rtainty of the payment of the sums previously lent, and of that
which has just been lent.

Thus, Sir, my hasty assurances have determined his Majesty to advance
this money, and, at the moment in which I am informed of it, I am
under the disagreeable necessity of acquainting his Minister, that the
hopes, which I had given have vanished, and that my assurances were
without foundation.

I shall say nothing to you of the embarrassing situation, in which I
am personally placed by these circumstances. But I shall take the
liberty of observing to you, that in the present juncture, the best
remedy is to take, as soon as possible, the measures which have not
been taken within the time which I had announced.

The Count de Vergennes, Sir, informs me, that the six millions are
lent to the United States, in the same manner, and on the same
conditions, as the sum which was lent last year; that is to say, that
they will be paid from month to month, at the rate of five hundred
thousand livres a month; but as it appeared, according to what you did
me the honor of writing to me previously, that you had anticipated a
part of this loan, I must entreat you to observe, that the first
months of this year will serve for paying the money thus anticipated,
and thus, that it is, accordingly, proper so to arrange the drawing of
your bills, as that they may only be presented from month to month,
and at the times when the money for paying them shall have been
obtained.

I have had the honor to inform you, Sir, that this money was loaned to
the United States in order to enable them to continue the war; the
wisdom of Congress will determine, according to circumstances, the
manner of effecting this important object, and by united efforts, of
compelling the enemy to conclude a firm and lasting peace.

It remains for me to inform you, Sir, that the King has not been able
to make this last effort, without great difficulties. I have had the
honor of communicating to you those, which prevent the success of
loans of any considerable magnitude; they are so great, that I am
ordered to announce to you, in the most positive manner, that it will
be impossible for the King, under any supposition whatever, to procure
new advances of money for Congress, for the next year. With regard to
the resources, which you may seek in other places besides France, the
letters, which I have had the honor of reading to you, do not allow
any success to be looked for, until th