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
On the 29th of May I informed the Commander in Chief of my
determination to issue notes payable in six months from the date, for
three months pay, and explained to him the reasons why I could not
make the payment in any other mode. In reply to this, I received on
the 5th of June a letter from the General, dated the 3d, which was
brought by express and urged the transmission of a part of those
notes. I immediately wrote an answer, in which I informed him that on
Saturday evening, the 31st of May, the paper arrived from the maker;
that on Monday, the 2d of June, it was delivered to the printer; that
he had agreed to send the first parcel of notes to me on Friday, the
6th of June; and that as soon as I could sign them they should be
delivered to the Paymaster, to be sent forward. On the 7th of June the
Paymaster received fifty thousand dollars, on the 9th fifty thousand
dollars, and on the 13th one hundred thousand; so that in six days I
signed six thousand notes, besides the other business of my office.
That paper made on purpose for this business was necessary no man can
doubt, or if it could have been doubted the recent attempt to
counterfeit these notes is a sufficient proof. That the printing was
to take place before the signing must be admitted. The only delay
therefore with which I can be chargeable must be in the signing of
them, and upon that subject I shall say nothing. If by any means a
delay happened after the notes were delivered into the pay office, I
presume that the Paymaster General will be able to account for it. I
shall only add, that he has received half a million of these notes, as
will appear by the enclosed note of the payments number two.
I am also directed, Sir, to report the manner in which I expect to
redeem the notes in question. Congress will be pleased to recollect,
that the issuing of those notes arose from a proposition made by the
General and warmly adopted by them. That although I was very desirous
of gratifying the wishes of the army, I had great apprehensions as to
the ability of doing it. And that from a view of the scantiness of our
resources I felt extreme reluctance in giving my consent. As to the
means of redeeming the notes, permit me to refer Congress to the
letters which I had the honor of writing to your Excellency on the
17th of March and 1st of May; to my correspondence with the honorable
committee of Congress on the 14th and 16th of April, copies whereof
are enclosed in the paper number three; and to a circular letter to
the States of the 12th of May, of which a copy is enclosed in the
paper number four.
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