Econlib

The Library

Other Sites

Front Page arrow Titles (by Subject) arrow TO THOMAS JEFFERSON. - The Works of John Adams, vol. 8 (Letters and State Papers 1782-1799)

Return to Title Page for The Works of John Adams, vol. 8 (Letters and State Papers 1782-1799)

Search this Title:

Also in the Library:

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

TO THOMAS JEFFERSON. - 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.

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.


TO THOMAS JEFFERSON.

Dear Sir,

Yesterday I received your favor of 30th May, with its inclosures. You have, since that day, no doubt received my answer to yours of the 11th, in which I agreed perfectly with you in the propriety of sending Mr. Lamb to congress without loss of time. I am content to send Mr. Randal with him, but had rather he should come to you first, and then to me, and embark in London after we shall have had opportunity, from his conversation, to learn as much as we can.

The Comte de Vergennes is undoubtedly right in his judgment that avarice and fear are the only agents at Algiers, and that we shall not have peace with them the cheaper for having a treaty with the Sublime Porte. But is he certain we can ever, at any price, have peace with Algiers, unless we have it previously with Constantinople? And do not the Turks from Constantinople send rovers into the Mediterranean? And would not even treaties of peace with Tunis, Tripoli, Algiers, and Morocco, be ineffectual for the security of our Mediterranean trade, without a peace with the Porte? The Porte is at present the theatre of the politics of Europe, and commercial information might be obtained there.

The first question is, what will it cost us to make peace with all five of them. Set it, if you will, at five hundred thousand pounds sterling, though I doubt not it might be done for three, or perhaps for two. The second question is, what damage shall we suffer if we do not treat. Compute six or eight per cent. insurance upon all your exports and imports; compute the total loss of all the Mediterranean and Levant trade; compute the loss of one half your trade to Portugal and Spain. The third question is, what will it cost to fight them. I answer at least half a million a year, without protecting your trade; and when you leave off fighting, you must pay as much money as it would cost you now for peace. The interest of half a million sterling is, even at six per cent., 30,000 guineas a year. For an annual interest of £30,000 sterling, then, and perhaps for £15,000 or £10,000, we can have peace, when a war would sink us annually ten times as much.

But, for God’s sake, don’t let us amuse our countrymen with any further projects of sounding. We know all about it, as much as ever we can know, until we have the money to offer. We know if we send an ambassador to Constantinople, he must give presents. How much, the Comte de Vergennes can tell you better than any man in Europe.

We are fundamentally wrong. The first thing to be done is for congress to have a revenue. Taxes, duties, must be laid on by congress or the assemblies, and appropriated to the payment of interest. The moment this is done, we may borrow a sum adequate to all our necessities; if it is not done, in my opinion, you and I, as well as every other servant of the United States in Europe, ought to go home, give up all points, and let all our exports and imports be done in European bottoms. My indignation is roused beyond all patience to see the people in all the United States in a torpor, and see them a prey, to every robber, pirate, and cheat in Europe. Jews and Judaizing Christians are now scheming to buy up all our continental notes at two or three shillings in the pound, in order to oblige us to pay them at twenty shillings. This will be richer plunder than that of Algerines, or Lloyd’s coffee-house.

I remain, &c.

John Adams.