Beaumarchais and the War of American Independence, Vol. 2Kite, Elizabeth Sarah
History
Beaumarchais and the War of American Independence, Vol. 2
Kite, Elizabeth Sarah
Beaumarchais, Pierre Augustin Caron de, 1732-1799; United States -- History -- Revolution, 1775-1783 -- Participation, French
“1st. That the cost and charges of the cargoes already shipped
shall be fairly stated in current prices ... at the date of
shipment.
“2nd. The freight to be charged agreeably to contract entered
into by Caron de Beaumarchais, Silas Deane, and M. Monthieu.
“3rd. All orders to be transmitted to Messrs. Roderigue Hortalès
et Cie. or their agents, subject to the inspection and control of
an agent appointed under the authority of Congress, who shall
have liberty to inspect the quality of such merchandise.
“4th. All articles hereafter shipped to be provided as nearly as
possible to order ... and not higher than the current price ...
attended with most moderate charges.
“5th. Good ships shall be chartered or bought at moderate price
for transportation of the stores.
“6th. That agents appointed under the authority of Congress,
shall have free liberty to inspect the quality, and require the
prices of all articles to be shipped for the account of the
United States, with power to reject such as they judge unfit or
too high priced; they shall also be party in the charters and
purchasing of ships to be employed in the service.
“7th. Bills on the House of Roderigue Hortalès et Cie., for
24,000,000 _livres tournois_, annually, shall be honored and
paid....
“In consideration whereof, the said William Ellery, James Forbes,
William Henry Dayton, William Durer, Esq., Committee of Commerce
for Congress ... agree and engage with Roderigue Hortalès et
Cie., by their said agent as follows:
“1st. That remittances shall be made by exports of American
produce ... for the express purpose of discharging the debt
already justly due, or thereafter to become justly due in
consequence of this agreement....
“2nd. That all cargoes ... for the discharge of said debt, be
addressed to Roderigue Hortalès et Cie.... subject to the
inspection and control of an agent appointed under the authority
of congress, who shall have liberty to inspect the quality of
such merchandise, assent to or reject the prices offered,
postpone the sales and do everything for the interests of his
constituents.
“3rd. That the customary interest of France not exceeding 6 per
cent. per annum shall be allowed on the debt already due, or that
from time to time, shall be due to the said Roderigue Hortalès et
Cie.
“4th. That any payments of Continental Currency in America ...
shall be computed at the current, and equitable course of
exchange at the date of payment ... and interest to be discounted
on the amount from that date.
Public-domain text, read in full here on John Shaqi.
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