I have letters and papers from America
as late as the 15th of December. The government of Massachusetts had
imprisoned three of the leaders of their insurgents. The insurgents,
being collected to the number of three or four hundred, had sent in
their petition to the government, praying another act of pardon for
their leaders and themselves, and on this condition offering to go every
man home, and conduct himself dutifully afterwards. This is the latest
intelligence.
I thank you for your attention to the question I had taken the liberty
of proposing to you. I think with you, that it would be advisable to
have our debt transferred to individuals of your country. There could
and would be no objection to the guarantee remaining as you propose;
and a postponement of the first payments of capital would surely be a
convenience to us. For though the resources of the United States are
great and growing, and their dispositions good, yet their machine is
new, and they have not got it to go well. It is the object of their
general wish at present, and they are all in movement, to set it in a
good train; but their movements are necessarily slow.
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