PARIS, Oct. 24, 1787
SIR,--I wish it were in my power to announce to the Count de Cambrai that the Treasury Board of the United States had enabled their banker here to answer the demands of the foreign officers. But it is not. As soon as I knew that there was a deficiency of money to pay the interest of this demand I informed the Treasury Board of it. They answered me they would supply the necessary fund as soon as it should be in their power; and I am persuaded they have not failed in inclination to do it. Of this I had the honor to notify the Count de Cambrai the last year. It is not unknown to you that the pursuit of our new machine of government which works the worst, is that which respects the raising money; and it is that which has occasioned the late attempts to amend our confederation. Foreseeing that our Treasury Board might not be able to remit money from America, I suggested to Congress the expediency of borrowing money in Holland to pay off the foreign officers. And in the month of July last, being assured they could command the money in Holland, I pressed a more particular proposition to this purpose. As I do not foresee any possible objection to the proposition I made them, I think myself sure of their acceding to it, and that I may receive news of it in the month of December. I may be disappointed as to the time of receiving their answer, because the course of their business is slow; but I do not apprehend it will be much retarded, and still less that they will refuse it altogether. The moment I receive an answer, the Count de Cambrai may be assured it shall be communicated to him. In doing this I shall gratify not only my personal friendship for him, but also those sentiments of particular esteem and attachment with which I have the honor to be, dear Sir, your most obedient, and most humble servant.