Title
[Document, 1789 March 12]
Library Location
Name
Jefferson, Thomas, 1743-1826 (Author)
Jay, John, 1745-1829 (Addressee)
Format
correspondence
Digital Project
Papers of John Jay
Date
March 12, 1789
Language
English
Physical Description
6 pages
Subjects
United States--History--1783-1865; Jay, John, 1745-1829
Summary
Has purchased two of Deane's letterbooks and account books, and has sent to London to endeavor to purchase the remainder before they are offered to Deane's creditor, who keeps raising his asking price. It appears that the interest of the Dutch bankers is concurrent with that of the United States, for whenever interest becomes due on the loan, they manage to loan that amount, thereby sustaining the credit of the United States. How far this may continue does not know. It does not appear they are anxious to loan additional capital for redemption of the Algerian prisoners. France is still piqued over the outcome of the Dutch revolution, and has withdrawn her ambassador at the Hague. Internally France is calmly awaiting the outcome of the elections. Resumption of negotiations with Portugal seems advisable at this time; the United States must convince Portugal that she does not intend to interfere with her colonies, and the best way to do this is to indicate an interest in encouraging commerce between Portugal and the United States, and also between the United States and the Portuguese colonies.
Identifier
columbia.jay.10192