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264 CORRESPONDENCE AND PUBLIC PAPERS.
The Minister has ordered the balance due (about
twenty-six thousand dollars) on the one hundred and
fifty thousand dollars to be paid to M. Cabarrus on
my account, and has through him informed me that
no more is to be expected.
M. Cabarrus is exceedingly anxious about the
money we owe him, and which the twenty-six thousand dollars he is to receive will not pay.
He declines making further advances. The Ambassador of France can afford me no resources. M.
Cabarrus is ready to supply what we may want, on
the promise of either France or Spain to repay him
in ten or twelve months.
The Ambassador will write (by a courier to
France, who sets out to-morrow) on these subjects
to the Court. All that remains in my power is to
endeavor to keep the public creditors quiet until his
or your final answer shall arrive. That this Court
should permit our credit to be ruined for the want of
about twenty-five thousand pounds sterling does not
greatly surprise me ; but I should be astonished if the
Minister of France should act the same part, for I have
a high opinion of his wisdom.
I am, etc.,
John Jay.
I forbear inserting my letter to the Marquis, because this and my former letters render it unnecessary. I solicited his immediate attention to the state
of our bills, etc.
As there could be no doubt but that the Minister
| 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 | 00000285 |
| Type | Books/Pamphlets |
| Transcript | 264 CORRESPONDENCE AND PUBLIC PAPERS. The Minister has ordered the balance due (about twenty-six thousand dollars) on the one hundred and fifty thousand dollars to be paid to M. Cabarrus on my account, and has through him informed me that no more is to be expected. M. Cabarrus is exceedingly anxious about the money we owe him, and which the twenty-six thousand dollars he is to receive will not pay. He declines making further advances. The Ambassador of France can afford me no resources. M. Cabarrus is ready to supply what we may want, on the promise of either France or Spain to repay him in ten or twelve months. The Ambassador will write (by a courier to France, who sets out to-morrow) on these subjects to the Court. All that remains in my power is to endeavor to keep the public creditors quiet until his or your final answer shall arrive. That this Court should permit our credit to be ruined for the want of about twenty-five thousand pounds sterling does not greatly surprise me ; but I should be astonished if the Minister of France should act the same part, for I have a high opinion of his wisdom. I am, etc., John Jay. I forbear inserting my letter to the Marquis, because this and my former letters render it unnecessary. I solicited his immediate attention to the state of our bills, etc. As there could be no doubt but that the Minister |
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