, have lost sight of the principal & attend only to the certain payt of the Interest, on this it is that Great Britain supports the present War, a punctual payment of Interest gives Credit for more Loans, tho no one believes the Kingdom able to answer the Capital, should it be demanded—

I have wrote you many Letters most of which I fear have miscarried, I shall however continue to write by every direct Opportunity. Your Brother is now at Spa, in Germany from whence he wrote me a few Weeks since2 you must be careful how you put too much Confidence in No. 1 & No. 2 as there are many ways I find, of Discovery— I will write you again soon, meantime am &c.

SD—

John Jay Esqr

LbkC, CtHi (EJ: 2880).

1The letter delivered by Captain John Young (d. 1781), commander of the Continental sloop Independence, has not been found. Young carried dispatches dated from May to July 1777 (PBF description begins William B. Willcox et al., eds., The Papers of Benjamin Franklin (New Haven, Conn., 1959–) description ends , 24: 253n). JJ again reported his absence from Congress in his letter to Deane and Franklin of 5 Jan. 1778, below.

2James Jay’s letter to Deane has not been found.

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