Mr Jay waited on the Count de Montmorin this morning at nine o'clock, agreeably to appointment the day before. The former commenced the conversation by observing, that in his first conferences with the Minister of Spain, at Aranjues, the Minister divided the subject into two parts, and spoke largely on that of the bills drawn on Mr Jay, and on the treaty proposed to be entered into between Spain and America. Mr Jay recapitulated the Minister's assurances relative to the former, and informed the Ambassador, that the result of this conference was a promise of the Minister to send him written notes on _both_ points, a few days afterwards. That with respect to the notes relative to the treaty, Mr Jay had not received them as yet. That on the other point, he had received notes, which, as well as his answer, he had shown to the Ambassador. That on the 5th of July he had another conference with the Minister at Madrid, in which he had endeavored to turn the conversation to the several objects of his business and mission here, but that the Minister postponed the discussion of them, until a person for whom he had sent, with a view to succeed M. Mirales, should arrive, when all the necessary arrangements should be made. He indeed told Mr Jay, that if the Messrs Joyce were pressing, he might accept their bills, payable at Bilboa, and throughout the whole conference, had given Mr Jay warm and repeated assurances, not only of the King's good faith and friendly disposition towards America, but of his own personal attachment to her interest, on both of which, as well as in his candor and promises, he desired him to place the greatest reliance. Mr Jay proceeded further to inform the Ambassador, that being exceedingly pressed by Messrs Joyce and others, holders of the bills, for a decisive answer, which they had required to have on the Monday last past, he had signified the same to the Minister by three letters, requesting his directions, to none of which he received any answers. That he had accepted Messrs Joyce's bills, payable, as directed, by the Minister, and had prevailed on the other to wait until Monday next. That on his arrival here on Friday he wrote another letter to the Minister on the same subject, and the next day called at his house to pay his respects, but not being able to see him had left a card; that being thus circumstanced he was under the necessity of requesting the favor of him to speak to the Count, and obtain an answer from him.