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
You will remember, that you have often mentioned to me a mistake in
the account, of which you delivered a copy to Congress. As I made no
doubt, that it would be properly and satisfactorily explained, I have
hitherto restrained myself from going at all into the subject. But it
now becomes my duty to write to Dr Franklin upon it; and, therefore, I
wish to communicate to you my sentiments, while I request you to use
your good offices with the Court for having the matter placed on its
proper footing.
The note from the Count de Vergennes, of the 16th of May last, shows
very clearly a grant of the three following sums; four millions to Dr
Franklin to discharge the bills of exchange drawn on him by Congress;
six millions as a gift towards the operations of the campaign; and ten
millions in advance of the loan to be opened in Holland, amounting in
the whole to twenty millions. The first sum of four millions, appears
evidently to have been for payment of the bills drawn to discharge the
interest of loan office certificates, according to the original
engagement, which the Court entered into with the American
Commissioners. Of the money granted by the Court, there has been
advanced, as appears by the account you delivered to the committee, in
warlike stores and money, to Colonel Laurens, four millions seven
hundred and eightynine thousand one hundred and nine livres; and to
purchase the remainder of the articles demanded by him, three hundred
and ninetyseven thousand livres. For the bills of exchange drawn by
Congress on their Minister, I will suppose the sum mentioned in the
Count de Vergennes' note, viz. four millions, and I will add for my
drafts one million and a half, being what, as I have already observed,
you first promised. Thus the whole amount of these sums is ten
millions six hundred and eightysix thousand one hundred and nine
livres, and the balance, which I conceive to be subject to my
disposition, is nine millions three hundred and thirteen thousand
eight hundred and ninetyone livres. As to replacing the cargo of the
Fayette, which is mentioned in your account, I do not take notice of
it, because I wish that it may not have happened, and because if it
has been made, it will be time enough to deduct it when the articles
shall have been actually delivered. The loss of that ship, and the
detention of one of the transports laden by Colonel Laurens, have
already compelled me to make heavy expenditures. Among these I will
mention the purchase of lead some time ago, and a late purchase of
clothing to a very large amount, a part of which I am now paying for,
and the remainder is to be paid in three, six, and nine months from
the date of my engagements.
Public-domain text, read in full here on John Shaqi.
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