on me
for 25,000 livres; ... I order payment of his drafts.
"Jan. 24th. A great number of bills.
"Jan. 26th. Accept bills."
February 13 he writes a general begging and stimulating letter to de
Vergennes. He says that the plain truth is that the present situation in
the States "makes one of two things essential to us--a peace, or the
most vigorous aid of our allies, particularly in the article of
_money_.... The present conjuncture is critical; there is some danger
lest the Congress should lose its influence over the people, if it is
found unable to procure the aids that are wanted;" and in that case the
opportunity for separation is gone, "perhaps for ages." A few days later
he was "under the necessity of being importunate for an answer to the
application lately made for stores and money." De Vergennes replied, in
an interview, that Franklin must know that for France to lend the
25,000,000 livres asked for was "at present impracticable." Also his
excellency mentioned other uncomfortable and distasteful facts, but
concluded by saying that the king, as a "signal proof of his
friendship," would make a free gift of 6,000,000 livres, in addition to
3,000,000 recently furnished for interest drafts. But the French court
had at last so far lost confidence in Congress that in order to make
sure that this money should be applied in aid of the army, and not be
vaguely absorbed by committees, a stipulation was inserted that it
should be paid only upon the order of General Washington. This was a
trifle insulting to Congress, and made trouble; and it seems that
ultimately the sum was intrusted to Franklin.
Almost immediately afterward he extorted from Necker an agreement that
the king of France would guaranty a loan of 10,000,000 livres, if it
could be raised in Holland; and upon these terms he was able to raise
this sum. Trouble enough the possession of it soon gave him; for the
demands for it were numerous. Franklin needed it to keep himself solvent
in Europe; Congress greedily sought it for America; William Jackson, who
was buying supplies in Holland, required much of it there. Franklin was
expected to repeat with it the miracle of the loaves and fishes.
2,500,000 livres he sent to the States in the same ship which carried
John Laurens. 2,200,000 Laurens disposed of in purchasing goods;
1,500,000 were sent to Holland to be thence sent to the States in
another ship, so as to divide the risk. But while he thus
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