Document, 1786 February 16

Title:
Document, 1786 February 16
Library Location:
National Archives and Records Administration
(Non-Columbia Location)
Name:
Adams, John Quincy, 1767-1848; Jay, John, 1745-1829
Format:
correspondence
Digital Project:
Papers of John Jay
Date:
1786 February 16
Note:
The entire content of the original has been digitized.
Physical Description:
0 pages
Subjects:
United States--History--Revolution, 1775-1783; Jay, John, 1745-1829
Summary:
The expenses of insuring American vessels at London is not worth the premium, only two ships have been taken by Algerines, one by Morocco. American merchants should open insurance offices at home. Lamb drew pounds 2,000 on Adams at Madrid; Adams dubious about Lamb as result of reports and opinions but Randall "may supply any deficiencies" Beaumarchais has delayed Barclay and Franks' departure for Morocco, Emperor may have already sent out frigates, even if the agents were arrived in time there is little reason for confidence in their success. $80,000 not enough to secure treaties of peace. Without loan from Holland American resources in Europe will soon be exhausted. African peace can be secured by negotiation or war; European way is to war and negotiate at the same time; Barclay and Lamb "armed only with innocence and the olive branch."
Identifier:
columbia.jay.11881

Document, 1786 February 16