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    • Hamilton, Alexander
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It is thought expedient to take measures for obtaining a loan in Holland of three millions of florins; though it should not be obtainable on lower terms than five per cent interest and four per cent charges. With a view to this, and not expecting your presence at the Hague, at the time this letter shall reach Holland, I have addressed the requisite instructions for the purpose, immediately to...
[ Philadelphia, May 23, 1793. The catalogue description of this letter reads: “Introducing Major Jackson to the United States Minister at the Hague.” Letter not found. ] ALS , sold by Stan V. Henkels, Jr., October 9, 1914, Lot 774. William Jackson, who had served as secretary of the Constitutional Convention in 1787 and as George Washington’s secretary from 1789 to 1791, was a business partner...
You will find inclosed a duplicate of a letter from me to you of the 1st of February, and a copy of one from me of this date to our Bankers at Amsterdam. I was not insensible to the judicious views, which led you to desire, that the united States might not place themselves in a situation to be obliged to retrograde, with regard to the rate of Interest. And I shall be sorry, if the arrangements...
The spirit of party has grown to maturity sooner in this country than perhaps was to have been counted upon. You will see a specimen of it in the inclosed speech of Mr. Giles, a member from Virginia. The House of Representatives adopted the resolutions proposed by him, nemini contradicente . The object with a majority was to confound the attempt by giving a free course to investigation. I send...
Since my last letter to you dated the 31st of December last, of which a Duplicate is enclosed, I have received yours of the 27th of October and 2d of November. It was not intended by mine of the 28th of August, that the account to be rendered by you should extend to any of the payments made by the Commissioners on account of the Debt to France, or the foreign loans, or the bills drawn from...
Inclosed is duplicate of my letter of the 26th ultimo, mentioning, among other matters, that Treasury drafts had been directed upon the Commissioners in Amsterdam to the amount of 1,250,000 guilders. It will be proper to inform you that this sum has been reduced to 1,237,500 guilders, to be drawn in lieu of the sum first mentioned; and that a further sum of 24,750 guilders has since been...
Since my last of the 5th. instant a triplicate of which is here inclosed I have received yours of the 30th of August last. I have only time to inform you that I have directed the sum of 1,250.000 florins to be drawn upon our Commissioners in Amsterdam immediately; which will leave a sum in their hands sufficient to face the Interest and other payments falling due up to the 1st. of March next...
The last letter which I have had the pleasure of receiving from you is dated the 6th of August. By letters from Mr Morris to the Secretary of State, down to the 16th of that month, it appeared that he had, on the 6th, ordered a payment, to the French Treasury, of one million six hundred and twenty five thousand B. florins. But nothing is said which can enlighten me as to his opinion whether...
There being a Vessel in port ready to sail for Amsterdam, I take the opportunity to enclose you triplicates of my letters of the 13th Ultimo and 1st instant, and to note to you that I have directed the Treasurer to draw upon our Commissioners at Amsterdam for one hundred thousand guilders, in addition to the sums mentioned in my letter of the 25th of July. This I have done in consequence of a...
On my arrival here, upon an excursion of a few days, I find the intelligence of a suspension of the King of France, and of a new revolution in that country. I take it for granted, that after such an event, no further payments will have been made to France. It is now impossible to calculate anything concerning the affairs of that country, and of course the validity, as well as the utility to...
Having been authorised by the President to take arrangements for paying off the debt due to foreign Officers, the interest of which is payable at the House of Mr. Grand, Banker at Paris; and having concluded to commit to Governeur Morris Esquire being on the spot the management of the detail as to the payment of interest (that of the principal being to be made here) I am to request that you...
It has been represented to me by the accounting Officers of the Treasury that a regular account of all the monies which have been received by you from our Commissioners in Europe, or which have been paid by them by your direction, would be requisite in the examination and adjustment of the accounts of the said Commissioners. I have therefore to request that you will furnish me with an account,...
You will herewith receive a Triplicate of my letter to you of the 25th Ultimo and a duplicate of one of the 4th instant. If the destination of the monies arising from the last loan, as mentioned in my former letter of the said 4th instant, has not already put it out of your power, it would be my wish that you reserve a sufficient sum for the purpose of discharging the debt due to foreign...
Since my last to you of the 25th Ultimo, I have received a letter from our Commissioners at Amsterdam, informing me of their having recently instituted another loan for the United States, of three millions, at four per Cent interest, to be dated the first of June last. I have concluded to destine the money arising from this loan towards payment of the debt due to France, and you will...
Your letters of the 25th of April and 14th of May have duly reached me; since the receipt of that of the 22nd of April which was acknowleged in mine of the 30th of June. In consequence of your letter of the 14th of May I have directed drafts on the Commissioners for five hundred thousand Guilders, and as soon as these are sold, I shall cause further drafts to be made to the extent of [five...
I have before me your letter of the 22nd. of April last. As I doubt not the details of the projected mangement will leave sufficient latitude, as to time, to avoid embarrassment to the Treasury, it cannot but be satisfactory. A bill has been drawn in favour of the Secretary of State on our Commissioners for One hundred and twenty three thousand, seven hundred and fifty Guilders, which,...
After closing my letter to you of the 14th. instant, the Comptroller, to whom I had submitted for examination the statement of the French Treasury transmitted by you, made some communications to me on that subject, of which copies are here enclosed for your information. My own observations upon it must necessairly be reserved for another opportunity, as Mr. Pinkney who will take charge of my...
Your two letters of the 26th of January and 24th of March have come to hand since mine to you of the 7th of May. For an answer to the first I believe I need do nothing more than refer you to former communications. On the latter some observations arise. You will consider any suggestions which you may find in my letters concerning a rule for adjusting the value of the payments to France rather...
The President having ratified the three last loans, namely one of six millions of florins at five per Cent interest; one of three Millions at four per Cent and that which has been negociated at Antwerp, I herewith transmit you the instrument of ratification concerning the latter. The two former I have thought best to enclose directly to the Commissioners in Amsterdam under an impression that...
The fluctuation of the price of the Stocks in the United States is a circumstance that cannot have failed to attract your attention nor to excite a temporary feeling in the minds of foreigners. Tho’ I doubt not it will be well explained by the Agents of those Citizens of other Countries who have vested their Monies in our funds, I think it necessary that some ideas should be communicated to...
My last letter to you was of the 2nd instant. It is proper that you be informed that a sum of eight thousand, three hundred and twenty five Dollars was paid here on application of Mr. de Ternant the Minister of France to himself and twenty two thousand Dollars to Mr. de la forest the Vice Consul General on the 21st. of February last, and the sum of one hundred thousand Dollars on the 12th. of...
I am to acknowlege the receipt of your several letters of the 22d of November 23d 28th and 30th of December. The accomplishment, thus early, of a loan at 4 per Cent exceeds expectation as much as it does credit to your exertions. The intelligence of it was received with great satisfaction by the President as well as by myself, and has given no small pleasure to the public at large. You will...
As the discharge of the arrears of interest and instalments of principal of the French debt, which are due, may have occasioned your power to borrow for that object to be suspended, until you can obtain a loan at a rate of interest and Charges sufficiently reduced, it is my wish, that as soon as it shall be proper after the receipt of this letter you would proceed to borrow the sum of three...
Since my last of the 14th ultimo I have the pleasure of your two letters of the 8th & 12th of Novemer. The reimbursement of the Spanish Debt will be perfectly acceptable, but there will be matter for regret, if before this reaches you the sum claimed by the Farmer’s General has been paid to them. There is certainly a million of livres in the pecuniary transactions between the United States and...
I have received your several favours of Sept. 23d. Oct. 10th. & Dec. 1st. It appears to me probable that your movement towards Antwerp produced the appearance of a four per cent loan, and I hope from it in the result good effects. Inclosed you will find a copy of a letter of the same date with this to the Commissioners in Holland. You will easily comprehend the motives which dictated the turn...
You will find herewith duplicate of my letter of the 30th of November last—Since which I am without any of your favours. It is with sincere pleasure, I embrace the opportunity of congratulating you on your appointment to the Hague as Minister Resident. This will afford you a better opportunity of watching and appreciating the course of Circumstances. You will consequently be obliged less to...
[ Treasury Department, January 21, 1792. Letter listed in dealer’s catalogue. Letter not found. ] LS , sold by Stan V. Henkels, Jr., October 11, 1927, Lot 170.
Your letters of the 23rd. and 31st. of August and 3d of September remain unacknowledged. Mine to you of the 1st. of August 2nd. September and 3rd. of October will much abrige what is necessary to be said at this time. The prices of the public debt here rendering it questionable whether it be any longer the interest of the United States to prosecute the idea of purchases with monies borrowed at...
I have barely time by this opportunity to inform you That I have directed the Treasurer to draw for One Million of florins on account of the last loan of six millions and towards the close of the present month shall direct him to draw for another million. I calculate that the whole amount of the loan will have been received before the second set of draughts are presented. I remain with great...
I acknowlege the receipt of your letters of the 26th and 27 of July. The fall which you announce in the price of the effects of the United States was certainly artificial. The cause ere this will have been better ascertained to you. ’Tis open to various conjectures. I have thought it adviseable to drop a line to our Bankers in Holland (of which a copy is inclosed) merely to mark my attention...