only one of the five
instances you enumerate as entitled to that appellation. I shall
review them in their order. You remind me,
"1st. _That you risked the making me considerable advances, at a time
when I could only give you hopes, and not formal assurances of
repayment._
"I acknowledge freely and with gratitude, that (exclusive of the
commissions due to you for paying out the various sums I had placed in
your hands) you did advance me between twenty and thirty thousand
dollars; but as the United States of America were bound to repay it,
and I had reason to expect supplies to a far greater amount, I
conceived, and the event has shown, that you did not run any great
risk, although the uncertainty of the time when these supplies would
be afforded, prevented my giving you positive and formal assurances of
the time and manner of repayment.
"2dly. _That you augmented these advances to quiet the demands of the
Marquis d'Yranda._
"Permit me to remind you, that this circumstance might have been more
accurately stated. The fact was as follows. I had received about fifty
thousand dollars, which, by a prior contract, I had agreed to pay the
Marquis on account of a greater sum borrowed from him in paper. The
sum in question was in specie. You and others offered to exchange it
for paper at the then current difference. The preference was given to
you. Under that confidence, and for that express purpose, the specie
was sent to your house, and you did exchange it accordingly. With what
propriety, Sir, can you consider this transaction in the light of
making advances, or lending me money to quiet the Marquis d'Yranda? It
is true that by sending the money to your house I put it in your
power, by detaining part of it, to repay yourself what you had before
advanced. But, Sir, such a proceeding would have been a flagrant
breach of trust; and I cannot think any gentleman ought to give
himself, or expect to receive, credit for merely forbearing to do a
dishonorable action.
"3dly. _That you gave me, on my signature, the money for which I
applied to you for my personal use, without detaining any part of it
on account of the balance then due to you._
"The transaction you allude to was as follows. I had authority to draw
from his Excellency, Dr Franklin, on account of my salary. It happened
to be convenient to me to draw for a quarter. You agreed to purchase
my bill on him, and to pay me in specie at the current exchange. As it
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