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TO THE HONORABLE MR. JAY

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Paris, November 12, 1786.

Sir,—In a letter which I had the honor of writing you on the 26th of September, I informed you that a Dutch company were making propositions to the Minister of Finance here to purchase at a discount, the debt due from the United States to this country. I have lately procured a copy of their memoir which I now enclose. Should Congress think this subject worthy their attention, they have no time to lose, as the necessities of the minister, which alone has made him listen to this proposition, may force him to a speedy conclusion. The effect which a payment of the whole sum would have here, would be very valuable. The only question is, whether we can borrow it in Holland, a question which cannot be resolved but in Holland. The trouble of the trial, and the expense of the transaction, would be well repaid by the dispositions which would be excited in our favor in the King and his ministers. I have the honor to be, with sentiments of the most perfect esteem and respect, Sir, your most obedient, and most humble servant.

The Writings of Thomas Jefferson, Vol. 2 (of 9)

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