The Online Library of Liberty

A project of Liberty Fund, Inc.

• Coinage and the Mint
• Hamilton to Jefferson
• On the Establishment of a Mint 1
• Hamilton to Jefferson
• Hamilton to Washington
• Industry and Commerce
• Fisheries: Hamilton to Goodhue
• Manufactures
• Iron
• Copper
• Lead
• Fossil Coal
• Wood
• Skins
• Grain
• Flax and Hemp
• Cotton
• Wool
• Silk
• Glass
• Gunpowder
• Paper
• Printed Books
• Refined Sugars and Chocolate
• Hamilton to Jefferson
• Commercial Relations
• Outline of Smith’s Speech On Madison’s Resolutions of January 3, 1794
• Foreign Relations
• Speech On the Treaty of Paris 1
• Letters From Phocion 1
• Letter I
• Letter Ii 1
• Repeal of All Acts Inconsistent With the Treaty
• Speech On the Passage of This Act 1
• Hamilton to William Short 1 (cabinet Paper.)
• Hamilton to Washington 1 (cabinet Paper.)
• Hamilton to Washington (cabinet Paper.)
• Hamilton to William Short 1 (cabinet Paper.)
• Hamilton to Washington 1 (cabinet Paper.)
• Hamilton to Washington 1 (cabinet Paper.)
• Hamilton to Jefferson (cabinet Paper.)
• Hamilton to Jefferson (cabinet Paper.)
• Washington to the President of the National Assembly of France
• Draft By Hamilton. 1 (cabinet Paper.)
• Hamilton to Jefferson (cabinet Paper.)
• Hamilton to Jefferson (cabinet Paper.)
• Hamilton to Washington 1 (cabinet Paper.)
• Hamilton to Jefferson (cabinet Paper.)
• Jefferson to Hamilton 2 (cabinet Paper.)
• Hamilton to Jefferson
• Hamilton to Washington (cabinet Paper.)
• Washington to Hamilton (cabinet Paper.)
• Hamilton to Washington 2 (cabinet Paper.)
• Hamilton to Washington
• Hamilton to Washington 1 (cabinet Paper.)
• Hamilton to Jefferson (cabinet Paper.)
• Hamilton to Washington (cabinet Paper.)
• Jefferson to Washington (cabinet Paper.)
• Jefferson to Washington (cabinet Paper.)
• Jefferson to Washington (cabinet Paper.)
• Hamilton to Washington (cabinet Paper.)
• Hamilton to Jefferson (cabinet Paper.)
• Hamilton to Washington (cabinet Paper.) ( Private .)
• Pacificus 1 (from the Gazette of the United States .)
• No. I
• No. Ii
• No. Iii
• No. Iv
• No. V
• No. Vi
• No. Vii

hamilton to washington
(Cabinet Paper.)
(Private.)

• Philadelphia,

June 15, 1793.

Sir:—The inclosed report will, I trust, make it appear that there are good reasons relative to the execution of the purposes specified in the laws for making a further loan to the extent proposed.

But, bottoming the proceeding upon the direct object of the laws, as the legal and primary inducement, it appears to me justifiable and wise to embrace, as secondary and collateral motives, the probable operation of the measure on the public interests, in ways not immediately indicated in the laws. On this ground, I think the legal considerations for a further loan are enforced by the general state of affairs at the present juncture.

Should a general Indian war ensue, and, still more, should we unfortunately be involved in a European war, nothing could be more convenient than to have anticipated such a resource, which the Legislature might apply to the new exigencies, as far as regards the purchase of the debt, without any violation of principle.

In the event of a European war breaking out, it would probably be too late to attempt what, beforehand, would be practicable without difficulty.

With perfect respect, and the truest attachment, etc.