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EGBERT BENSON TO JAY. 211
litely assure me. You give an affecting summary of the
causes of the national evils we feel, and the still greater we
have reason to apprehend. To me it appears that our affairs
are in a very delicate situation ; and what is not the least to
to be lamented is, that many people think they are in a very
flourishing way; and seem in a great measure insensible to
the great danger with which we are threatened. If Britain
should be able to make a vigorous campaign in America
this summer, in the present depreciation of our money,
scantiness of supplies, want of virtue and want of exertion,
't is hard to say what may be the consequence.
It is a melancholy consideration that any concerned in
the conduct of public affairs should discover an indifference
to the state of our currency. Nothing, in my opinion, can
be more manifest, than that if something effectual be not
done to restore its credit, it will in a short time either cease
to circulate altogether, or circulate so feebly as to be utterly
incapable of drawing out the resources of the country.
This is nearly the case now.
With every sentiment of esteem and regard,
I am, dear sir,
Your most obedient servant
George Washington.
egbert benson to jay.1
Dear Sir :
Since I had the pleasure of writing to you last the Committee [of the Continental Congress] have returned from
Vermont, and they passed thro' this place when I happened
unfortunately not to be at home. Altho I have not had
an opportunity to converse with them yet from what has
1 This letter from Judge Benson is of interest, not only as referring to the
Vermont controversy, but as throwing light on the current expedients for
raising war taxes, making loans, and meeting the depreciation of the currency.
It is to be read in connection with Jay's letter to Governor Clinton, following.
| Title | The correspondence and public papers of John Jay - 1 |
| Creator | Jay, John |
| Type | Books/Pamphlets |
| Title | 00000242 |
| Type | Books/Pamphlets |
| Transcript | EGBERT BENSON TO JAY. 211 litely assure me. You give an affecting summary of the causes of the national evils we feel, and the still greater we have reason to apprehend. To me it appears that our affairs are in a very delicate situation ; and what is not the least to to be lamented is, that many people think they are in a very flourishing way; and seem in a great measure insensible to the great danger with which we are threatened. If Britain should be able to make a vigorous campaign in America this summer, in the present depreciation of our money, scantiness of supplies, want of virtue and want of exertion, 't is hard to say what may be the consequence. It is a melancholy consideration that any concerned in the conduct of public affairs should discover an indifference to the state of our currency. Nothing, in my opinion, can be more manifest, than that if something effectual be not done to restore its credit, it will in a short time either cease to circulate altogether, or circulate so feebly as to be utterly incapable of drawing out the resources of the country. This is nearly the case now. With every sentiment of esteem and regard, I am, dear sir, Your most obedient servant George Washington. egbert benson to jay.1 Dear Sir : Since I had the pleasure of writing to you last the Committee [of the Continental Congress] have returned from Vermont, and they passed thro' this place when I happened unfortunately not to be at home. Altho I have not had an opportunity to converse with them yet from what has 1 This letter from Judge Benson is of interest, not only as referring to the Vermont controversy, but as throwing light on the current expedients for raising war taxes, making loans, and meeting the depreciation of the currency. It is to be read in connection with Jay's letter to Governor Clinton, following. |
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