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
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TO THE GOVERNOR OF MARYLAND.
Office of Finance, July 29th, 1782.
Sir,
I have now before me your two favors of the 12th instant. You will
find my answers as well in a former letter, as in the enclosed
circular. For what remains I must only declare to you my regret at
finding your prospects so gloomy. The idea that taxes cannot be raised
because of the want of specie, is very general, indeed it is almost
universal, and yet nothing can be more ill-founded. If the people be
put in the necessity of procuring specie, they will procure it. They
can if they will. Tobacco may not sell at one moment, grain at
another, or cattle at a third; but there are some articles such as
horses, which will sell at all times. The mischief is, that when a
purchaser offers, the party not being under a necessity of selling,
insists on a higher price than the other can afford to give. Thus the
commerce is turned away to another quarter. Nothing but the necessity
of getting money will bring men in general to lower their prices. When
this is done purchasers will offer in abundance, and thus it will be
found, that the tax instead of lessening will increase the quantity of
specie. But so long as the want of it can be pleaded successfully
against taxes, so long that want will continue. And then all that
remains to consider is, whether the army can be maintained by such a
plea. The States, Sir, must give money, or the army must disband.
I have the honor to be, &c.
ROBERT MORRIS.
* * * * *
TO THE PRESIDENT OF CONGRESS.
Office of Finance, July 29th, 1782.
Sir,
The reference which Congress were pleased to make of a remonstrance
and petition from Blair Mc Clenaghan and others, has induced me to
pray their indulgence while I go somewhat at large into the subject of
that remonstrance.
Public-domain text, read in full here on John Shaqi.
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