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Browsing: Papers of John Adams, Volume 11

This note contained in document ADMS-06-11-02-0352
1. In a memorial of 24 March, the Chevalier de La Luzerne declared that he was persuaded that the Congress, taking into consideration what it could reasonably expect from its French ally, would “from this moment ... abstain from that ruinous measure of drawing bills of exchange without the previous knowledge and consent of his majesty's ministers.” This resulted in Congress' resolution of 10 April by which it declared that no additional bills drawn on its ministers in Europe would be sold without its “special direction” (JCC, 19:310, 368). Franklin enclosed a copy of a letter from Vergennes dated 23 Aug. in which the foreign minister stated that France predicated its aid, including that for the replacement of the goods lost on the Marquis de Lafayette, on Franklin accepting only those bills of exchange dated “antérieures au 1er. Avril de cette année” (Franklin, Papers, 35:395). La Luzerne, citing a letter from Vergennes of 27 July, told Congress much the same thing in a memorial of 24 Sept., which also included an account of the funds supplied for use in 1781 (JCC, 21:1001–1006). For an additional comment by Franklin regarding his apprehensions over the presentation of bills of exchange in the absence of funds to pay them, see Morris, Papers, 2:261–263.
Cite web page as: Founding Families: Digital Editions of the Papers of the Winthrops and the Adamses, ed.C. James Taylor. Boston: Massachusetts Historical Society, 2014.