Such
has, accordingly, been the practice ever since the close of the war.
Your powers to draw on our bankers in Holland, will leave you the master
of fixing your drafts by this standard.
The transactions of Europe are now so interesting, that I should be
obliged to you, every week, to put the Leyden gazettes of the week under
cover to me; and put them into such ship's bag as shall be first coming
to any port north of North Carolina.
Mr. Barclay's death is just made known to us, and measures are taking in
consequence of it.
You will perceive by the newspapers, a remarkable fall in the price of
our public paper. This is owing chiefly to the extraordinary demand for
the produce of our country, and a temporary scarcity of cash to purchase
it. The merchants holding public paper are obliged to part with it at
any price, to raise money.
I am, with much respect, Dear Sir, your most obedient and most humble
servant,
Th: Jefferson.
LETTER CXXXVIII.--TO COLONEL HUMPHREYS, March 21, 1793
TO COLONEL HUMPHREYS.
Philadelphia, March 21, 1793.
Sir,
The death of Admiral Paul Jones first, and afterwards of Mr. Barclay,
to whom the mission to Algiers, explained in the enclosed papers, was
successively confided, have led the President to desire you to undertake
the execution of it in person.
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