The Abbé Hussey arrives at Madrid with Mr Cumberland.--Notes of Mr Jay's conference with the Count de Florida Blanca.--Conference of Mr Carmichael with the Minister.--Note from the Count de Florida Blanca (Aranjues, June 9, 1780); to Mr Jay on the subject of aids; his Majesty is willing to become responsible at the expiration of two years to the holders of the bills drawn on Mr Jay, provided Congress will build four frigates and some light vessels for the King; the Americans may send for stores to the Spanish ports for this purpose; the squadron manned by Americans and under Spanish colors to intercept the English East India vessels.--Reply of Mr Jay (Aranjues, June 9th, 1780); expectations of the Americans from Spain; the holders of the bills will prefer recovering the amount on protest, to waiting for the payment two years; the Spanish treasure from America may arrive before the bills become payable; Mr Jay is authorised to pledge the faith of the United States for the repayment of any sums his Majesty may lend; former aids; Congress has not the resources necessary for building ships; difficulty of manning them with American sailors, who prefer sailing in privateers; the country is not in a condition to undertake foreign enterprises; the Americans will always be ready to cooperate with Spain against the Floridas or elsewhere; unfavorable conclusions will be drawn as to the condition of Spain, if she cannot supply such aid to men in arms against her enemy.--Mr Jay's reasons for not touching on other points of the proposition.--Note from Mr Jay to the Count, informing him of a new draft.--Reply of the Count, promising to pay the bill, and declaring that no more can be paid without consulting the King; the proposition of the Count having been rejected, it becomes necessary for Mr Jay to devise other means.--Reply of Mr Jay to the preceding (Madrid, June 22d, 1780), proposing as a means of paying the bills the advance of the £25,000 to £40,000 sterling promised; the sum necessary for building the ships cannot be raised by Congress; America cannot pay the debts occasioned by the war till peace; advantages resulting to Spain by the furnishing of aid to America.--Reasons for not pushing the treaty at this time.--Letter from Mr Jay to the Count de Florida Blanca (Madrid, June 28th, 1780), transmitting the resolutions of Congress, directing that bills be issued redeemable in specie in six years; this plan may enable the United States to supply the vessels, his Majesty becoming responsible for a certain part of the sum so