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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...
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...
Since closing my letter, herewith transmitted, yours of the 4th. of March transmitting a copy of the contract for the last loan has been delivered to me. A ratification of that contract by the President will be forwarded as speedily as possible after his return to the seat of Government which is expected to be in the first week of the next month. There is in a late letter from Messrs. Willinks...
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...
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...
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...
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 honored with your letters of the 28th & 30th, which did not come to my hands ’till the 27th instant. The conduct you have prescribed to yourself in regard to the negociations concerning the Debt of the United States, appears to be very prudent and judicious, and such as will give the United States a convenient election of the measures to be pursued in future. Previously to the receipt of...
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...
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 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...
Since my last to you of the first of August I have received your several letters of the 3d. 5. 10 & 19th of June. Most of the points mentioned in those letters will find sufficient answers in my several communications of the 9th & 24th of May, June 25 & 30th & the 1st of August, all of which having gone, by duplicates at least, and some by triplicates, I take it for granted have gotten or will...
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...
I have recently received your letters of the 2d. December and the 25th. of January. The others to which they refer have not yet come to hand. The manner in which you have proceeded, as detailed in your letter of the 2d. of December, is entirely satisfactory to me and I doubt not will be equally so to the President, when known to him. He is now absent on a journey through the Southern States....
I received two days since your letter of the 11th. of March last. Mine to you of the 13th. of April & of the 9th & 24th of May (of which copies are herewith sent) will have informed you of my opinion, concerning the negotiation for the transfer of the debt due to France, will have removed the impediments to your progress on the business committed to you, and will have apprised you of my views...
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,...
Since my last letter to you, yours of the 4th. of May has come to hand. Pursuant to instructions recently received from the President of the United States, I am at liberty to authorise you “to open at your discretion loans at such times and places and for such sums as you may find advisable within the limitations of the respective laws authorising the loans” and which have been transmitted to...
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...
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...
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,...
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...
Two Acts of the Legislature of the fourth and twelfth of August, of which I inclose you copies, authenticated according to law, empower the President to cause to be borrowed on their behalf Fourteen Millions of dollars; subject to certain restrictions and qualifications: to be applied in payment of such part of our foreign debt as shall have become due, and to a new modification of the...
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...
You are already apprised of the loan which was commenced in the united Netherlands, by Messrs. Wilhem & Jan Willink and Nicholas & Jacob van Staphorst and Hubbard, with a view on their part to the service of the United States, and that the same has been submitted to our Government for their acceptance. On due consideration of the circumstances of that Loan and the views with which the above...
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...
[ 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.
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...
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...
General Hamilton waited on Mr. Short to pay his respects & to request the pleasure of his Company at a Family Dinner in the Country on Saturday next three oClock. ALS , Historical Society of Pennsylvania, Philadelphia. Short, who had been Thomas Jefferson’s secretary when Jefferson was Minister to France during the Confederation period, became chargé d’affaires at Paris in 1789. In 1792 he was...
This will be delivered to you by Benjamin Walker Esquire, Naval officer of the Port of New York who has leave of abscence for a twelvemonth. As he has thoughts of visiting Paris he has requested me to make him known to you which I do with pleasure as he is a man of worth. He was during a part of the late War Aide du Camp to General Washington. I remain with much esteem & consideration Sir,...