I think it right to send you this statement, on which I will make a few observations. I could have wished that the whole of the moneys, which the Court have furnished us had been what the greater part is, _a loan_. I know that the United States will find no difficulty in making payment, and I take this opportunity to give _you_ an assurance, which is not meant for the Court, that I will endeavor to provide _even now_ the means of repayment, by getting laws passed, to take effect at a future period, or otherwise, as shall be most convenient and agreeable to all parties, after the amount is ascertained and the times of payment fixed. I wish it had all been a loan, because I do not think the weight of the debt would be so great as the weight of an obligation is generally found to be, and the latter is of all others what I would least wish to labor under, either in a public or private capacity. A still further reason with me is, that there is less pain in soliciting the _aid_ of a loan, when there is no expectation that it is to be a gift. Prompted by such reasons, I could be well content, that the advances made previously to the year 1778, were by some means or other brought into this account. By Mr Grand's accounts is appears, that Messrs Franklin, Deane and Lee, on the 1st of January, 1777, paid him five hundred thousand livres; on the 28th of April, other five hundred thousand livres; on the 4th of June, one million of livres; on the 3d of July, five hundred thousand livres; and on the 10th of October, other five hundred thousand livres; amounting in the whole to three millions of livres. I suppose, that these sums were received of private persons in like manner with those supplies, which were obtained through M. de Beaumarchais, and if so they will be payable in like manner with those supplies. I have in a former letter estimated the yearly interest on Loan Office certificates, payable in France at two million livres, consequently taking in the months intervening between September and March, the total amount from September the 10th, 1777, to March the 1st, 1782, may be stated at nine million livres; which is just one half of the supplies granted for the years 1778, 1779, 1780, and 1781. A resolution now before Congress will, I believe, direct that no more bills be drawn for this instant; but Mr Grand in his letter of the 4th of March, tells me he has paid six million two hundred and thirtynine thousand one hundred end eightysix livres, thirteen sous, four deniers, in sixteen thousand eight hundred and nineteen bills, from the 11th of February, 1779, to the 28th of January, 1782. His accounts are now translating, and when that is completed, I shall transmit them to the treasury, and I hope soon to have the accounts of the several loan officers in such a train of settlement, that all these matters may finally be wound up.