The Diplomatic Correspondence of the American Revolution, Vol. 12
History
The Diplomatic Correspondence of the American Revolution, Vol. 12
United States -- Foreign relations -- 1775-1783; United States -- History -- Revolution, 1775-1783 -- Sources
If to this be added above two millions and a half due on Beaumarchais'
bills, we shall have an amount of about twelve and a half millions,
being at least one half of all the moneys obtained abroad for the
service of the year 1781 and 1782. And we shall find, that this
greater half is totally consumed in paying the principal of some, and
the interest of other debts, which have been contracted before that
period. I shall make no further comments on these things. They are
before Congress, and will speak for themselves. I have only to lament,
that the situation to which our affairs have been reduced is such,
that the greatest exertion which our ally can make in our favor is
barely sufficient to satisfy present engagements, and that the
knowledge of such aid only confirms the inattention of our own
citizens to those distressing circumstances which it does not relieve.
I have the honor to be, &c.
ROBERT MORRIS.
* * * * *
TO THE PRESIDENT OF CONGRESS.
Office of Finance, May 27th, 1782.
Sir,
I do myself the honor to enclose certain information, which I have
just received in a letter from the Minister of France. I take this
occasion to mention, that it is some time since M. de la Luzerne
communicated to me the grant of his Court, which was made in the month
of December last. I think it my duty to add the persuasion I have,
that this grant was made on the Minister's representations, and I
cannot omit testifying to Congress my grateful sense of his conduct,
and my conviction, that his endeavors have not been wanting still
further to promote the interests of the United States.
I should earlier have communicated my intelligence of the loan in
question, but I wished to receive the details, which would enable me
to judge how much of it was at my disposition. I confess that I did
not expect they would have been so unfavorable. I was restrained also
by an apprehension, that the exertions of the States would relax, when
they should learn that any foreign aid could be obtained; and the
situation of our commerce was such, that if I had been enabled to draw
for much larger sums, it would have been of no avail, as I could not
have got money for the bills.
I have the honor to be, &c.
ROBERT MORRIS.
* * * * *
_Information mentioned in the above Letter._
The King never promised any subsidy to the United States, and all the
sums which they have received from him have been lent or freely
given. All those, which have been advanced after the 6th of February,
1778, are to be repaid by the United States except the six millions
given last year. All the rest, whether furnished in money or in value,
is a debt, which they have contracted with his Majesty.
These advances have been made at the following periods, and are
payable with interest, conformably to the acknowledgements and
obligations of Dr Franklin.
Public-domain text, read in full here on John Shaqi.
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