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I have barely time to acknowledge by the extraordinary of tomorrow the receipt of yours of the 22d. inst. in which you propose that the sec. of the Treasury should settle the rate of commission on the last loan. It would seem that the rate at which any business is to be transacted should be looked for in the powers authorizing the transaction of that business—still if you think this matter...
I received after the departure of the last post your letter of the 8th inst. ⟨I⟩ am really sorry to find that you persist in pretensions which I should have hoped must have been removed by the observations contained in mine of the 3d. instant & of which you acknowlege the receipt. It becomes useless for us to discuss this subject longer. For my part I examined it in all its parts not so much...
Your letter of the 22d of August informed me that you had opened a loan for six millions of ⟨florins⟩ & it gave me real pleasure as it never could have entered into my mind that any other conditions than those presented & repeated in my several letters authorizing the loan could have been adopted. Your letter of the 25th informs me that you have ⟨presented⟩ other conditions for this loan not...
You will please to consider it as a standing instruction, that you are to apply whatever monies may be, at any time, in your hands, of which no different application has been specially directed, to the payment of the interest and premiums, which shall, from time to time, become payable on the loans, which have been or shall be made, for the United States in Holland. I am &c. Copy, RG 233,...
Since my last I have not seen M. Dufresne & of course have nothing new to say to you concerning the disagreeable affair of the rate of exchange for the million of florins paid by you. I fear he will not consent to any other mode of settling it than that of the current rate ascertained by sworn brokers agreeably to the data of Messrs. Hogguers & Co’s draught furnished you. I hope you will...
The departure of the post leaves me barely time to inform you that I have at length recieved a letter from the Secretary of the Treasury which renders it necessary that I should know the present situation of the loan opened at Amsterdam & with as much precision as you can have, the time when you think another could be set on foot there. I will thank you to give me the information by the return...
The Treasurer of the United States has been directed to draw upon you, a Bill, at ten days sight, in favor of the Secretary of State, for ninety nine thousand Guilders, which you will dispose of, according to directions to be given you by, Mr. Jefferson. I am &c. Copy, RG 233, Reports of the Treasury Department, 1792–1793, Vol. III, National Archives. This letter was enclosed in H’s “Report on...
This serves to desire, that the interest, which will become payable on the Dutch loans, upon the first day of June next, may be discharged out of the funds, which will remain in your hands, of the last loan of three millions of Florins. I am &c. Copy, RG 233, Reports of the Treasury Department, 1792–1793, Vol. III, National Archives. This letter was enclosed in H’s “Report on Foreign Loans,”...
It being probable, that I shall shortly instruct the Treasurer of the United States to draw bills upon you to the amount of one million of guilders, to be paid out of the last loan of three millions; I enclose you his signature, together with that of the Register of the Treasury, and the form of the bills which he will draw. The sight, at which these drafts will be made payable, will,...
Since the date of my last letter to you, the Legislature of the United States have passed two Acts, that is to say, on the fourth and twelfth of the present month; by which, among other things, they empower the President to cause to be borrowed on account of the United States Fourteen Millions of Dollars; The execution of which power has been by him committed to me: as will appear by a copy of...
To all to whom these Presents shall come: Whereas by an Act passed the fourth day of August, in this present year, entitled “An Act making provision for the debt of the United States,” it is, among other things, enacted, That the President of the United States be authorized to cause to be borrowed, on behalf of the United States, a sum or sums, not exceeding in the whole, twelve millions of...
It being understood, that you have retained in your hands a sufficient sum to discharge the balance of salary, due to Mr. Jefferson, as Minister plenipotentiary at the Court of France, it has been deemed inexpedient to change the course of the thing, by paying him that balance here. He, therefore has informed me, that he will draw upon you, on that account, for three hundred and fifty pounds...
Triplicates of your letter of the 25th. of January last have duly come to hand. As the success of the negotiations for the purchase of the Debt due from the United States to France would have been an unwelcome circumstance; I learn with pleasure that it had not taken place. The distinguished zeal you have in so many instances shewn for the interests of this country, intitles you upon all...
I have, by this opportunity, time only to acknowledge your several favors of the 11th, 12th, and 15th, of September, and 7th. of November, to the late Treasury Board, and of the 29th. of December to myself, and to enclose you the first of eight setts of Bills of Exchange, as per list at foot, amounting together to one hundred thousand current Guilders, towards payment of the arrears of...