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MVIII. FROM ROBERT MORRIS

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Philadelphia, 5 December, 1781.

Sir:—

I was yesterday morning favored with yours of the 12th of September, enclosing third copies of your two letters of the 26th of July, also a copy of Count de Vergennes’ letter to you of the 23d of August. I find by these letters that the idea I had entertained as to the advances made by the court was not so favorable as the truth, and that the ten millions of livres, or five millions of florins, to be borrowed in Holland, will be over and above those advances. How much pleasure I receive from that circumstance you will easily conceive. It is an additional pleasure that the labor of adjusting the matters mentioned in mine of the 27th of November will be saved to you.

I am much surprised to find so large purchases made on account of the United States in Holland. If every thing else were equal, the generous conduct of France towards us has been such that I cannot but think that every possible preference ought to be given to the manufactures of that nation. But there is, in my opinion, very essential preference of a different kind. The position of Amsterdam is unfavorable, in a war with England, to a commerce with this country. France also can, and I suppose will, give convoy to the articles procured there. But I will dwell no longer on the subject, for I trust that nothing of the kind will happen hereafter.

Should the loan be obtained, you will be so kind, sir, as to deposit one million of florins with Mr. Grand, to whom I will pray you to deliver the enclosed letter. I shall, in consequence, not draw upon you for a million of livres, in favor of Messrs. Le Couteulx & Co., as I intended; and, in like manner, I beg leave to revoke what I have said on the subject of paying all balances into their hands. One million of florins you will also be pleased to deposit with the house of Grand, at Amsterdam, sending me the precise address of both, so that I can direct my bills properly to them. Nearly one million will be necessary to pay the invoice sent. The remaining two millions I wish may be shipped from France in gold, by proper vessels of war, which, I dare say, will readily be provided by M. de Castries.

I perceive you have not written to Congress on the subjects mentioned in the letter of the Count de Vergennes of the 23d of August, which I am glad of. The more that an opinion prevails here that we must succor ourselves, the more we shall do it; and, therefore, I shall not communicate what you have said, for the present; but, as the best acknowledgment, I shall endeavor to further the operations against the common enemy, and draw forth all our resources for an early and vigorous campaign. The splendid and important success which has crowned the combined arms in Virginia is, I hope, only an earnest of what is to be done next year. These are the returns, which we shall make to the king, for the aid he so generously affords. And I have a very particular satisfaction in assuring you that throughout this country a strong attachment to the French nation is daily taking place of that blind partiality once felt for every thing which had the name of English. Let me add, for your use, a piece of mercantile information, lately communicated to me from unquestionable authority. The demand for French goods in this country has raised the prices in France from twenty to thirty per cent. The importations have reduced the prices here nearly twenty per cent, and the exchange, you already know, has been raised considerably.

I shall say nothing to you in this letter on the subject of future supplies, because I feel a conviction that you will obtain such as may be necessary. I will only repeat what I have often said, let them be early. I enclose a letter to M. de Fleury, which you will either deliver or not, as may best answer your purposes. I hope often to have the pleasure of hearing from you, and I pray you to believe me to be, with very great truth, dear sir, etc.,

Robert Morris.

The Works of Benjamin Franklin, Volume 9

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