TO MAJOR WILLIAM JACKSON.
Passy, June 28th, 1781.
Sir,
Since my acceptance of your bills, I have applied to the Ministry for more money to discharge the other engagements I entered into for payment of the Congress bills drawn on Holland and Spain. I find so much difficulty, and even impossibility of obtaining it at this time, that I am under the absolute necessity of stopping the cash that is in Holland, or of ruining all the credit of the States in Europe, and even in America, by stopping payment.
This is therefore to order, that, in case the said cash has been delivered to you by Messrs Fizeaux and Grand, you would immediately return it into their hands to remain there at my disposal. I am sorry that this operation is necessary, but it must be done, or the consequences will be terrible.
I have the honor to be, &c.
B. FRANKLIN.