Benjamin Franklin Papers

From Benjamin Franklin to Dumas, 7 December 1778

To Dumas1

ALS: Massachusetts Historical Society

Passy. Dec. 7. 1778.

Dear Sir,

I thank you for the Information you give me of Mr. Lee’s Proposition. I do not think he has any Powers to borrow Money for the United States distinct from ours but he may have Power to borrow for Virginia.2 I think you acted very discretely in the Business; and I am sorry that such a Proposition should be made, as, if known it might have bad Consequences. And as we have already opened a Loan in the House of H.F. & Co.3 it seems quite unnecessary to open another in the same Country, & I hope it will not be necessary to borrow in any other.— Between our selves, I believe Mr. L. who seems not well-pleased with that House, wanted to know if Money would not be had and the Business transacted on cheaper Terms. I am, ever, Dear Sir, Your most obedient humble Servant

B Franklin

a Mr Dumas

[In the margin:] Thanks be to God, our Salvation by no means depends on such an Aid from Holland.

1Answering his of Nov. 24.

2Lee did have such powers from Virginia: XXVII, 347n.

3Horneca, Fizeaux & Cie.

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