Title
Document, 1784 December 15
Library Location
Name
Adams, John, 1735-1826 (Author)
Jay, John, 1745-1829 (Addressee)
Format
correspondence
Digital Project
Papers of John Jay
Date
1784 December 15
Physical Description
0 pages
Subjects
United States--History--Revolution, 1775-1783; Jay, John, 1745-1829
Summary
Moroccan frigates have attacked American vessels and seized one vessel from Virginia. Insurance on American ships is rising as a result of the dangers in the Mediterranean. Something should be soon done. Some are of opinion that trade in Mediterranean not worth the expense of treaty presents; others think it humiliating to treat with such people; others, it would be manly to fight them. But trade in Mediterranean is valuable and if no treaty is made, insurance on ships will continue to rise; any resistance to the pirates would be an unequal fight. The only solution is to make a treaty, but where is the money to come from? French creditors are calling for interest and principal on loans; Dutch creditors will soon call for repayment. If Congress will borrow from Holland, they must lay "Duties" at home to raise the interest due on Dutch debts.
Identifier
columbia.jay.11829