TREATY WITH SPAIN.--Our treaty with Great Britain was followed by one with Spain, by which the vexed question of the Mississippi was put at rest. Spain agreed to withdraw her troops from all her posts north of the parallel of 31 degrees. She also agreed that New Orleans should be a port of deposit. This was of great advantage to the growing West, for the farmers, thereafter, could float their bacon, flour, lumber, etc. down the Ohio and the Mississippi to New Orleans and there sell it for export to the West Indies or Europe. [Illustration: LAST PAGE OF THE AUTOGRAPH COPY OF WASHINGTON'S FAREWELL ADDRESS. In the Lenox Library, New York.] THE ELECTION OF 1796.--Washington, who had twice been elected President, now declined to serve a third time, and in September, 1796, announced his determination by publishing in a newspaper what is called his _Farewell Address_. [13] There was no such thing as a national party convention in those days, or for many years to come. The Federalists, however, by common consent, selected John Adams as their candidate for President, and most of them supported Thomas Pinckney for Vice President. The Republicans put forward Thomas Jefferson and Aaron Burr and others. The French minister to our country used his influence to help the Republican candidates; [14] but when the election was over, it turned out that Adams [15] was chosen President and Jefferson Vice President. Pinckney, the Federalist candidate for Vice President, was defeated because he failed to receive the votes of all the Federalist electors. [16] THE X. Y. Z. AFFAIR.--The French Directory, a body of five men that governed the French Republic, now refused to receive a minister whom Washington had just sent to that country (Charles G. Pinckney). This deliberate affront to the United States was denounced by Adams in his first message to Congress; but he sent to Paris a special commission composed of two Federalists and one Republican, [17] in an earnest effort to keep the peace. These commissioners were visited by three agents of the Directory, who told them that before a new treaty could be made they must give a present of $50,000 to each Director, apologize for Adams's denunciation of France, and loan a large sum (practically pay tribute money) to France. In reporting this affair to Congress the Secretary of State concealed the names of the French agents and called them Mr. X, Mr. Y, and Mr. Z. This gave the affair the name of the X. Y. Z. Mission.