Paying Our Debt to France
Item
Type
Modern Printed Transcription of Letter/Document
Title
Paying Our Debt to France
Description
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.
year created
1793
month created
02
day created
25
author
sent from location
Philadelphia
recipient
in collection
in publication
note
The Document was approved by Jefferson, Hamilton, Knox, and Randolph. It is in the handwriting of Jefferson.
notable person/group
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
notable location
Philadelphia
notable item/thing
debt to France
depreciation of assignats
rule of liquidation
arrearages
derangement of the Treasury
notable phrase
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.
document number
1793022500000
Item sets
Document instances
| In image | In source | Location in source | |
|---|---|---|---|
| [view document] (0 pages) | [no image] | Collection: Printed Versions | [unknown] |
| [view document] (0 pages) | [no image] | Publication: The Papers of Alexander Hamilton | [unknown] |
Document names
| Type | Name | Location | Notes |
|---|---|---|---|
| Author | Thomas Jefferson | Philadelphia | Additional authors: Alexander Hamilton, Henry Knox, and Edmund Randolph. |
| Recipient | George Washington | [unknown] | [n/a] |