Our situation with respect to money matters is still critical. The drafts which Dr Franklin is obliged to pay are so frequent, that he has not been able to obtain cash to enable Mr Jay to discharge the bills accepted by him here, for which M. Cabarrus, as has been mentioned in former letters, is nearly forty thousand dollars in advance. Happily there are few bills due until the middle of next month, which will give Dr Franklin time to endeavor to save our credit here, and to this Ministry to reflect on the consequence of denying us this small succor. The Count de Florida Blanca has been lately solicited on this subject by the French Ambassador, and without giving hopes of affording the sum demanded, he promised to do what the urgency of their own wants permit him to do for us. In this conversation he appeared dissatisfied, that Congress had taken no notice of the desire he had expressed of obtaining one of the vessels constructing in the Eastern ports, for the United States, and complained, that no returns had been made by the States to the proofs the King had manifested, of his favorable disposition towards them. In fact their own necessities are evident. In addition to what I have heretofore mentioned on this head, I have lately been informed from good authority, that a person to whom the Crown is indebted twelve millions of reals, in order to obtain payment, has been constrained to propose to purchase the salt belonging to his Majesty, to the amount of twentyfour millions of reals, for the payment of which, after deducting the sum due to him, he is obliged to advance immediately five millions of reals, although he has little hopes of disembarrassing himself shortly, of such an immense quantity of an article, for which there is little demand at present. The Minister, to soften the harshness of his refusal to make further advances, informed the Count de Montmorin, that M. Del Campo's instructions would be ready in a few days, and that Mr Jay might then commence his conferences on the subject of the proposed treaty. If I may be allowed to hazard a conjecture again on this subject, I must repeat what I have often mentioned already, that Spain seems desirous to retard this business until a general treaty takes place. Perhaps it may not be unworthy the attention of Congress, to prepare eventual resolutions should this prove to be the intentions of the Court.