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Subject Area: Economics
Subject Area: Political Theory

GALLATIN TO MONROE. - Albert Gallatin, The Writings of Albert Gallatin, vol. 2 [1879]

Edition used:

The Writings of Albert Gallatin, ed. Henry Adams (Philadelphia: J.B. Lippincott, 1879). 3 vols.

Part of: The Writings of Albert Gallatin, 3 vols.

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GALLATIN TO MONROE.

No. 4.

Sir,

I had, at my request, an interview, on the 30th ultimo, with the Duke of Richelieu on the subject of the indemnities due to American citizens for property wrested from them under the administration of the late Emperor of France. I stated that the demand for indemnity had been incessantly pressed while he remained in power, and towards the latter end of it with some prospect of obtaining compensation; that the time which had necessarily elapsed before Mr. Crawford could be accredited to the King, and afterwards Prince Talleyrand’s departure for Vienna and Mr. Crawford’s return to the United States, had heretofore prevented a renewal of the application to his Majesty’s government, and that it was now made with perfect confidence in the probity which distinguished that government, and in the full expectation of obtaining from it that justice to which we were so indisputably entitled.

The Duke answered that, foreseeing the object of the conference which I had asked, he had already directed the papers relative to the subject to be collected and laid before him; that he believed that we would not be ultimately disappointed in our expectations, but that he hoped that, in the present situation of France, with which I must be well acquainted, we were not going to fill up the measure of the embarrassment under which she now labored.

I replied that, having been most shamefully plundered to an immense amount, and having already experienced so many vexatious and evasive delays, the government of the United States must necessarily press the payment of claims which could never be abandoned, yet that it was not its wish unnecessarily to increase the difficulties of France; that it was, on the contrary, evidently the interest of the United States that she should be independent and powerful; and I requested him to explain precisely what he meant by our filling up the measure of her embarrassments. By demanding, he answered, immediate payment of what is due to you. On this I observed that the first point was the recognition of our claims, and that, this once done, the time and mode of payment would be the subject of subsequent consideration, and must be arranged on principles of mutual accommodation.

He then said that as soon as he had digested the papers connected with the subject he would lay it before the King and the council of ministers, and then invite me to another conference and communicate the result of their deliberations. Alluding to his acknowledgment that the government of France wanted to gain time, I requested him not to make me experience any unnecessary delay with respect to their determination on the main question. He promised me that he would not, and ended the conference by saying that he would, on his part, hope that if we came to an agreement as to the principles I would not object to the adoption of such forms in the liquidation of the claims as would give them the time they absolutely wanted. I did not think proper to observe that their giving stock in payment would remove the difficulty, because, although they have nothing else to give, it is desirable that its acceptance, instead of being proposed by us, should be considered as a concession on our part; and because the sale of stock being their principal resource for every extraordinary expenditure, their objection applies to an immediate issue sufficient to pay us.

I have not heard from the Duke since that conference, and the Ministry must have been principally occupied with the deliberations connected with the dissolution of the legislative body and the new elections. It had been my intention not to write to you until our next interview should have enabled me to form some correct opinion of what we have to expect; but General Bernard’s departure presented an opportunity which could not be omitted.

It has appeared to me inexpedient to enter on the subject of the commercial relations of the two countries till the result of our demand for indemnity shall have been ascertained, as this government might be induced to try to get rid of the last subject by making concessions with respect to the other. It may be added that in practice our shipping interest suffers no inconvenience so far as relates to the intercourse with France itself.

I have the honor to be, very respectfully, sir, your obedient servant.