Econlib

The Library

Other Sites

Front Page arrow Titles (by Subject) arrow THE COMMISSIONERS TO COUNT DE VERGENNES. - The Works of John Adams, vol. 7 (Letters and State Papers 1777-1782)

Return to Title Page for The Works of John Adams, vol. 7 (Letters and State Papers 1777-1782)

Search this Title:

Also in the Library:

Subject Area: Political Theory
Topic: The American Revolution and Constitution

THE COMMISSIONERS TO COUNT DE VERGENNES. - John Adams, The Works of John Adams, vol. 7 (Letters and State Papers 1777-1782) [1852]

Edition used:

The Works of John Adams, Second President of the United States: with a Life of the Author, Notes and Illustrations, by his Grandson Charles Francis Adams (Boston: Little, Brown and Co., 1856). 10 volumes. Vol. 7.

Part of: The Works of John Adams, 10 vols.

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


THE COMMISSIONERS TO COUNT DE VERGENNES.

Sir,

There are several subjects which we find it necessary to lay before your Excellency, and to which we have the honor to request your attention.

At a time when the circumstances of the war may demand the attention of government, and, without doubt, call for so great expense, we are very sorry to be obliged to request your Excellency’s advice respecting the subject of money; but the nature of the war in America, the vast extent of country to defend, and this defence having been made chiefly by militia engaged for short periods, which often obliged us to pay more men than could be brought into actual service, and, above all, this war having been conducted in the midst of thirteen revolutions of civil government against a nation very powerful both by sea and land, have occasioned a very great expense to a country so young, and to a government so unsettled. This has made emissions of paper money indispensable, in much larger sums than in the ordinary course of business is necessary, or than in any other circumstances would have been politic. In order to avoid the necessity of further emissions as much as possible, the congress have borrowed large sums of this paper money of the possessors, upon interest, and have promised the lenders payment of that interest in Europe, and we therefore expect that vessels from America will bring bills of exchange upon us for this interest, a large sum of which is now due.

It is very true that our country is already under obligations to his Majesty’s goodness for considerable sums of money; the necessities of the United States have been such, that the sums, heretofore generously furnished, are nearly, if not quite expended; and when your Excellency considers that the American trade has been almost entirely interrupted by the British power at sea, they having taken so many of our vessels as to render this trade more advantageous to our enemy than to ourselves; that our frigates and other vessels which have arrived in this kingdom, have cost us a great sum; that the provision of clothing and all the munitions of war for our army, except such as we could make in that country, have been shipped from hence at our expense; that the expense we have been obliged to incur for our unfortunate countrymen, who have been prisoners in England, as well as the maintenance of those taken from the enemy, has been very considerable; your Excellency will not be surprised when you are informed that our resources are exhausted.

We, therefore, hope for the continuance of his Majesty’s generosity, and that the quarterly payment of seven hundred and fifty thousand livres may be continued. And we assure your Excellency, that the moment we are furnished with any other means of answering this demand, we will no longer trespass on his Majesty’s goodness.

We have further to inform your Excellency that we are empowered and instructed by congress, to borrow in Europe a sum of money to the amount of two millions sterling; which is to be appropriated to the express purpose of redeeming so many of the bills of credit in America, as will be sufficient, it is apprehended, to restore the remainder to their original value. We, therefore, request his Majesty’s permission to borrow such part of that sum in this kingdom, as we may find opportunity. Although we are empowered to offer a larger interest than is usually given by his Majesty, yet that we may not be any interruption to his Majesty’s service, we are willing and desirous of limiting the interest which we may offer, to the same that is given by his Majesty. And although most persons will choose to lend their money to his Majesty, yet there may be others desirous of forming connections of trade with the people in America, who will be willing to serve them in this way. And perhaps nothing will have a greater tendency to cement the connection between the two nations, so happily begun, or to insure to the French nation the benefits of the American trade, than relations of this kind.

By the eighth article of the treaty of commerce, his Majesty has engaged to employ his good offices and interposition with the Emperor of Morocco and with the regencies of Algiers, Tunis, Tripoli, and the other powers on the coast of Barbary, in order to provide as fully as possible for the convenience and safety of the inhabitants of the United States, and their vessels and effects, against all violence, insults, attacks, or depredations on the part of the said princes.

We have received information that there are already American vessels in Italy desirous of returning home, and that there are merchants in Italy desirous of entering into the American trade, but that an apprehension of danger from the corsairs of Barbary is a discouragement. We therefore request your Excellency’s attention to this case, and such assistance from his Majesty’s good offices as was intended by the treaty.

There is another thing that has occurred of late, on which we have the honor to request your Excellency’s advice. There are many Americans in England and in other parts of Europe, some of whom are excellent citizens, who wish for nothing so much as to return to their native country, and to take their share in her fortune, whatever that may be, but are apprehensive of many difficulties in removing their property.

Whether it will be practicable and consistent with his Majesty’s interest to prescribe any mode by which Americans of the above description may be permitted to pass through this kingdom with their apparel, furniture, plate, and other effects, not merchandise for sale here, without paying duties, we submit to his wisdom.

We have the honor to be, with respect, your Excellency’s, &c.

B. Franklin,

Arthur Lee,

John Adams.