There is a prospect, however, that the English will force this Republic into a war with them, and in such case, or indeed in any case, if there were a Minister here accredited to the States-General and to the Prince Stadtholder of the United Provinces of the Low Countries, he would assist a loan. There is another measure which may be taken by Congress to the same end; that is, sending some cargoes of produce, upon account of the United States directly here, or to St Eustatia, to be sold for the payment of interest. The sight of a few such vessels and cargoes would do more than many long reasonings and negotiations.
Another method may be taken by Congress. Make a contract with private merchants in Philadelphia, Boston, Maryland, Virginia, or elsewhere, to export annually produce to a certain amount, to Amsterdam or St Eustatia, or both, to be sold for the payment of interest. The merchants, or houses contracted with should be responsible, and known in Europe, at least some of them.
This country has been grossly deceived. It has little knowledge of the numbers, wealth, and resources of the United States, and less faith in their finally supporting their independence, upon which alone a credit depends. They have also an opinion of the power of England, vastly higher than the truth. Measures must be taken, but with great caution and delicacy, to undeceive them.
I have the honor to be, &c.
JOHN ADAMS.
TO B. FRANKLIN.
Amsterdam, October 24th, 1780.
Sir,
I have this moment the honor of your letter of the 20th of this month, and it is as cold water to a thirsty soul. I have been busily employed in making inquiries, in forming acquaintances, and in taking advice. In hopes of Mr Laurens' arrival, and wishing him to judge for himself, I have not decided upon some questions that necessarily arise. I am not able to promise anything, but I am led to hope for something. The contents of Mr Jay's letters will certainly be of great weight and use. I am assured of the good will of a number of very worthy and considerable people, and that they will endeavor to assist a loan.