A Minute of the sixteen enclosed Bills, viz.
Livres 6000drawn by P. Joyes & Sons, on Tourton & Baur.
6100 do do
6150 do do
6200 do do
6250 do do
6300 do do
6400 do do
6600 do do
5900 "  by F. Vre. Gorvea, on Tassin, Father & Son.
6000 do do
6500 do do
6800 do do
7000 do do
7500 do do
8000 do do
 8800 do do
    106,500 in sixteen second bills, all at 90 days date, with which pray procure the first accepted, acknowledging receipt as soon as possible.

TO JAMES GARDOQUI AT MADRID.

Paris, May 8th, 1777.

Dear Sir,

I received yours of the 24th ultimo, with its enclosures, which I have disposed of as the enclosed receipt will show. It is taken for granted, that they are for the purposes settled at Vitoria, and to such the produce of them and of the rest will be applied.

I beg you will express my warmest sense of this assistance, where you know the expression of it is due. The business in which we have engaged in Holland will be much more expensive, than the estimate, which is too often the case. Assistance therefore comes very apropos. As I am obliged to make another little journey, I must beg you for the future to correspond with Dr Franklin, and substitute his name for mine on the paper. He will do every thing that is necessary, and correspond with you in my place. You are not likely to be a loser by the change.

We have not had any express lately from America, but expect one every moment. Our enemies have had several, and as they choose to be perfectly silent as to their contents, and leave the public to reports and conjectures, it is presumable that at least nothing favorable has happened on their side. The Congress is certainly returned to Philadelphia, which is an unquestionable proof of the security in which our late advantages have placed that city. We have lost within these two months four very valuable rice, indigo, and tobacco ships by treachery and capture. But in return, one week’s advices of the captures we have made, according to the estimate in London, exceeds £200,000 sterling, in British goods. Indeed, common sense might have forewarned them of this, because they have twenty ships at sea for one of ours, and the number of privateers is always in proportion to the temptation, that is, to the probability of making prizes. Without the second sight, therefore, of their Scotch advisers, they might have foreseen that their commerce would suffer infinitely in this foolish and wicked war.

I have the honor to be, &c.

ARTHUR LEE.