mpo's want of instructions.
I reminded the Ambassador that the fate of the bills drawn upon me was
a serious subject, and if protested might eventually prove injurious
to France and Spain, as well as America, and that though France had
already done much for us, yet that it still remained a question of
policy whether it would not be more expedient for her to advance about
thirty thousand pounds sterling to save these bills, than risk the
expensive evils which the loss of our credit might occasion even to
her. The Ambassador seemed to admit this, but was apprehensive that
the great and pressing demands for money caused by the great
armaments, which France was preparing to send to different parts of
the world, would render such an advance very inconvenient, if not
impracticable.
I recapitulated in the course of the conference the various ill
consequences, which might result from protesting these bills. Among
others, I hinted at the necessity I should be under of assigning to
the world in those protests, the true reasons which had occasioned
them, viz. that I had placed too great confidence in the assurances of
his Catholic Majesty. The Ambassador objected to this as highly
imprudent, and as naturally tending to embroil the two countries,
which was by all means to be avoided, even though I could make good
the assertion. I then enumerated the various assurances I had at
different times received from the Minister, adding, that whatever
might be the consequence, I should think it my duty to pay a higher
regard to the honor of the United States, than to the feelings of a
Court by whose finesse that honor had been drawn into question.
There was also another circumstance, to which I desired him to turn
his attention, viz. that as our independence had not been acknowledged
here, the holders of the bills might commence actions against me on
them; and that it was easy to foresee the embarrassments, which would
result to all parties from such a measure. The Ambassador saw this
matter in the same point of view.
It appeared to me useful to take a general view of the conduct of
Spain towards us ever since my arrival, and to observe the natural
tendency it had to encourage our enemies, impress doubts on the minds
of our friends, and abate the desire of Congress to form intimate
connexions with Spain; and that this latter consequence might become
interesting also to France, by reason of the strict alliance
subsisting between the
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