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es, the assistance of the King, and added to the reasons previously given, that, without this assistance the continental army could no longer be kept together, nor disbanded without danger. After having conferred on this subject with M. Joly de Fleury, I made a report upon it to the King. I informed his Majesty of the embarrassments of Congress, and of their inability to provide for their necessities by means of taxes, which the imperfections or the weakness of a rising Administration did not permit them to levy. The King had already, by great sacrifices, fulfilled in their behalf, the duties of a most tender father, during the continuance of their moral infancy. Since the nation reached the period of maturity, consecrated by its emancipation and political independence, it seemed that it ought to be sufficient for itself, and not to require new efforts of the generosity of its ally; but without being prevented by these considerations, the King, faithful to his attachment to the United States, was pleased, under these circumstances, to give a new proof of it, and notwithstanding the difficulties, which his Majesty experienced in his own finances, he determined, according to my report of the 20th of December last, to grant to Congress a new loan of _six millions of livres tournois_, for the service of the United States, during the course of the present year. He also authorised the advancing of a sum of money previously granted, which Dr Franklin earnestly solicited. I informed that Minister of it, who, in his answer of January 25th, gratefully accepted these new favors in the name of the United States. I informed him, moreover, that they could not be increased, and that his Majesty would in no case be a guarantee for other loans, which he might procure in Holland or elsewhere. I have thought proper to enter into these details with you, Sir, in order that you may be able to communicate them to Congress, and that that body may be informed by you of the last financial arrangements, which his Majesty has been pleased to decide upon, in favor of the United States. I have since concerted with Dr Franklin, those measures, which were necessary for fixing the conditions and the terms of payment of the loan of six millions of livres, of which I have been speaking. They were stipulated in a contract made on the 25th of February last, which we signed by virtue of our respective full powers, as we had done with regard to preceding
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