that we may think of some means of paying it off speedily.
"With sincerest regard, I am, &c. &c.
B. FRANKLIN.
"_P. S._ The Marquis de Lafayette has your letter."
I answered this letter as follows, by a French courier.
"Madrid, March 19th, 1782.
"Dear Sir,
"On the 18th instant I informed you of my having been reduced, by M.
Cabarrus' want of good faith, to the mortifying necessity of
protesting a number of bills, which were then payable.
"Your favor of the 16th instant reached me three days ago. It made me
very happy, and enabled me to retrieve the credit we had lost here by
those protests. I consider your letter as giving me sufficient
authority to take the necessary arrangements with the Marquis d'Yranda
for paying the residue of my debts here, as well as such of the
protested bills as may be returned for that purpose.
"The account you request of all the bills I have accepted is making
out, and when finished shall be transmitted by the first good
opportunity that may offer. You may rely on my best endeavors to
render my drafts as little inconvenient to you as possible.
"The British Parliament, it seems, begin to entertain less erroneous
ideas of us, and their resolutions afford a useful hint to the other
powers in Europe. If the Dutch are wise, they will profit by it. As to
this Court, their system (if their conduct deserves that appellation)
with respect to us has been so opposite to the obvious dictates of
sound policy, that it is hard to divine whether anything but
experience can undeceive them. For my part, I really think that a
treaty with them daily becomes less important to us.
"That Britain should be desirous of a separate peace with us is very
natural, but as such a proposal implies an impeachment of our
integrity, I think it ought to be rejected in such a manner as to show
that we are not ignorant of the respect due to our feelings on that
head. As long as France continues faithful to us, I am clear that we
ought to continue hand in hand to prosecute the war until all their,
as well as all our, reasonable objects can be obtained by a peace, for
I would rather see America ruined than dishonored. As to Spain and
Holland, we have as yet no engagements with them, and therefore are
not obliged to consult either their interest or their inclinations,
further than may be convenient to our
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