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
I have received Mr Grand's accounts, which are not settled in the
manner I wish; and in consequence I have written to him by this
opportunity to alter them. I have desired him to give your account
credit for every livre received previous to the current year,
including therein the loan of ten millions of livres in Holland,
though a part of it may not have been received until this year. I have
desired him to debit your account for every expenditure made by your
order, which will include all your acceptances of bills, &c. and of
course M. de Beaumarchais' bills, if they shall have been paid.
Finally, I have desired him to carry the balance of your account to
mine, in which he is to credit all moneys received for the current
year; for instance, the six millions (and the other six if they are
obtained) together with such moneys as may come to his hands, from the
loan opened for the United States, by Messrs Willink, Staphorst, & Co.
I did expect to have had some kind of adjustment made by this time of
Captain Gillon's affair; but Congress referred much of it to a
committee, with whom it has long slept; but I have informed Mr Gillon,
that I must have a settlement, and at present I wait a little for the
determination of Congress.
You mention to me, that the interest on the ten millions, Dutch loan,
is payable at Paris annually on the 5th of November, at four per cent.
I must request you to send me the particular details on this subject,
such as who it is payable to, and by whom, that I may make proper
arrangements for a punctual performance, so as not to incur
unnecessary expense. I presume that the first year's interest may be
discharged before this reaches you; but at any rate I enclose a letter
to Mr Grand, to prevent any ill consequences, which might arise from a
deficiency of payment.
I informed you, in mine of the 1st of July, that Congress had resolved
to appoint a Commissioner to settle the public accounts in Europe.
This is not done, but they have reconsidered and committed the
resolution. Where the thing will end, I do not know. I think, however,
that eventually they must send over some person for the purpose.
The appearances of peace have been materially disserviceable to us
here, and general cautions on the subject from Europe, and the most
pointed applications from the public officers, will not prevent that
lethargy, which the very name of peace extends through all the States.
I hope measures will be taken by our public Ministers in Europe, to
prevent the people from falling into the snares which the enemy has
laid. Undue security in opinion, is generally very hurtful in effect,
and I dread the consequences of it here, if the war is to be carried
on, which is not improbable.
I am, Sir, &c.
ROBERT MORRIS.
* * * * *
TO B. FRANKLIN.
Office of Finance, October 1st, 1782.
Sir,
Public-domain text, read in full here on John Shaqi.
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