"A day or two afterwards, viz. the 6th instant, I was permitted to accept bills to the amount of one thousand one hundred and ten dollars.
"On the 13th, M. Gardoqui, by order of the Minister, told me, that the exigencies of the State would not permit the King to provide for the payment of more of the bills than had been already accepted, amounting to about fourteen thousand dollars. This gave occasion to my letter to the Minister of the 14th, and to his answer of the 15th, which was dictated by him to M. Del Campo, and by M. Del Campo to M. Gardoqui, copies of both of which your Excellency will receive from Count Montmorin. The Minister's answer made a conference between us expedient. I requested that favor the 15th instant, and have been informed that the Count de Florida Blanca will endeavor to see me on Saturday evening next.
"I forbear remarks on this singular conduct. I wish it could be explained in a manner compatible with the reputation Spain enjoys in North America. I much fear partial resentments, which ought not to affect America, have been permitted to have an undue degree of influence, and that the Minister forgot in his zeal for a certain scheme of finance, that it was unjust to wound opponents through the sides of their friends. But whatever may have been the cause; the effect, unless removed, will be destructive, and France only can at present afford the means of doing it.
"When I consider, on the one hand, that France was our first, and is still our best, and almost only friend; that she became our ally on terms of equality, neither taking, nor attempting to take ungenerous advantages of our situation; that she has clothed and armed our troops, and is at this moment assisting us with her fleets, her armies, her treasure, and her blood; gratitude and generosity forbid me to solicit a further tax on her magnanimity. But, on the other hand, when I reflect that the loss of American credit would be a loss to the common cause, and an eventual injury to France; that such an event would be a matter of triumph to our common enemy; and of pain to our friends; that the honor of Congress, suspended on the fate of these bills, now hangs as it were by a hair, and that our enemies here and elsewhere are doing all in their power to cut it; when I consider, that America would feel more sensibly the loss of reputation in this instance, than the loss of battles in many others; I say, Sir, when I consider these things, I find it to be my duty to request your Excellency to interpose the amity of France, and that his Majesty will be pleased to add this strong link to the chain of benefits, by which he has already bound the affections of America to his family and people.
"I ought to inform your Excellency, that bills for about fifty thousand dollars remain unaccepted. The greater part of these are in the hands of merchants, who waited my answer with a degree of patience, I could not have expected; some of them ever since the month of June last. Further delays, therefore, were not to be asked or obtained, and I was reduced to the necessity, either of promising to accept them, or permit the credit of Congress to perish with them. I could not long hesitate. I promised to accept them. Fortunately, these bills have hitherto come on slowly, though, it is probable, that the assurances of Spain, which I have communicated to Congress, may quicken their pace. A period, however, will soon be put to their drawing, as I have written to them by several conveyances immediately to stop.
"I ought also to inform your Excellency, that a promise made me in June last of some clothing for our troops has been renewed, and that his Majesty has been pleased to offer us his responsibility to facilitate a loan of one hundred and fifty thousand dollars. I shall endeavor to make the most of this offer, and your Excellency may rest assured, that I shall gladly embrace every measure, which may be calculated to lessen the weight with which the American cause presses on the finances of France.
"I have the honor to be, &c.
JOHN JAY."
I also sent a copy of this letter to Dr Franklin, enclosed in one of which the following is a copy.
St Ildefonso, Sept. 22d, 1780.