I have the pleasure of informing Congress, that the Court of France has engaged to guaranty a loan of ten millions of livres for the States, and to make large advances in stores and cash immediately. I wish it was in my power to furnish as agreeable accounts from this Court. The negotiation is in the same situation as when I had last the honor to write to the Committee, my sentiments of the motives for this conduct are still the same. The mediation seems at a stand, and, probably, will not be renewed before the end of the campaign. Troops have been ordered to march towards Gibraltar from various parts of the kingdom, but I have some reason to think, with a view to another object, viz. either to be sent to the West Indies or to Peru, where, it is said, there appears a spirit of disaffection, which creates some apprehensions here. The crop is likely to be more abundant throughout Spain, than it has been for many years past. I have not as yet heard, that Russia has taken a decided part in favor of the Dutch. Their squadron in the Mediterranean and at Lisbon are ordered home. The Portuguese preserve a strict neutrality at present. M. Gardoqui is still here, but I hope will embark next month. I have not had the honor of hearing from the Committee since I have been in Europe, and Mr Jay informs me, that he has received but three letters from Congress since his residence here. I have the honor to be, &c. WILLIAM CARMICHAEL. * * * * * TO THE COMMITTEE OF FOREIGN AFFAIRS. Aranjues, June 2d, 1781. Gentlemen, The last post from France brought the news of M. Necker's removal from the Ministry. This change would have been agreeable to this Court some months ago, on account of the interference of that Minister in the operation of the loan mentioned in former letters. At present, it seems to be regarded in a disagreeable point of view, as M. Necker had engaged to furnish monthly, considerable sums to persons employed to procure money for this Court, on condition of being reimbursed in specie in Spanish America, and on other terms that would have been advantageous to the lenders. Part of the specie thus procured, was intended for the payment of the French troops in North America, and, as I have been told, for the immediate service of Congress, as part of the sum the Court of France has lately engaged to furnish to the United States.