Title
[Document, 1780 October 02]
Library Location
Rare Book & Manuscript Library, Columbia University
Name
Franklin, Benjamin, 1706-1790 (Author)
Jay, John, 1745-1829 (Addressee)
Format
correspondence
Digital Project
Papers of John Jay
Date
October 02, 1780
Language
English
Physical Description
7 pages
Subjects
United States--History--Revolution, 1775-1783; Jay, John, 1745-1829
Summary
He is distressed by the flood of bills drawn upon him by Congress and has written to them to desist in the practice lest it lead to a loss of their credit. On application to the French court, he has received the assurances of the King that funds will be granted to him to satisfy the demands against the United States. Included in the amount favorable considered was 25,000 dollars, which he feels Jay will eventually have to call upon him to pay. John Jay, in repayment, may embrace Mrs. Jay, whom Franklin appoints his attorney for this purpose. Keep in good temper concerning Spain-for they owe the U.S. nothing. Even if they give but little help, at least they are on U.S. side. As to Mississippi, Franklin would rather buy out all Spanish rights than sell a drop of its waters. In America spirits are high, and the new money enjoys high credit.
Identifier
columbia.jay.05590