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The Writings of Thomas Jefferson

Thomas Jefferson

o pay off their whole debts in France, both public and private, to the crown, to the Farmers, and to Beaumarchais. Surely it will be better to transfer these debts to Holland. So critical is the state of that country, that I imagine the moneyed men of it would be glad to place their money in foreign countries, and that Mr. Adams could borrow there for us, without a certain tax for the interest, and saving our faith too, by previous explanations on that subject. This country is really supposed on the eve of a * * * *. Such a spirit has risen within a few weeks, as could not have been believed. They see the great deficit in their revenues, and the hopes of economy lessen daily. The parliament refuse to register any act for a new tax, and require an Assembly of the States. The object of this Assembly is evidently to give law to the King, to fix a constitution, to limit expenses. These views are said to gain upon the nation.[4] * * * * * * * * [4] The parts of this letter marked by asterisks, are in cypher and unintelligible. A final decision of some sort should be made on Beaumarchais' affairs. I am, with sentiments of the most perfect esteem, dear Sir, your friend and servant. TO THOMAS BARCLAY. PARIS, August 3, 1787. DEAR SIR,--I am now to acknowledge the receipt of your several favors of June the 29th, and July the 6th and 8th. I am of opinion that the affai