I thank you for your attention to the question I had taken the liberty of proposing to you. I think with you, that it would be advisable to have our debt transferred to individuals of your country. There could, and would be no objection to the guarantee remaining as you propose; and a postponement of the first payments of capital, would surely be a convenience to us. For though the resources of the United States are great and growing, and their dispositions good, yet their machine is new, and they have not got it to go well. It is the object of their general wish at present, and they are all in movement, to set it in a good train; but their movements are necessarily slow. They will surely effect it in the end, because all have the same end in view; the difficulty being only to get all the thirteen States to agree on the same means. Divesting myself of every partiality, and speaking from that thorough knowledge which I have of the country, their resources and their principles, I had rather trust money in their hands, than in that of any government on earth; because, though for awhile the payments of the interest might be less regular, yet the final reimbursement of the capital would be more sure.
I set out next week for the south of France, to try whether some mineral waters in that quarter, much recommended, will restore the use of my hand. I shall be absent from Paris two or three months; but I take arrangements for the regular receipt of your favors, as if I were here. It will be better, however, for you to put your letters to Mr. Jay, under cover to Mr. Short, who remains here, and will forward them.
I have thought it my duty to submit to Congress the proposition about the French debt, and may expect their answer in four months.
I have the honor to be, with sincere esteem and respect, Sir, your most obedient, and most humble servant.
TO MESSRS. BORGNIS DESBORDES FRÈRES.
Paris, February 12, 1787.
Gentlemen,—Mr. Barclay, the American Consul General for France, being at present out of the kingdom, I have given orders to Mr. Grand, banker at Paris, to pay your draught for one hundred and eighty-six livres, advanced by you for the relief of the shipwrecked Americans. I thank you for your attention to these unfortunate people. It will rest with Mr. Barclay to give such future directions as he shall think proper for cases of this kind, which properly fall within the consular department. A certainty that your kindness will meet his thanks, and that my interference in his absence will be approved, has engaged me to do it without any hesitation. I am just setting out on a journey of two or three months, but Mr. Grand, as I have before mentioned, will pay your draught for the 168 livres whenever you shall be pleased to make it. I have the honor to be, with sentiments of the most perfect esteem and respect, Gentlemen, your most obedient, and most humble servant.
TO HIS EXCELLENCY MR. ADAMS.