Front Page Titles (by Subject) JAY TO BENJAMIN FRANKLIN. - The Correspondence and Public Papers of John Jay, vol. 1 (1763-1781)
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JAY TO BENJAMIN FRANKLIN. - John Jay, The Correspondence and Public Papers of John Jay, vol. 1 (1763-1781) 
The Correspondence and Public Papers of John Jay, ed. Henry P. Johnston, A.M. (New York: G.P. Putnam’s Sons, 1890-93). Vol. 1 (1763-1781).
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JAY TO BENJAMIN FRANKLIN.
Madrid, April 27, 1780.
I am much obliged by the readiness with which my bills were accepted, and am happy to find that the reports respecting the state of others are as false as they have been injurious. At Martinico the Loan Office Bills sold at a considerable discount, and indeed it was no easy matter to sell them at all. I shall take the earliest opportunity of setting them and others right about that matter.
On my return from Aranjues, where I propose to go to-morrow, I shall transmit the papers you mention, with some others equally interesting. I can easily believe that your difficulties have been great and various. They were often the subject of conversation in America, and I am sure your friends, as well as country, will rejoice in the late important success of your negotiations. The French Court, by continuing steady and true to the objects of their treaty with us, will obtain those which induced them to make it. Their conduct towards us hitherto has, I confess, attached me to the whole nation in a degree that I could not have thought myself capable of ten years ago. In my opinion Britain is to be conquered in America, and that it would be more for the interest of her enemies to confine their offensive operations to that point than enfeeble their efforts by attention to many lesser objects. Let America be supplied with money, clothes, and ammunition, and she will, by expelling her enemies and establishing independence, do more essential injury to those imperious islanders than they have sustained for centuries.
What aid this court may be pleased to afford us is not yet ascertained. I hope they will be such as may be proportioned to the common interest, their dignity, and our wants. The minister, I am told, is able, and the King honest. On this ground I place much dependence, for I can hardly suppose that either of them will omit embracing this golden opportunity of acquiring glory to themselves and honour and advantage to their nation by completing the division and ruin of the British Empire, and that by measures which will in so great a degree conciliate the affections as well as esteem of America.
Mrs. Jay has enjoyed more health within this fortnight than she has been blessed with for three months past. She presents her respects to you, and begs that your next letter to me may enclose for her one of the best prints of yourself, which we are told have been published in France, but are not yet to be had here. I believe there is no man of your age in Europe so much a favourite with the ladies.
I am, dear sir, with great esteem and regard,
Your most obedient servant,