Sends the balance of the accounts to be remitted to Mr. Franklin in Paris. Expects letter from Jay when Mr. Carmichael's examination is finished. Notes Jay's discontent at their last meeting and describes the lengths [Cabarrus] went to save the other man's honor, including advancing money to quiet the demands of the Marquis d'Yranda and provide for Jay's personal use. French ambassador and the Mini ster of State both refused to guarantee another loan. Ignorant of what kinds of guarantees are considered valid in a republic, but in a monarchy, an unsecured loan cannot be made without risk to the lender. Begs the other to put himself in Cabarrus' place
Subjects
United States--History--Revolution, 1775-1783; Jay, John, 1745-1829