The Diplomatic Correspondence of the American Revolution, Vol. 07
History
The Diplomatic Correspondence of the American Revolution, Vol. 07
United States -- Foreign relations -- 1775-1783; United States -- History -- Revolution, 1775-1783 -- Sources
Because, 1st; they had drawn the bills of exchange without
his previous consent; and, 2dly, because they had not given
any tokens of a recompense. Mr Jay reminded his Excellency
that these bills were drawn upon himself, and not on Spain,
and although that Congress might have hoped, for reasons
already assigned, to have been enabled to pay them by a loan
from his Majesty, yet that every other usual measure was left
open for that purpose. That an application to Spain for such
a loan could give no just cause of offence, for that if it
had not been convenient to her to make it, all that she had
to was to have told him so, and he was then at liberty to
take such measures for procuring it elsewhere as he might
think proper. The Count replied, that what Mr Jay observed
was true, but that certainly the bills were drawn with an
expectation of their being paid by Spain, and that this might
probably have been done if previous notice of the measure had
been given. That he always intended to have done something
towards their payment, but had been prevented by
disappointments, and the exigencies of the State. Mr Jay
continued to observe, that the second cause assigned for this
disgust, viz. that Congress had given no tokens of a
recompense, must have risen from a mistake. He reminded his
Excellency, that he had never requested a donation from
Spain, but that on the contrary he had repeatedly offered to
pledge the faith of the United States for the repayment with
interest, within a reasonable time after the war, of whatever
sum his Majesty might be so kind as to lend them. To these
remarks the Count said only, that interest for the money
would have been no object with them; that they would gladly
have lent it to us without interest, and repeated his regret
at the disappointment which had prevented them. He appeared
rather uneasy and desirous of waiving the subject.
Public-domain text, read in full here on John Shaqi.
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