Document, 1780 April 29

 

Title
Document, 1780 April 29
Library Location
Huntington Library, Art Collections, and Botanical Gardens
Name
Jay, John, 1745-1829 (Author)
Floridablanca, José Moñino y Redondo, conde de, 1728-1808 (Addressee)
Format
correspondence
Digital Project
Papers of John Jay
Date
1780 April 29
Physical Description
0 pages
Subjects
United States--History--Revolution, 1775-1783; Jay, John, 1745-1829
Summary
As of last Sept. Congress decided to emit no more bills. They called on the states to aid in paying the $200 million in circulation. Relying on the goodwill and interest of Spain, Congress decided to draw bills on Jay for 100,000 pounds sterling payable in six months. The measure had to be taken before January and that is the reason for drawing before any money had been made available. Jay regrets not being able to advise Spain of this sooner.
Identifier
columbia.jay.03347