You will judge, Sir, by these details, how impossible it is to draw bills upon your Plenipotentiaries, beyond that part of the six millions' loan of this year, which is unappropriated. It is clearly shown, that these bills will not be paid by us, and it is with a full confidence in your regularity in this respect, that I shall inform the Count de Vergennes, that he may be assured, that no demand will be made for any sums whatever, beyond that sum, which has just been determined upon.

Your Excellency will doubtless receive directly, a state of affairs in Europe. I thought, however, that it would be interesting to inform you of some particulars, which I am ordered not to make public, but which will also be communicated to Congress. The British Minister has hastened to conclude an eventual treaty of peace with the United States, and to grant them in the utmost extent every advantage they could desire. The malevolence with which that power has carried on the war in America, did not forebode this extreme facility in them, and it has been an agreeable surprise to the belligerent powers, and you will easily judge, Sir, that our satisfaction has been complete, and in seeing the great obstacle to peace put, as it were, on one side.

The Diplomatic Correspondence of the American Revolution, Vol. XI — Part 110

We think we may hope, that the epochs of a general peace is not far distant. However, the English, though disposed to come to a conclusion with the Courts of Versailles and Madrid, seem much more difficult in the negotiation carrying on with the States-General. But the King, who through the whole of this war, has refused to conclude a peace without obtaining for his allies a just and reasonable satisfaction, persists in these sentiments, and he doubts not that the United States will on their part fulfil their engagements by continuing the war till a definitive treaty is concluded, and thereby entirely disconcert the projects of the English, who flatter themselves, that by means of the eventual treaty, which they have concluded, they will be able to establish on the Continent a suspension of hostilities equal to a truce, written and signed.

The Diplomatic Correspondence of the American Revolution, Vol. XI — Part 110

It is possible, that the firmness and resolution of his Majesty will determine England to make those restitutions, to which she shows so much repugnance; but it is also possible, that the war will continue another year, and to put the United States in a situation to continue the war with vigor, his Majesty has lent them six millions of livres; six hundred thousand livres are arrived in the Washington, but I have learnt with much pain that Mr Morris has, through want of means, been forced to anticipate the pecuniary succors he hoped to receive, so that the six millions is not so considerable a help as was to have been desired.

The Diplomatic Correspondence of the American Revolution, Vol. XI — Part 110