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JAY TO ROBERT R. LIVINGSTON. 253
M. Cabarrus had offered to advance, or rather to
supply me with any sum of money, that the Minister
would authorize him to furnish, on the same terms on
which he procured money for the government. The
answer I received to this proposition was, that the
government had occasion for all the money that M.
Cabarrus could possibly collect. He also repeatedly
offered to advance the money wanted for the month
of March, if the Minister or the Ambassador of France
would become responsible for the repayment of it,
with interest, within a reasonable time, sometimes
mentioning seven months, and at others extending it
to ten or twelve. The Ambassador did not conceive
himself authorized to enter into any such engagement, and the Minister remained silent; M. Cabarrus
began to grow uneasy, and a day was appointed between us to confer on this subject. Some intervening
business, however, prevented his attendance, and on
the 10th of February he wrote me the following letter :
M. CABARRUS TO JAY.
[Translation.]
Sir ; Madrid, February 10th, 1782.
I was summoned yesterday to the Pardo, which prevented
me from paying you my respects as I had intended. Not
knowing whether I shall be able to do it before Tuesday, I
write to inform you, that it will be necessary for me to
know on what I am to depend in regard to the reimbursement you were to make me by drafts on Paris. You are
aware, that I have actually advanced seven hundred and
fifty thousand reals vellon. Independently of this sum, on
the 14th of March, which we are now approaching, nearly
thirty-five thousand dollars of your bills will become due.
| Title | The correspondence and public papers of John Jay - 2 |
| Creator | Jay, John |
| Publisher | G.P. Putnam's Sons |
| Place of Publication | New York, London |
| Date | [1890-93] |
| Type | Books/Pamphlets |
| Title | 00000274 |
| Type | Books/Pamphlets |
| Transcript | JAY TO ROBERT R. LIVINGSTON. 253 M. Cabarrus had offered to advance, or rather to supply me with any sum of money, that the Minister would authorize him to furnish, on the same terms on which he procured money for the government. The answer I received to this proposition was, that the government had occasion for all the money that M. Cabarrus could possibly collect. He also repeatedly offered to advance the money wanted for the month of March, if the Minister or the Ambassador of France would become responsible for the repayment of it, with interest, within a reasonable time, sometimes mentioning seven months, and at others extending it to ten or twelve. The Ambassador did not conceive himself authorized to enter into any such engagement, and the Minister remained silent; M. Cabarrus began to grow uneasy, and a day was appointed between us to confer on this subject. Some intervening business, however, prevented his attendance, and on the 10th of February he wrote me the following letter : M. CABARRUS TO JAY. [Translation.] Sir ; Madrid, February 10th, 1782. I was summoned yesterday to the Pardo, which prevented me from paying you my respects as I had intended. Not knowing whether I shall be able to do it before Tuesday, I write to inform you, that it will be necessary for me to know on what I am to depend in regard to the reimbursement you were to make me by drafts on Paris. You are aware, that I have actually advanced seven hundred and fifty thousand reals vellon. Independently of this sum, on the 14th of March, which we are now approaching, nearly thirty-five thousand dollars of your bills will become due. |
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