Front Page Titles (by Subject) BENJAMIN FRANKLIN TO JOHN ADAMS. - The Works of John Adams, vol. 7 (Letters and State Papers 1777-1782)
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BENJAMIN FRANKLIN TO JOHN ADAMS. - John Adams, The Works of John Adams, vol. 7 (Letters and State Papers 1777-1782) 
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.
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BENJAMIN FRANKLIN TO JOHN ADAMS.
Passy, 20 October, 1780.
Understanding that in case of Mr. Laurens’s absence you are charged with the affair of procuring a loan in Holland, I think it right to acquaint you, that by a letter from Mr. Jay of the 12th instant, from Madrid, we are informed that the King of Spain has been so good as to offer his guaranty for the payment of the interest and principal of a loan of money for the use of the United States. Mr. Grand thinks that no considerable use can be made here of that guaranty, on account of the considerable loan Mr. Necker is about to make; but that possibly it may have weight in Holland. Orders will be sent to the Spanish ambassador here, by the next post, respecting this matter. I regret much the taking of Mr. Laurens. His son, I understand, sailed a fortnight after him for France, but has not yet arrived.
The Ariel has been at sea, but meeting with a terrible storm which carried away all her masts, has returned into port to refit.
I have the honor to be, &c. &c.
P. S. By a former letter from Mr. Jay, I find the sum to be one hundred and fifty thousand dollars, for which the King of Spain would be answerable, payable in the space of three years.