James Madison Papers

To James Madison from Robert R. Livingston and James Monroe, 16 May 1803

From Robert R. Livingston and James Monroe

Paris 16th may 1803.


We have the honor to inclose the account which Should be annexed to the Convention transmitted you.1 The Bordeaux embargo is in Assignats,2 and two thirds will be deducted from many of the others. We have reason to think from a particular account now in our hands there will be Such considerable deductions as will reduce the whole charge to less than 20 millions of livres including the interest. The Consul has agreed to ratify immediately and we hope to have the honor of transmitting you the ratified treaty with an order to deliver the territory in a few days.3 Such arrangements will also we trust be made relative to the Stock as will prevent its coming on the market to any loss or any part of it being Sold in America. We have the honor to be Sir with much esteem and respect Your most Obt hum: Servts

Robt R Livingston

Jas. Monroe

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