With respect to the bills of exchange which might be presented, he said that at the end of the present year, or in the beginning of the next, he would have it in his power to advance twentyfive, thirty, or forty thousand pounds sterling, and in the mean time, should these bills be presented for payment, he would take such measures as would satisfy the owners of them, viz. by engaging, in the name of his Majesty, to pay them, observing that the King's good faith and credit were so well known, that he did not imagine this would be a difficult matter. He also said, that in consequence of what Mr Jay had written with respect to clothing for the American army, it might be in his power to send supplies of cloth, &c. which he would endeavor to do.

Mr Jay, in answer, assured him of his high sense of the frankness and candor with which he had been so obliging as to communicate the King's intentions and his own sentiments, and gave him the strongest assurances that he should, for his part, with the same frankness and candor, give him all the assistance and information in his power to forward his generous intentions in favor of his country, and that be might depend that in doing this, he would neither deceive him in his information, nor mislead him by ill grounded expectations.

The Count then expressed his confidence in these assurances, said he had been well informed of the characters, both of Mr Jay and Mr Carmichael, (who was present at the conference,) and said, that he considered them as les hommes honnêtes, and that no consideration could have prevailed upon him to have treated with men who did not sustain that reputation.

The Count then proceeded to the second point, viz. with respect to the treaty in contemplation between Spain and America. He began by observing, that he now spoke as a Minister, and as such, that he would be as candid and frank as he had just been speaking as a private man; and that it was always his disposition to do so with those from whom he expected the same conduct. He then proceeded to observe, that there was but one obstacle from which he apprehended any great difficulty in forming a treaty with America, and plainly intimated that this arose from the pretensions of America to the navigation of the Mississippi. He repeated the information, which the Count had received from M. Mirales, that Congress had at one time relinquished that object; that he also knew from the same source, that afterwards they had made it an essential point of the treaty. He expressed his uneasiness on this subject, and entered largely into the views of Spain, with respect to the boundaries. (He mentioned Cape Antonio and Cape ——, and expressed their resolution if possible, of excluding the English entirely from the Gulf of Mexico.) They wished to fix them by a treaty, which he hoped would be perpetual between the two countries. He spoke amply of the King's anxiety, resolution, and firmness on this point, and insinuated a wish that some method might be fallen upon to remove this obstacle. He observed, that the King had received all his impressions with respect to the necessity of this measure, previous to his being in place, and appeared to regard it as a point from which his Majesty would never recede, repeating that, still however he was disposed to give America all the aid in his power, consistent with the situation of his affairs, to distress the common enemy; that this point being insisted on, it would be necessary for the Court of Spain to obtain the most accurate knowledge of local circumstances, with which he supposed Mr Jay and his constituents were more fully apprised than his Majesty's Ministers could be. That for this purpose they had already written to the Havana and Louisiana, in order to obtain all the necessary information, which he gave reason to believe they had not yet received. He dwelt on the necessity of this information previous to any treaty, and expressed his own regret, that ways and means could not be found to obviate or overcome this impediment.

Mr Jay here took an opportunity to mention, that many of the States were bounded by that river, and were highly interested in its navigation, but observed that they were equally inclined to enter into any amicable regulations, which might prevent any inconveniences with respect to contraband or other objects, which might excite the uneasiness of Spain.

The Count, still, however, appeared to be fully of opinion, that this was an object that the King had so much at heart, that he would never relinquish it, adding, however, that he hoped some middle way might be hit on, which would pave the way to get over this difficulty, and desired Mr Jay to turn his thoughts and attention to the subject, in which he assured him he was as well disposed to assist him, as in the means of procuring the assistance and succors for America beforementioned; always repeating the King's favorable disposition, his inviolable regard to his promises, &c. &c. On this subject he also subjoined, that whenever Mr Jay chose to go to Madrid, he desired to have previous notice of it; for in those cases, he would leave his sentiments in writing for him with Mr Carmichael, or, if he should also go to Madrid, that he would then write to Mr Jay there, to which he might return an answer by the Parle (a post which goes to and from Madrid) to Aranjues, every twentyfour hours.

Mr Jay expressed his full confidence in what the Count had done him the honor to communicate to him, and assured him of his satisfaction and happiness in having the good fortune to transact a business so important to both countries, with a Minister so liberal and candid in his manner of thinking and acting.

The conference ended with much civility on the one part and on the other, and with an intimation from the Count, that he should take an opportunity of having the pleasure of Mr Jay's company at dinner, and of being on that friendly footing on which he wished to be with him.

What passed in the course of this conference needs no comment, though it calls for information and instructions. If Congress remains firm, as I have no reason to doubt, respecting the Mississippi, I think Spain will finally be content with equitable regulations, and I wish to know whether Congress would consider any regulations necessary to prevent contraband, as inconsistent with their ideas of free navigation. I wish that as little as possible may be left to my discretion, and that, as I am determined to adhere strictly to their sentiments and directions, I may be favored with them fully, and in season.

The Count de Florida Blanca had upon all occasions treated me with so much fairness, candor, and frankness, that between the confidence due to him and the footing I was and ought to be on with the French Ambassador, I was embarrassed exceedingly, especially as there is little reason to doubt of their being on confidential terms with each other. I was reduced to the necessity, therefore, of acting with exquisite duplicity, a conduct which I detest as immoral, and disapprove as impolitic, or of mentioning my difficulties to the Count, and obtaining his answers. I preferred the latter, and wrote the following letter to the Count de Florida Blanca.