ll show, that another million of florins will be necessary
to effect this. We stated this to our bankers, who concurred in our
views, and that to ask the whole sum at once, would be better than to
make demands from time to time so small, as that they betray to the
money holders the extreme feebleness of our resources. Mr. Adams,
therefore, has executed bonds for another million of florins; which,
however, are to remain unissued till Congress shall have ratified the
measure; so that this transaction is something or nothing, at their
pleasure. We suppose its expediency so apparent, as to leave little
doubt of its ratification. In this case, much time will have been saved
by the execution of the bonds at this moment, and the proposition will
be presented under a more favorable appearance, according to the
opinion of the bankers. Mr. Adams is under a necessity of setting out
to-morrow morning, but I shall stay two or three days longer, to attend
to and encourage the efforts of the bankers; though it is yet doubtful
whether they will ensure us a safe passage over the month of June. Not
having my letters here to turn to, I am unable to say whether the last
I wrote mentioned the declaration of the Emperor that he should take
part in the war against the Turks. This declaration appeared a little
before, or a little after that letter, I do not recollect which. Some
little hostilities have taken place between them. The court of
Versailles seems to pursue immovably its pacific system, and from every
appearance in the country from which I write, we must conclude that its
tragedy is wound up. The triumph appears complete, and tranquillity
perfectly established. The numbers who have emigrated are differently
estimated, from twenty to forty thousand.
A little before I left Paris, I received a piece of intelligence, which
should be communicated, leaving you to lay what stress on it, it may
seem to deserve. Its authenticity may be surely relied on. At the time
of the late pacification, Spain had about fifteen ships of the line
nearly ready for sea. The convention for disarming did not extend to
her, nor did she disarm. This gave inquietude to the court of London,
and they demanded an explanation. One was given, they say, which is
perfectly satisfactory. The Russian Minister at Versailles, getting
knowledge of this, became suspicious on his part. He recollected that
Spain, during the late war, had been opposed to the entrance of a
Russia
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