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it is reasonable and just that he should render, and that they should accept, a compensation equivalent to the value of them. And the same principles of justice towards the parties, and of amity to the United States, which influenced the breast of his Majesty to make, through the Baron de Waltersdorff, the proposition of a particular sum, will surely lead him to restore their full value, if that were greater, as is believed, than the sum proposed. In order to obtain, therefore, a final arrangement of this demand, Congress have authorized me to depute a special agent to Copenhagen, to attend the pleasure of his Majesty. No agent could be so adequate to this business, as the Commodore Paul Jones, who commanded the squadron which took the prizes. He will, therefore, have the honor of delivering this letter to your Excellency, in person; of giving such information as may be material, relative to the whole transaction; of entering into conferences for its final adjustment, and, being himself principally interested, not only in his own right, but as the natural patron of those who fought under him, whatever shall be satisfactory to him, will have a great right to that ultimate approbation, which Congress have been pleased to confide to me.

I beg your Excellency to accept the homage of that respect which your exalted station, talents, and merit impress, as well as those sentiments of esteem and regard with which I have the honor to be, your Excellency's most obedient, and most humble servant.

 

TO MR. WILLIAM RUTLEDGE.

Paris, Feb. 2, 1788.

Dear Sir,—I should sooner have answered your favor of Jan. the 2d, but that we have expected for some time to see you here. I beg you not to think of the trifle I furnished you with, nor to propose to return it, till you shall have that sum more than you know what to do with. And on every other occasion of difficulty, I hope you will make use of me freely. I presume you will now remain at London, to see the trial of Hastings. Without suffering yourself to be imposed on by the pomp in which it will be enveloped, I would recommend to you to consider and decide for yourself these questions. If his offence is to be decided by the law of the land, why is he not tried in that court in which his fellow-citizens are tried, that is, the King's bench? If he is cited before another court, that he may be judged, not according to the law of the land, but by the discretion of his judges, is he not disfranchised of his most precious right, the benefit of the laws of his country, in common with his fellow-citizens? I think you will find, in investigating this subject, that every solid argument is against the extraordinary court, and that every one in its favor is specious only. It is a transfer from a judicature of learning and integrity, to one, the greatness of which is both illiterate and unprincipled. Yet such is the force of prejudice with some, and of the want of reflection in others, that many of our constitutions have copied this absurdity, without suspecting it to be one. I am glad to hear that our new Constitution is pretty sure of being accepted by States enough to secure the good it contains, and to meet with such opposition in some others, as to give us hopes it will be accommodated to them, by the amendment of its most glaring faults, particularly the want of a declaration of rights.

The long expected edict of the Protestants, at length appears here. Its analysis is this. It is an acknowledgment (hitherto withheld by the laws) that Protestants can beget children, and that they can die, and be offensive unless buried. It does not give them permission to think, to speak, or to worship. It enumerates the humiliations to which they shall remain subject, and the burthens to which they shall continue to be unjustly exposed. What are we to think of the condition of the human mind in a country, where such a wretched thing as this has thrown the State into convulsions, and how must we bless our own situation in a country, the most illiterate peasant of which is a Solon, compared with the authors of this law. There is modesty often, which does itself injury; our countrymen possess this. They do not know their own superiority. You see it; you are young, you have time and talents to correct them. Study the subject while in Europe, in all the instances which will present themselves to you, and profit your countrymen of them, by making them to know and value themselves.

Adieu, my dear Sir, and be assured of the esteem with which I am your friend and servant.

 

TO HIS EXCELLENCY MR. ADAMS.

Paris, Feb. 6, 1788.

Dear Sir,—The Commissioners of the Treasury have given notice to Willincks and Van Staphorsts, that they shall not be able to remit them one shilling till the New Government gets into action, and that therefore the sole resource for the payment of the Dutch interest till that period is in the progress of the last loan. Willinck and Van Staphorst reply that there is not the least probability of raising as much on that loan as will pay the next June interest, and that, if that payment fails one day, it will do an injury to our credit, which a very long time will not wipe off. A Mr. Stanitski, one of our brokers, who holds $4,340,000 of our domestic debt, offers, if we will pay him one year's interest of that debt, he will have the whole of the loan immediately filled up, that is to say, he will procure the sum of six hundred and twenty-two thousand eight hundred and forty florins still unsubscribed. His year's interest (deducting from it ten per cent. which he will allow for payment in Europe instead of America) will require one hundred and eighty thousand florins of this money. Messrs. Willinck and Van Staphorsts say that, by this means, they can pay Fiseaux' debt, and all the Dutch interest, and our current expenses here, till June, 1789, by which time the New Government may be in action. They have proposed this to the Commissioners of the Treasury; But it is possible that the delay of letters going and coming, with the time necessary between the receiving their answer and procuring the money, may force the decision of this proposition on me at the eleventh hour. I wish, therefore, to avail myself of your counsel before your departure, on this proposition. Your knowledge of the subject enables you to give the best opinion, and your zeal for the public interest, and I trust your friendly disposition towards me will prompt you to assist me with your advice on this question, to wit, if the answer of the Commissioners does not come in time, and there shall appear no other means of raising the June interest, will it be worse to fail in that payment, or to accept of about seven hundred thousand florins, on the condition of letting one hundred and eighty thousand be applied to the payment of a year's interest of a part of our domestic debt? Do me the friendship to give me an answer to this as soon as possible, and be assured of the sentiments of esteem and respect with which I have the honor to be, dear Sir, your most obedient, and most humble servant.

 

TO THE COMMISSIONERS OF THE TREASURY.

Paris, Feb. 7, 1788.

Gentlemen,—Your favors of November the 10th and 13th, and December the 5th, have been duly received. Commodore Jones left this place for Copenhagen, the 5th instant, to carry into execution the resolution of Congress of October the 25th. Whatever moneys that court shall be willing to allow, shall be remitted to your bankers, either in Amsterdam or Paris, as shall be found most beneficial, allowing previously to be withdrawn Commodore Jones' proportion, which will be necessary for his subsistence. I desired him to endeavor to prevail on the Danish Minister to have the money paid in Amsterdam or Paris, by their banker in either of those cities, if they have one.

M. Ast (secretary to the consulate) is at L'Orient. Whether he comes up with the papers, or sends them, they shall be received, sealed up and taken care of. I will only ask the favor of you, that I may never be desired to break the seals, unless very important cause for it should arise.

I have just received from Messrs. Willincks and Van Staphorsts, a letter of January the 31st, in which are these words: "The official communication we have of the actual situation and prospect of the finances of the United States, would render such a partial payment as that to Fiseaux' house of no avail towards the support of the public credit, unless effectual measures shall be adopted, to provide funds for the two hundred and seventy thousand florins, interest, that will be due the 1st of June next; a single day's retard in which would ground a prejudice of long duration." They informed me, at the same time, that they had made to you the following communication: that Mr. Stanitski, our principal broker, and holder of thirteen hundred and forty thousand dollars, of certificates of our domestic debt, offers to have our loan of a million of guilders (of which six hundred and twenty-two thousand eight hundred and forty are still unfilled) immediately made up, on condition that he may retain thereout, one hundred and eighty thousand guilders, being one year's interest on his certificates, allowing a deduction of ten per cent. from his said interest, as a compensation for his receiving it in Amsterdam instead of America, and not pretending that this shall give him any title to ask for any payment of future interest in Europe. They observe, that this will enable them to face the demands of Dutch interest, till the 1st of June, 1789, pay the principal of Fiseaux' debt, and supply the current expenses of your legation in Europe. On these points, it is for you to decide. I will only take the liberty to observe, that if they shall receive your acceptance of the proposition, some day's credit will still be to be given for producing the cash, and that this must be produced fifteen days before it is wanting, because that much previous notice is always given to the creditors that their money is ready. It is, therefore, but three months from this day, before your answer should be in Amsterdam. It might answer a useful purpose also, could I receive a communication of that answer, ten days earlier than they. The same stagnation attending our passage from the old to the new form of government, which stops the feeble channel of money hitherto flowing towards our treasury, has suspended also what foreign credit we had. So that, at this moment, we may consider the progress of our loan as stopped. Though much an enemy to the system of borrowing, yet I feel strongly the necessity of preserving the power to borrow, Without this, we might be overwhelmed by another nation, merely by the force of its credit. However, you can best judge whether the payment of a single year's interest on Stanitski's certificates, in Europe, instead of America, may be more injurious to us than the shock of our credit in Amsterdam, which may be produced by a failure to pay our interest.

I have only to offer any services which I can render in this business, either here or by going to Holland, at a moment's warning, if that should be necessary.

I have the honor to be, with sentiments of the most perfect esteem and respect, Gentlemen, your most obedient, and most humble servant.

 

TO DOCTOR

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