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Paying Our Debt to France

Sources & Images
Source Name Image(s)
CollectionPrinted Version only view image
PublicationSyrett, Harold C., ed. The Papers of Alexander Hamilton. 27 Vols. New York: Columbia University Press, 1961-87. (no image)
Document Information
Date February 25, 1793
Author Name Thomas Jefferson (primary) Location: Philadelphia
Recipient Name George Washington (primary)
Summary In response to the request of the President to assess the application to redress the debt to France in an amount equivalent to three million livres, Jefferson, Knox, and Randolph favor providing the whole amount. Hamilton argues that the sum should not exceed $318,000 because of the effect of depreciation.
Document Format Modern Printed Transcription of Letter/Document
Document Notes The Document was approved by Jefferson, Hamilton, Knox, and Randolph. It is in the handwriting of Jefferson.
Content Notes [not available]
Related Persons/Groups Thomas Jefferson, Secretary of State; Alexander Hamilton, Secretary of the Treasury; Henry Knox, Secretary of War; Edmund Randolph, Attorney General; the President [Washington]; Mr. Ternant; ;
Related Places Philadelphia;
Keywords debt to France; depreciation of assignats; rule of liquidation; arrearages; derangement of the Treasury; ;
Key Phrases Whereupon the Secretaries of State & War and the Attorney General are of opinion that the whole sum asked for by Mr. Ternant ought to be furnished: the Secretary of the Treasury is of opinion that the supply ought not exceed the above mentioned sum of 318,000 dollars.

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