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

TO MESSRS. WILLINK AND OTHERS. - John Adams, The Works of John Adams, vol. 8 (Letters and State Papers 1782-1799) [1853]

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. 8.

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

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TO MESSRS. WILLINK AND OTHERS.

Gentlemen,

I have just received your favor of yesterday, and thank you for the promptitude with which you answered mine of the 29th ult.

I have been informed particularly by the two worthy pensionaries, Van Berckel and Visscher, as well as by your letter, of the difficulties of succeeding with your venerable regency, and, therefore, see no hopes of saving the bills, but in the plan of a new loan, or in that which you propose, which, I fully agree with you, is much better for many reasons.

Your judgment in these things is much better than mine, and, therefore, if we cannot do better, in your opinion, I will agree with you to the sacrifice of four to five per cent., for all the extraordinary gratifications and allowances.

I have not yet received from any quarter, before I received your letter, the least intimation that the Bank of Philadelphia had stopped payment on account of false notes in circulation. And I cannot credit such a report, because, if it were true, it would have been most industriously spread in Europe, with all its details and evidence, by the many enemies we have among the stockjobbers in England and elsewhere.

With esteem, &c.

John Adams.