I also wrote this evening to Dr Franklin, and I insert the following extracts from the letter, because they contain matters proper for you to know.
"Madrid, February 11th, 1782.
"Dear Sir,
I have been so engaged these two days, as not to have had time to reply fully to yours of the 19th ult.
"I flattered myself that the loan in Holland would have afforded funds for all our bills and present demands, and am sorry to hear that this is not the case. Could not that loan be extended to a further sum?
"The conduct of this Court bears few marks of wisdom. The fact is, they have little money, less credit, and very moderate talents.
"My ideas correspond exactly with yours respecting the propriety of presenting such a memoir as you propose. The Ambassador of France, however, is decided against it, and it appears to me imprudent to disregard his opposition.
"I have not as yet received a single letter by or from the Marquis de Lafayette.
"I am, &c.
JOHN JAY."