Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson Volume I Part 34

You’re reading novel Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson Volume I Part 34 online at LightNovelFree.com. Please use the follow button to get notification about the latest chapter next time when you visit LightNovelFree.com. Use F11 button to read novel in full-screen(PC only). Drop by anytime you want to read free – fast – latest novel. It’s great if you could leave a comment, share your opinion about the new chapters, new novel with others on the internet. We’ll do our best to bring you the finest, latest novel everyday. Enjoy!

TO HOGENDORP.

Paris, July 29, 1785.

Dear Sir,

By an American gentleman who went to the Hague, about a month ago, I sent you a copy of my Notes on Virginia. Having since that received some copies of the revisal of our laws, of which you had desired one, I now send it to you. I congratulate you sincerely on the prospect of your country's being freed from the menace of war, which, however just, is always expensive and calamitous, and sometimes unsuccessful.

Congress, having made a very considerable purchase of land from the Indians, have established a land office, and settled the mode of selling the lands. Their plan is judicious. I apprehend some inconveniences in some parts of it; but if such should be found to exist, they will amend them. They receive in payment their own certificates, at par with actual money. We have a proof the last year, that the failure of the States to bring money into the treasury, has proceeded, not from any unwillingness, but from the distresses of their situation. Heretofore, Ma.s.sachusetts and Pennsylvania had brought in the most money, and Virginia was among the least. The last year, Virgjnia has paid in more than all the rest together. The reason is, that she is at liberty to avail herself of her natural resources and has free markets for them; whereas the others which, while they were sure of a sale for their commodities, brought more into the treasury; now, that that sale is, by circ.u.mstances, rendered more precarious, they bring in but little.

The impost is not yet granted. Rhode Island and New York hold off.

Congress have it in contemplation to propose to the States, that the direction of all their commerce shall be committed to Congress, reserving to the States, respectively, the revenue which shall be laid on it. The operations of our good friends, the English, are calculated as precisely to bring the States into this measure as if we directed them ourselves, and as they were, through the whole war, to produce that union which was so necessary for us. I doubt whether Congress will adjourn this summer.

Should you be at the Hague, I will beg leave to make known to you bearer hereof, M, William Short. He of Virginia, has come to stay some time with me at Paris being among my most particular friends. Though young, his talents and merit are such as to have placed him in the Council of State of Virginia; an office which he relinquished to make a visit to Europe.

I have the honor to be, with very high esteem, Dear Sir,

your most obedient

and most humble servant,

Th: Jefferson.

LETTER Lx.x.xI.--TO MESSRS. N. AND J. VAN STAPHORST, July 30, 1785

TO MESSRS. N. AND J. VAN STAPHORST, Amsterdam.

Paris, July 30, 1785.

Gentlemen,

I received yesterday your favor of the 25th. Supposing that the funds, which are the object of your inquiry, are those which const.i.tute what we call our domestic debt, it is my opinion that they are absolutely secure: I have no doubt at all but that they will be paid, with their interest at six per cent. But I cannot say that they are as secure and solid as the funds which const.i.tute our foreign debt: because no man in America ever entertained a doubt that our foreign debt is to be paid fully; but some people in America have seriously contended, that the certificates and other evidences of our domestic debt, ought to be redeemed only at what they have cost the holder; for I must observe to you, that these certificates of domestic debt, having as yet no provision for the payment of princ.i.p.al or interest, and the original holders being mostly needy, have been sold at a very great discount.

When I left America (July, 1784,) they sold in different States at from 15s. to 2s. 6d. in the pound; and any amount of them might, then have been purchased. Hence some thought that full justice would be done, if the public paid the purchasers of them what they actually paid for them, and interest on that. But this is very far from being a general opinion; a very great majority being firmly decided that they shall be paid fully. Were I the holder of any of them, I should not have the least fear of their full payment. There is also a difference between different species of certificates; some of them being receivable in taxes, others having the benefit of particular a.s.surances, &c. Again, some of these certificates are for paper-money debts. A deception here must be guarded against. Congress ordered all such to be re-settled by the depreciation tables, and a new certificate to be given in exchange for them, expressing their value in real money. But all have not yet been re-settled. In short, this is a science in which few in America are expert, and no person in a foreign country can be so. Foreigners should therefore be sure that they are well advised, before they meddle with them, or they may suffer. If you will reflect with what degree of success persons actually in America could speculate in the European funds, which rise and fall daily, you may judge how far those in Europe may do it in the American funds, which are more variable from a variety of causes.

I am not at all acquainted with Mr. Daniel Parker, farther than having once seen him in Philadelphia. He is of Ma.s.sachusetts, I believe, and I am of Virginia. His circ.u.mstances are utterly unknown to me. I think there are few men in America, if there is a single one, who could command a hundred thousand pounds' sterling worth of these notes, at their real value. At their nominal amount, this might be done perhaps with twenty-five thousand pounds sterling, if the market price of them be as low as when I left America. I am with very great respect, Gentlemen,

your most obedient, humble servant,

Th: Jefferson.

LETTER Lx.x.xII.--TO JOHN ADAMS, July 31, 1785

TO JOHN ADAMS.

Paris, July 31, 1785.

Dear Sir,

I was honored yesterday with yours of the 24th instant. When the first article of our instructions of May 7th, 1784, was under debate in Congress, it was proposed that neither party should make the other pay, in their ports, greater duties, than they paid in the ports of the other. One objection to this was, its impracticability; another, that it would put it out of our power to lay such duties on alien importation as might encourage importation by natives. Some members, much attached to English policy, thought such a distinction should actually be established. Some thought the power to do it should be reserved, in case any peculiar circ.u.mstances should call for it, though under the present, or perhaps, any probable circ.u.mstances, they did not think it would be good policy ever to exercise it. The footing _gentis amicissimae_ was therefore adopted, as you see in the instruction. As far as my inquiries enable me to judge, France and Holland make no distinction of duties between aliens and natives. I also rather believe that the other states of Europe make none, England excepted, to whom this policy, as that of her navigation act, seems peculiar. The question then is, should we disarm ourselves of the power to make this distinction against all nations, in order to purchase an exemption from the alien duties in England only; for if we put her importations on the footing of native, all other nations with whom we treat will have a right to claim the same. I think we should, because against other nations, who make no distinction in their ports between us and their own subjects, we ought not to make a distinction in ours. And if the English will agree, in like manner, to make none, we should, with equal reason, abandon the right as against them. I think all the world would gain, by setting commerce at perfect liberty. I remember that when we were digesting the general form of our treaty, this proposition to put foreigners and natives on the same footing, was considered: and we were all three, Dr.

Franklin as well as you and myself, in favor of it. We finally, however, did not admit it, partly from the objection you mention, but more still on account of our instructions. But though the English proclamation had appeared in America at the time of framing these instructions, I think its effect, as to alien duties, had not yet been experienced, and therefore was not attended to. If it had been noted in the debate, I am sure that the annihilation of our whole trade would have been thought too great a price to pay for the reservation of a barren power, which a majority of the members did not propose ever to exercise, though they were willing to retain it. Stipulating for equal rights to foreigners and natives, we obtain more in foreign ports than our instructions required, and we only part with, in our own ports, a power, of which sound policy would probably for ever forbid the exercise. Add to this, that our treaty will be for a very short term, and if any evil be experienced under it, a reformation will soon be in our power. I am, therefore, for putting this among our original propositions to the court of London.

If it should prove an insuperable obstacle with them, or if it should stand in the way of a greater advantage, we can but abandon it in the course of the negotiation.

In my copy of the cipher, on the alphabetical side, numbers are wanting from 'Denmark' to 'disc' inclusive, and from 'gone' to 'governor'

inclusive. I suppose them to have been omitted in copying; will you be so good as to send them to me from yours, by the first safe conveyance.

With compliments to the ladies and to Colonel Smith,

I am, dear Sir,

your friend and servant,

Th: Jefferson.*

[* The original of this letter was in cipher. But annexed to the copy in cipher, is the above literal copy by the author.]

LETTER Lx.x.xIII.--TO M. DE CASTRIES, August 3,1785

TO M. DE CASTRIES.

Paris, August 3,1785.

Sir,

The enclosed copy of a letter from Captain John Paul Jones, on the subject on which your Excellency did me the honor to write me, on the day of July, will inform you that there is still occasion to be troublesome to you. A Mr. Puchilburg, a merchant of L'Orient, who seems to have kept himself unknown till money was to be received, now presents powers to receive it, signed by the American officers and crews: and this produces a hesitation in the person to whom your order was directed. Congress, however, having subst.i.tuted Captain Jones, as agent, to solicit and receive this money, he having given them security to forward it, when received, to their treasury, to be thence distributed to the claimants, and having at a considerable expense of time, trouble, and money, attended it to a conclusion, are circ.u.mstances of weight, against which Mr. Puchilburg seems to have nothing to oppose, but a nomination by individuals of the crew, under which he has declined to act, and permitted the business to be done by another without contradiction from him. Against him, too, it is urged that he fomented the sedition which took place among them, that he obtained this nomination from them while their minds were under ferment; and that he has given no security for the faithful payment of the money to those ent.i.tled to it.

I will add to these, one more circ.u.mstance which appears to render it impossible that he should execute this trust. It is now several years since the right to this money arose. The persons in whom it originally vested, were probably from different States in America. Many of them must be now dead; and their rights pa.s.sed on to their representatives.

But who are their representatives? The laws of some States prefer one degree of relations, those of others prefer another, there being no uniformity among the States on this point. Mr. Puchilberg, therefore, should know which of the parties are dead; in what order the laws of their respective States call their relations to the succession; and, in every case, which of those orders are actually in existence, and ent.i.tled to the share of the deceased. With the Atlantic ocean between the princ.i.p.als and their subst.i.tute, your Excellency will perceive what an inexhaustible source of difficulties, of chicanery, and delay, this might furnish to a person who should find an interest in keeping this money, as long as possible, in his own hands. Whereas, if it be lodged in the treasury of Congress, they, by an easy reference to the tribunals of the different States, can have every one's portion immediately rendered to himself, if living; and if dead, to such of his relations as the laws of his particular State prefer, and as shall be found actually living. I the rather urge this course, as I foresee that it will relieve your Excellency from numberless appeals which these people will continually be making from the decisions of Mr. Puchilberg; appeals likely to perpetuate that trouble of which you have already had too much, and to which I am sorry to be obliged to add, by asking a peremptory order for the execution of what you were before pleased to decide, on this subject.

I have the honor to be, with sentiments of the most perfect respect,

your Excellency's most obedient

and most humble servant,

Th: Jefferson.

Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson Volume I Part 34

You're reading novel Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson Volume I Part 34 online at LightNovelFree.com. You can use the follow function to bookmark your favorite novel ( Only for registered users ). If you find any errors ( broken links, can't load photos, etc.. ), Please let us know so we can fix it as soon as possible. And when you start a conversation or debate about a certain topic with other people, please do not offend them just because you don't like their opinions.


Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson Volume I Part 34 summary

You're reading Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson Volume I Part 34. This novel has been translated by Updating. Author: Thomas Jefferson already has 574 views.

It's great if you read and follow any novel on our website. We promise you that we'll bring you the latest, hottest novel everyday and FREE.

LightNovelFree.com is a most smartest website for reading novel online, it can automatic resize images to fit your pc screen, even on your mobile. Experience now by using your smartphone and access to LightNovelFree.com

RECENTLY UPDATED NOVEL