Sidor som bilder

H. OF R.]

Negotiation with the Mediterranean Powers.

[FEBRUARY, 1797.

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said it was consistent with the Law of Nations, in negotiating a Treaty with Algiers, while he should and under the existing circumstances of our Go- proceed himself to France, for the purpose of obtaining vernment. Then, if he cannot show why inju- the co-operation of that Government in this negotiation. rious now, why should he anticipate its alteration

They arrived at Gibraltar on the 17th of May. Coat the end of two years? Seeing no use in the lonel Humphreys concluded that it was expedient for amendment, but the contrary, he should vote Mr. Donaldson to go first to Alicant, rather than Alagainst it.

giers, in order to be near at hand, to ascertain facts and The question was put for continuing the act in profit of occasions. He gave him instructions accordforce two years, instead of making it permanent, Consul at Gibraltar, to renew our peace with the Em

ingly; and having also instructed Mr. Simpson, our and carried-ayes 52.

peror of Morocco, Colonel Humphreys sailed from Gi. The Committee rose, and the House agreed to braltar the 24th of May, and arrived at Havre de Grace the reported resolution, and the bill was ordered on the 26th of June ; from whence he set off immedifor a third reading to-morrow.

ately for Paris. The object of his mission was com

municated by our Minister, Colonel Monroe, to the NEGOTIATION WITH THE MEDITERRA

Committee of Public Safety. On the 1st of July he NEAN POWERS.

had received only a verbal answer, that the French GoMr. W. Smith moved that the House should vernment was disposed to interest itself, and to do evego into a Committee on the business, which would ry thing in its power, to promote the accomplishment require the galleries to be closed; the SPEAKER of our wishes on the subject in question. On the 28th, accordingly put the question for going into a Com- assurances were received that immediate measures mittee of the Whole on the bill to authorize a should be taken for giving particular instructions to the negotiation with the Mediterranean Powers, which, agents of the Republic, to use its influence in co-opebeing carried, the galleries were cleared 'accord” rating with us. The multiplicity of affairs with which

the officers of Government were occupied, and the getingly.

After the galleries were cleared, the bill was ting from London a sum of money necessary to puragreed to with amendments, and ordered for a of this arrangement at Paris until September. It

chase the usual peace presents, prevented a conclusion third reading to-morrow. On motion that the House come to the follow- and Colonel Monroe, that Joel Barlow should be ein

had been judged expedient, by Colonel Humphreys ing resolution :

ployed in the negotiation with the Barbary States, and Resolved, That the injunction of secrecy upon the his consent had been obtained. By the 11th of Sepmembers of this House, so far as it relates to that part tember, all the writings on the part of Colonel Hum. of the communication made by the President, by his phreys were prepared for Mr. Barlow, to proceed with Message of January 9, which has beeen printed, be the instructions and powers from the Government of taken off

, and that all future debates and proceedings the French Republic to its agents in Barbary, in favor thereon be had with open doors.”

of our negotiation. A motion was made to insert, after the words

Colonel Humphreys left Paris the 12th of Septem“ be taken off," " together with the letter of Messrs. ber, and reached Havre the 14th, where he found the Barlow and Donaldson, of April 5, 1796." The master and mate of the United States brig Sophia, both question on the amendment was taken by yeas their recovery, he received intelligence from our Con.

sick with fevers. While waiting there impatiently for and nays, and lost-yeas 19, nays 65. The main question was then taken by yeas and Treaty of Peace with the Dey of Algiers ; nevertheless,

sul at Marseilles, that Mr. Donaldson had concluded a nays, and resulted-yeas 53, nays 36.

Colonel Humphreys thought it expedient that Mr. Bar

low should proceed with the presents prepared and preReports of the Secretary of State and the Secretary of would be wanted in the negotiation with Tunis and

paring at Paris ; for, if not needed at Algiers, they the Treasury, relative to the present situation of af- Tripoli. fairs with the Dey and Regency of Algiers, accompanying the following confidential Message from the from Havre, and after a stormy passage of more than

About the 5th of October, Colonel Humphreys sailed President of the United States, received the 9th of forty days, arrived at Lisbon on the 17th of November, January, 1797:

There he found Captain O'Brien, who had arrived Gentlemen of the Senate, and of

about the 1st of October, with the Treaty with Algiers. the House of Representatives :

On the of September Mr. Donaldson arrived at Herewith I lay before you, in confidence, reports Algiers, and on the 5th the Treaty was concluded, and from the Departinents of State and the Treasury, by the peace presents immediately given, by a loan. Mr. which you will see the present situation of our affairs Donaldson, knowing that funds had been lodged in with the Dey and Regency of Algiers.

London to answer his stipulations, engaged to make the G. WASHINGTON. payments in three or four months. UNITED STATES, January 9, 1797.

Colonel Humphreys had received advice, under data To the President of the United States, the Secretary to whom the funds had been remitted, that, having

of the 30th July, from the Messrs. Barings, in London, of State respectfully makes the following brief re- made progress in the sales of the United States presentation of the affairs of the United States, in stock, they should hold, at his disposal, the whole of relation to Algiers :

the value of $800,000, meaning to furnish, by antici. When Colonel Humphreys left America, in April, pation, the value of that part which remained unsold, 1795, he was accompanied by Joseph Donaldson, Esq., if the service of the United States required it. Colonel who had been appointed Consul for Tunis and Tripoli; Humphreys, counting on the money as always ready and him Colonel Humphreys was authorized to employ after this period, sent Captain O'Brien from Lisbon to FEBRUARY, 1797.]

Negotiation with the Mediterranean Powers.

[H. OP R.

London, in the brig Sophia, to receive it. Owing to On the 31st ultimo I received a letter from Mr. Barcontrary winds, she did not leave Lisbon till the 24th of low, dated the 13th of July, informing that the agent, December. The other details, relative to the pecunia- Mr. Famin, at Tunis, who had been recommended to ry transactions, appear in the report of the Secretary him by the French Consul Herculias, had concluded, of the Treasury.

with the Bey of that Regency, a truce for six months, The disappointments in the pecuniary negotiations, from the 15th day of June last, and that without any put the Treaty in jeopardy; the Dey threatened to presents

TIMOTHY PICKERING, abandon it, and it was with extreme difficulty that it

Secretary of State. was prevented. Mr. Barlow did not arrive at Alicant DEPARTMENT OF STATE, January 6, 1797. until February, 1796, where he proposed to wait the arrival of the funds ; but, after a little time, his intelli- The Secretary of the Treasury, in obedience to direcgence from Algiers showing that our affairs were in a critical situation, he determined to go thither immedi

tions from the President of the United States, reately, with the hope of soothing the Dey. He arrived

spectfully makes the following representation rethere the 4th of March ; they had before prolonged the

specting the application of the funds destined for

the execution of the Treaty with Algiers : time to the 8th of April for the payment of the stipulated sums. On the 3d of this month the Dey declared

In pursuance of an act passed on the 21st day of what should be his final determination—that in eight February, 1795, the sum of $800,000 was borrowed of days Mr. Barlow and Mr. Donaldson should leave Al- the Bank of the United States, which was paid in six giers ; and if, in thirty days after, the money was not per cent. stock. A conviction of the case, and a dispopaid, the Treaty should be at an end, and his cruisers sition to accommodate the Government alone induced should bring in American vessels. Under these cir- the Bank to consent to the loan, as the stock was then cumstances, and as the last hope of saving the Treaty, saleable in large quantities at par, including interest. they were induced to offer the present of a frigate | Bills of exchange were not readily obtainable, and the this fortunately succeeded. For the particulars of this sudden exportation of so considerable a sum in specie transaction, the Secretary begs leave to refer to the en- would have been attended with inconvenient effects. closed letter from Messrs. Barlow and Donaldson.

Indeed, no alternative offered but to renounce the neColonel Humphreys not deeming himself authorized gotiation, or to remit stock as a fund. to confirm this promise of a frigate, referred the matter

Various causes operated to produce a depression of to the Executive of the United States ; and for this all kinds of public stock, soon after the remittances had end dispatched Captain O'Brien, in the brig Sophia, to been made. The rates at which sales have been effectAmerica. There was evidently no alternative; and ed are as follows: the promise was confirmed.

$560,000 sold for sterling £111,053 13 0 The frigate is now building in Portsmouth, New

230,000 remained unsold at Hampshire, and is expected to be finished in the spring.

the date of the latest Captain O'Brien returned to Lisbon, where he arrived

advices, which may

be estimated at 80 on the

of July. Colonel Humphreys had advantageously negotiated bills on London for $225,000.

per cent.

43,200 00 This sum was embarked on board the Sophia, and, on the 3d of August, Captain O'Brien set sail for Algiers. $800,000 in stock will, thereHe has not since been heard of, and there is room to

fore, produce in sterfear that some misfortune has befallen him. The mo

ling money

• £154,253 15 0 ney was insured at a small premium, against the danger of the sum of $396,911 37 appropriated

or $685,572 22 of the seas; against all risks they demanded so high a

for Treaties with Mediterranean Powpremium as Colonel Humphreys judged it inexpedient to give, seeing the Sophia was a vessel of the United

ers, by the act of May 31, 1796, there States, having a special passport from the President, as

was an estimate for a deficiency on acwell as a passport in the Turkish language, under the

count of the Treaty with Algiers, the seal of the Dey of Algiers.

sum of

51,132 00 Such arrangements have been made by Mr. Barlow and Mr. Donaldson, at Algiers and Leghorn, as will The whole of the grants for the Algerine doubtless insure the payment of the $400,000 origin

Treaty may therefore be considered as ally expected from the latter place; and the same house

equal to an effective fund in London, of $736,704 22 have become engaged to the Dey and Regency for the residue of the money due as the price of peace, without the expenses of carrying the Treaty into which he would not agree to the redemption of the effect, are estimated at

525,500 00 captives.

To which are to be added, agreeable to Mr. The Secretary of the Treasury estimates these

Donaldson's calculation, for per centage further sums to be provided to fulfil the

on the captives

27,000 00 terms of the Treaty $255,759 Other expenses

90,000 00 For two years' annuities to the Dey

99,246 To which are to be added the 10,000 sequins

Amount of money to be paid in Algiers $642,500 00 promised by Mr. Barlow and Mr. Donaldson, mentioned in their letter

18,000 And the expenses of the captives performing

The expense of remitting the sum last mentioned, H. of R.]

from London to Algiers, according to the best estimate quarantine at Marseilles, and transporting

which can be formed, will be as follows: them to America, estimated by the Consul at Marseilles, at about

One hundred and forty thousand dollars procured at Leg6,500

horn by bills on London, cost 4s. 10d. 55-100 sterling, 379,505 per dollar, or sterling £34,110 00 0

Negotiation with the Mediterranean Powers.

[FEBRUARY, 1797.

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Two hundred and sixty

ty, will, agreeably to the purveyor's estimate, marked thousand do'lars, ex

(D) be

- $144,246 63 pected to be obiained at

From which the appropriation made by
bs. will be
65,000 000

the act of May 6, 1796, for two years,
being deducted

48,000 00 £99, 110 000

There will remain to be provided on this
or $440,488 88
account the sum of

$96,246 63 Forty thousand dollars remitted 10 Hamburg,

All which is respectfully submitted by cost sterling 9,002 18 8

OLIVÉR WOLCOTT, Jr. 40,013 04

Secretary of the Treasury. Two hundred and twen

TREASURY DEPARTMENT, ty-five thousand dollars

January 4, 1797. procured at Lisbon, for which drafts have been

(A.) passed for sterling 50,007 16 0

An estimate of the probable cost of the articles for the 222,256 89

Algerine Treaty 500 barre's powder, at 15l.

£7,500 Six hundred and sixty

66 tons of lead, at 401.

2,640 five thousand dollars

20,000 cannon ball, at 2761.

2,760 placed in Leghorn,

5,000 double headed shot

690 Hamburg and Lisbon,

200 pieces of canvass

1,100 and supposed to be suf

2,000 gun barrels

2,000 ficient to discharge the

50 masts, at 1001.

5,000 pecuniary obligations of

100 spars, at 401.

4.000 the Treaty, will proba

10 cables and cordage, 45 tons

10,575 bly cost

702,858 81

3,000 pine and oak plank, 6-inch thick and Payments made to Cul.

50 feet lo'g •

9,000 Humphreys, ster'ing 3,571 000 200 barrels of tar

200 Payment to Capt. O'Brien 31 00 0

200 pieces of scantling

540 100 barre's of pitch £3,502 00 O 10 cannon, &c.

500 15,564 44 Thenaral stores stipulated by Mr. Donald

£46,655 son, were estima:ed at fifty-seven thousand dollars, but which, agreeab'e to his

Equal to

$124,413 enumeration of the articles, will cos', agreeable to the estimate of the pur

TENCH FRANCIS, veyor, marked (A)

124,413 00
December 29, 1796.

The freight of said sores is computed at - 50,000 00
The expenses of the frigate lately promis-

(B.) ed, agreeable to the cstimate of the Secreary of War, herewith transmit:ed,

Etimate of the sum necessary to build and equipa marked (B) will be

frigate, to carry 36 guns, for th- Dey of Algiers. 99,727 00

To which is added an estimate of navigating the

same tu Algiers. The whole expense of fu'ílling the Trea

ty according to the estimate, therefore, is 992,463 25 Carpen:er's bill for building the hull, launching the same, From which sum the effective va'ue of the

together with a complete set of mas:s and yards, per provisions a'ready made being deducted,

$45 00 as before estima:ed

Joiners, smith, p!umbers, boat736,704 22

bui.ders, carvers, coop rs, There will remain to be provided

blockmakers, sailinakers, rig-
$255,759 03 gers
, and rigging, wi.h ship-

$55 00
The annered paper marked (C) is a copy of a repre- Ship compete, of 533 tuns, at per ton 100
sentation from Messrs. Barings and Compa y, to the dollars, is
Minister of the United States in London, dated August Copper sheathing

$53,800 00

4,118 40 29th, 1796 ; the accuracy of which is confirmed by the Can on correspondence therein referred 10 ; there is therefore no Copper pintles and braces

1,210 00 room to loubt but that the de'ays and consequent accumu. Powder, shot, and other military stores lation of expenses, are to be attributed solely to the ex. Forty men, incuding officers, their pay and

13,551 00 traordinary cvents of the war in Europe, and to other subsistence for five months

8,589 00 causes over which the (iovernment of the United States Continge..cies have ha) no control.

10,000.00 By the last article of the Treaty, the United States are bound to pay an annui y of thousand Algerine

$99,727 00 sequins in mari ime stores; the cost and freight of the

JAMES M'HENRY. ar.ices required by the Dey for the first two years annui. War Office, 26th December, 1796.


8,428 60

FEBRUARY, 1797.)

Negotiation with the Mediterranean Powers.

[H. OF R.



purpose of receiving Portugal gold and Spanish dollars

in London, to the amount of 650,000 Spanish dollars. Statement of Messrs. Baring of Co., Aug. 29, 1796.

He further opens credit in favor of Messrs. Dohrmans of In the execution of the business with which Baring Lisbon, which were punctually paid, and he desires reand Company have been entrusted, they have commu- mittances on Lisbon, which, from the scarcity of paper nicated to Mr. Pinckney, from time to time, every mao at the time, was effected to a very trifling amount. terial circumstance which has occurred; but, as the

This letter was followed and confirmed by others from present position is extremely critical and important, Colonel Humphreys, dated the 16th, 22d, and 24th Dethey will endeavor to state as concise a narrative as cember, of similar tenor, or very nearly so, and the ar. possible, from the commencement of the business, for rival of the brig Sophia from Lisbon. the consideration and determination of Mr. King. Although Colonel Humphreys has not mentioned to [The 7th March, 1795.] The President of the Bank

us the reasons for this proceeding, we may impute it to remits to Baring and Company $800,000 in certificates the advice contained in our letter of the 19th of May, of six per cent. stock, with orders to sell the same with and indeed to the well known facility with which a sum out causing a depression in the prices and thus injuring of that description could be procured in London, of the credit of American funds. The net proceeds, after Spanish dollars, having ourselves never experienced the deducting the usual commissions, are to be held at the least difficulty in disappointment, for large sums. disposal of Colonel David Humphreys; and we are di.

[220 Dec. 1795,] We answered these letters, advisrected to inform Colonel Humphreys of the progressing Colonel Humphreys of the impossibility to procure we may make, from time to time, in the sales of the Portugal gold, none having been received for many stock, and also of the terms upon which remittances years. of the extraordinary turn which had appeared can be made to Cadliz and Leghorn. This contains with regard to bullion, in consequence of the immense nearly the whole of our orders, or at least the whole of drains upon this country, for carrying on the war, and what we conceive to be necessary for the informa- / which has finally compelled the Minister to abandon his tion of Mr. King, in the present moment ; the further favorite project of a second loan to the Emperor; but letters from America being almost wholly answers to as the difficulty had only began to appear, we hoped our numerous letters, and do not contain a syllable of that with some delay, we should be able to collect the disapprobation with regard to our conduct, but the re- dollars for the purpose of executing the orders of Col.

Humphreys. [31st March, 1795.) Col. Humphreys writes from Philadelphia, that we would furnish him with inforina- gold, and no silver arriving, we submitted the whole of

[17th Jan. 1796.] Finding it impossible to procure tion, assistance, &c., directed to him at Lisbon. [28th April, 1795.) We wrote very fully to Colonel it was determined to purchase such silver as might ar

the orders and correspondence to Mr. Pinckney, when Humphreys; the letter contained every information re!ative to the probable sale of the stock, and the various could not be wrong, as the westerly winds would have

rive ; but, at all events, to detain the Sophia, which means by which he could execute his commission through London, Joisbon, Cadiz, and Italy in general. prevented her sailing.

In the meanwhile we wrote to Messrs. Parish and [19th May, 1795.) We wrote still more fully, in answer to his letter of the 31st of March, wherein we of Company of Hamburg, to know whether Portugal gold

or Spanish dollars could be obtained in that place. fered to anticipate a considerable sum, on the value the effects in our hands, for which there was no demand

[Jan. 19, 26,-Feb. 2, 12, 1796.] Are letters we at the moment. We explained to him the value of the him with our prospects, from time to time, that Parish

wrote to Colonel Humphreys, wherein we acquaint Italian coins, those of Spain being well known ; men and Company gave us reason to hope for the execution tioning that it was easier to procure money at Leghorn, of a part of the order, but that no silver had arrived in where there was no restraint, than at Cadiz, where dol

London. lars were more plentiful ; but the exportation was exclusively in the Bank of St. Charles, from whom it was [16th Feb. 1796.] Having determined, with the apo difficult to obtain permission. That we could procure probation of Mr, Pinckney, to send the Sophia to Ham. any quantity in London, to which we added the names burg, in consequence of the encouragement of Messrs. of our correspondents at the different places, offering and Company, on applying to Capt. Crandon every service in our power, direct or indirect,

he observed that it was contrary to his instructions, [18th May, 1795.] Col. Humphreys advises of his which were to return to Lisbon, and as considerable arrival at Gibraltar.

doubts existed about proceeding to Hamburg, Mr. Pinck[21st of July, 1795,) We advise Colonel Humphreys ney declined giving a positive order to Captain Crandon, that we had sold $300,000; that we were really to pay which proved fortunate, as immediately after advice was £100,000 to his order; and if he wanted a further sum, received from Messrs. Parish and Company, that the we desired to be informed.

dollars they had in view had been purchased, most pro[27th July, 1795.) Colonel Humphreys directs us bably for account of the British Government. to pay $40,000 to Mr. Deas, for Mr. Andrews, which

On this occasion, and under this date, we wrote to was immediately complied with, by a credit on Ham-Colonel Humphreys, by the brig Sophia, and by the burg for that value.

packet, acquainting him with our disappointment in [30th July, 1795.] We informed Colonel Humphreystito; which we accompanied, at the intimation of Mr. that having made further progress in our sales, we should O'Brien, with letters of credit on Madrid and Cadiz; hold the whole of the value of the $800,000 at his dis

and in order to finish this part of the subject, as a justposal, meaning to furnish, by anticipation, the value of ification for permitting the Sophia to return, we should that part which remai, ed at that time unsold, if the ser observe, that if she had been detained för six months, vice of the United States required it.

we could not have procured one half of the quantity of [28th Nov. 1795.) Is the next letter from Colonel Spanish dollars required. Humphreys, and the commencement of our difficulties. [March 1st, 1796.] We advise Colonel Humphreys, He informs us that he should send the Sophia for the that we had received a large sum in bills, drawn from parts, without any other motive for their so doing, inThis question leads to a state of the account, with an duces them to submit the difficulties which occur with estimate of the effects in our hands. Of the original regard to the actual position of Leghorn. I doubt sum sent to us, we have only sold 560,000 dollars, the whether the business can be executed from thence at price having fallen at one time so low as 82, and be- present—and still more, the defalcation which must lieving that Government would feel reluctant to sell arise respecting the funds, to the consideration of under 90, we had determined to anticipate on the value King, for his better judgment, and which they trust


H. OF R.]

Negotiation with the Mediterranean Powers.


the purpose.

Leghorn, on the British Government, being for money of the remainder, waiting for our reimbursement in the sent to Algiers, and which appeared afterwards to be due time. for the release of the Corsican prisoners.

The 560,000 dollars above, have produced £111,053 [March 22, 29, 1796.] Are answers to letters from Some part was sold above 90 per cent. and Col. Humphreys, relative to our accounts, chiefly dated none below that price, which leaves about 3s. 27th February, and 9th March, which we do not no. 114d per dollar. tice, concluding that he was satisfied, as nothing ap- The present price is 86, with little depears in reply to us; but as there was reason to fear mand; suppose the remaining 340,000 dollars the business could not be executed in Spain, the Go- produce 3s. 9d. per dollar, the amount will be 45,000 vemment there refusing a license, notwithstanding the endeavors of Messrs. Joyes and Sons, aided by the

Total amount of sales and effects

£156,053 American Minister or resident.

[April 1st, 1796.) We wrote to Messrs. Fonnereau, The great defalcation in the nominal dollars arises of Leghorn, not only to open the necessary credit, but from the remittances being made in funds which fell at to explain to them, in a full and confidential manner, 10 per cent. under par, and the payments being made the nature and extent of our preceding disappoint- in foreign money at a rate very much above par, that of ments; requesting (with the approbation of Mr. Pinck. Leghorn in particular has advanced 16 and 18 per cent. ney and Colonel Humphreys) that they would convey above what it was not a long while since. to Algiers such information as should satisfy the Dey, Our payments are as follow : that the delay in paying the money did not arise from Credit on Hamburg, 40,000 dollars

£ 9,002 the want of funds, credit, or endeavors on the part of Drafts on Dohrman

50,007 the United States, but must be solely attributed to the Remittances to Col. Humphreys

3,036 political convulsions in Europe, which had annihilated His draft 12th of December

435 the usual channels or modes of procuring the coin for Paid O'Brien


Paid sundry persons for the dividends on stock It is unnecessary to quote dates of letters, as there sold

2,497 appears but one opinion on the subject, namely, “ that | Dollars, 140,000, paid Mr. Donaldson, we the business must finally be done at Leghorn," and

calculate about 4s. 10d. 55.100 each

34,110 both Mr. Pinckney and Colonel Humphreys recommend most earnestly, that the information alluded to

99,118 should be conveyed to Algiers.

Suppose the remaining dollars, 260,000, which [29th April, 1796.] Messrs. Fonnereau answer our includes Mr. Donaldson's drafts, calculated letter of the 1st, promising to follow the orders of Colo- at the same rate, the amount will be, at 5s. 65,000 nel Humphreys, and that would communicate to Algiers every thing we had desired.

Total amount of payments

164,118 [17th June, 1796.] Fonnereau advise the delivery Ditto of sales and effects

: :

156,053 to them, on that day, of the orders from Colonel Humphreys, to pay to the order of Mr. Donaldson, 400,000

The sum of £2,497 paid for us by dividends, will be Spanish milled dollars, which they acquaint him shall received again by us from America, and, of course, apbe immediately complied with. sieurs Fonnereau that he should accept the sum; and it is submitted to Mr. King, What ought to be done in [17th June, 1796.] Mr. Donaldson acquaints Mes- pear ultimately to the credit of the United States.

Under all the circumstances which have been stated, on a meeting between them and the price of

the present moment? the dollars, with that of the agio, was settled to the satis

Mr. Fonnereau says, that reliance may be had on faction of

having conveyed to Algiers the information re[June 20th, 24th, 1796.] Fonnereau drew for what quested; and moreover, that it will be thoroughly satismoney they could procure, and on the 24th, wrote, “ en- factory at that place. closed you have Mr. Donaldson's receipt for 140,000

In the present situation of Leghorn, there is in fact dollars, paid to him by order of Colonel Humphreys: nu exchange ; and the drafts of Mr. Donaldson must this business might have been completely finished by be negotiated elsewhere. The Italians, moreover, know our giving to Mr. Donaldson bills on you, or on Ham- that bills drawn from Leghorn, subsequent to the entry burg, for the remaining 260,000 dollars, which offered to negotiate for him, and to give him a receipt

of the French, cannot be paid in London without a li

&c. for the whole 400,000 dollars, which he engaged to ship to Algiers; but a certain diffidence on his side would themselves; they are directed to hold the proceeds or

Baring & Co. can have no difficulty with regard to not permit him to sign receipts to us for more than he value (which they conceive to be equally the intention had absolutely received in cash.”

of the United States) at the disposal of Colonel Hum[June 27th, 1796.] The French entered Leghorn, phreys, who directs them to pay 400,000 dollars to the and Fonnereau embarked on board an English frigate. I order of Mr. Donaldson, which will be punctually com

[July 15th, 1796.) Mr. Donaldson draws on us for plied with, to the extent of sales, and value of what the sum of 10,000 dollars; under the same date, remains, under a proper license ; but that zeal which inquires about Mr. Donaldson's credit on us, and whe- has induced them to follow this business into foreign ther we have orders for more than 400,000 dollars.

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