From Alexander Hamilton to John Quincy Adams, 25 January 1795
To John Quincy Adams
Treasury Department
January 25th 1795
Sir
The inclosed copy of a Letter of this date to Messrs. Wilhem & Jan Willink &c will inform you an arrangement which has been made for the payment of a Sum of principal and interest of the Dutch Debt1 which will accrue on the first of June next (vizt.)
| Florins | |
| Principal | 1000000 |
| Interest | 270000 |
and of the direction to them to concert with you the best arrangement of the matter.
If you find it expedient to recur to a postponement of the installment by a new Loan, you will please to take with Our Commissioners the proper arrangement for the purpose.2
With great consideration & esteem I am Sir Your very Obedient Servant
A Hamilton
Secy of the Treasy
John Adams Junr. Esquire
Minister Resident of the
United States at the Hague
ALS, Adams Family Papers, deposited in the Massachusetts Historical Society, Boston; ADf, Connecticut Historical Society, Hartford.
1. This is a reference to the Holland loan of 1782. For a description of this loan, see Willink, Van Staphorst, and Hubbard to H, January 25, 1790, note 15.
2. H wrote and then crossed out the following paragraph in the draft of this letter: “But There may be a state of things which may render all these expedients impracticable, namely the reduction of Holland by the arms of France. It has occurred as a thing worth mentioning that in such an event it might be possible to obtain from the Agents of France the means of paying in Holland on condition of paying their Agents here an equal sum. But this would not be desireable if there were any other expedient left and in case of a resort it might be in the mode free from all objection as it regards the Creditors and the Credit of the Ustates.”