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write. He is thoroughly sensible of the folly of the present measures of this country, as are a few other characters about him. Dr. Price is among these, and is particularly disturbed at the present prospect. He acknowledges, however, that all change is desperate: which weighs the more, as he is intimate with Mr. Pitt. This small band of friends, favorable as it is, does not pretend to say one word in public on our subject.
I have the honor to be, with sentiments of the highest esteem and respect,
Sir, your most obedient
and most humble servant,
Th: Jefferson.
LETTER IV.—TO JOHN JAY, April 23, 1786
TO JOHN JAY.
London, April 23, 1786.
Sir,
In another letter of this day, I stated to you what had passed with public characters since my arrival here. Conversations with private individuals, I thought it best not to mingle with the contents of that letter. Yet, as some have taken place, which relate to matters within our instructions, and with persons whose opinions deserve to have some weight, I will take the liberty of stating them. In a conversation with an ancient and respectable merchant of this place, such a view of the true state of the commercial connections of America and Great Britain was presented to him, as induced him to acknowledge they had been mistaken in their opinions, and to ask, that Mr. Adams and myself would permit the chairman of the committee of American merchants to call on us. He observed, that the same person happened to be also chairman of the committee of the whole body of British merchants; and that such was the respect paid to his person and office, that we might consider what came from him, as coming from the committees themselves. He called on us at an appointed hour. He was a Mr. Duncan Campbell, formerly much concerned in the American trade. We entered on the subject of the non-execution of the late treaty of peace, alleged on both sides. We observed, that the refusal to deliver the western posts, and the withdrawing American property, contrary to express stipulation, having preceded what they considered as breaches on our part, were to be considered as the causes of our proceedings. The obstructions thrown by our legislatures in the way of the recovery of their debts, were insisted on by him. We observed to him, that the great amount of the debt from America to Great Britain, and the little circulating coin in the formeer country, rendered an immediate payment impossible; that time was necessary; that we had been authorized to enter into explanatory arrangements on this subject; that we had made overtures for the purpose, which had not been attended to, and that the States had, therefore, been obliged to modify the article for themselves. He acknowledged the impossibility of immediate payment, the propriety of an explanatory convention, and said, that they were disposed to allow a reasonable time. We mentioned the term of five years, including the present; but that judgments might be allowed immediately, only dividing the execution into equal and annual parts, so that the last should be levied by the close of the year 1790. This seemed to be quite agreeable to him, and to be as short a term as would be insisted on by them. Proceeding to the sum to be demanded, we agreed that the principal, with the interest incurring before and after the war, should be paid; but as to that incurring during the war, we differed from him. He urged its justice with respect to themselves, who had laid out of the use of their money during that period. This was his only topic. We opposed to it all those which circumstances, both public and private, gave rise to. He appeared to feel their weight, but said the renunciation of this interest was a bitter pill, and such a one as the merchants here could not swallow. He wished, that no declaration should be made as to this article: but we observed, that if we entered into explanatory declarations of the points unfavorable to us, we should expect, as a consideration for this, corresponding declarations on the parts in our favor. In fact, we supposed his view was to leave this part of the interest to stand on the general expressions of the treaty, that they might avail themselves, in individual cases, of the favorable dispositions of debtors or of juries. We proceeded to the necessity of arrangements of our future commerce, were it only as a means of enabling our country to pay its debts. We suggested, that they had been contracted while certain modes of remittance had existed here, which had been an inducement to us to contract these debts. He said he was not authorized to speak on the subject of the future commerce. He appeared really and feelingly anxious, that arrangements should be stipulated as to the payment of the old debts, said he would proceed in that moment to Lord Caermarthen’s, and discuss the subject with him, and that we might expect to hear from him. He took leave, and we have never since heard from him or any other person on the subject. Congress will judge how far these conversations should influence their future proceedings, or those of the States.
I have the honor to be, with the highest respect and esteem, Sir, your most obedient, humble servant,
Th: Jefferson.
LETTER V.—TO JAMES MADISON, April 25, 1786
TO JAMES MADISON.
London, April 25, 1786.
Dear Sir,
Some of the objects of the joint commission, with which we were honored by Congress, called me to this place about six weeks ago. To-morrow I set out on my return to Paris. With this nation nothing is done; and it is now decided, that they intend to do nothing with us.
I wrote you, in a former letter, on the subject of a Mr. Paradise, who owns an estate in Virginia in right of his wife, and who has a considerable sum due to him in our loan office. Since I came here, I have had opportunities of knowing his extreme personal worth, and his losses by the late war. He is, from principle, a pure republican, while his father was as warm a tory. His attachment to the American cause, and his candid warmth, brought him sometimes into altercations on the subject with his father, and some persons interested in their variance, artfully brought up this subject of conversation whenever they met. It produced a neglect in the father. He had already settled on him a sum of money in the funds: but would do no more, and probably would have undone that, if he could. When remittances from Virginia were forbidden, the profits of the Virginia estate were carried into our loan office. Paradise was then obliged to begin to eat his capital in England: from that, to part with conveniences, and to run in debt. His situation is now distressing; and would be completely relieved, could he receive what is due to him from our State. He is coming over to settle there. His wife and family will follow him. I never ask unjust preferences for any body. But if, by any just means, he can be helped to his money, I own I should be much gratified. The goodness of his heart, his kindness to Americans before, during, and since the war, the purity of his political and moral character, interest me in the events impending over him, and which will infallibly be ruinous, if he fails to receive his money. I ask of you, on his behalf, that in pursuing the path of right, you will become active for him, instead of being merely quiescent, as you might be, were his merit and his misfortunes unknown to you.
I have put into the hands of Mr. Fulwar Skipwith for you, a packet containing some catalogues, which he will forward. I am, with very sincere esteem, Dear Sir,
your friend and servant,
Th: Jefferson.
LETTER VI.—TO THE COUNT DE VERGENNES, May 3, 1786
TO THE COUNT DE VERGENNES.
Paris, May 3, 1786.
Sir,
After begging leave to present my respects to your Excellency, on my return to this place, I take the liberty of offering to your attention some papers, which I found on my arrival here, written by sundry merchants of L’Orient and others, some of whom are citizens of the United States, and all of them concerned in the trade between the two countries. This has been carried on by an exchange of the manufactures and produce of this country, for the produce of that, and principally for tobacco, which, though, on its arrival here, confined to a single purchaser, has been received equally from all sellers. In confidence of a continuance of this practice, the merchants of both countries were carrying on their commerce of exchange. A late contract by the Farm has, in a great measure, fixed in a single mercantile house the supplies of tobacco wanted for this country. This arrangement found the established merchants with some tobacco on hand, some on the seas coming to them, and more still due. By the papers now enclosed, it seems, that there are six thousand four hundred and eight hogsheads in the single