Stanitski,
our principal broker, and holder of thirteen hundred and forty thousand
dollars, of certificates of our domestic debt, offers to have our loan
of a million of guilders (of which six hundred and twenty-two thousand
eight hundred and forty are still unfilled) immediately made up, on
condition that he may retain thereout one hundred and eighty thousand
guilders, being one year's interest on his certificates, allowing a
deduction of ten per cent, from his said interest, as a compensation
for his receiving it in Amsterdam instead of America, and not pretending
that this shall give him any title to ask any payment of future interest
in Europe. They observe, that this will enable them to face the demands
of Dutch interest, till the 1st of June, 1789, pay the principal of
Fiseaux' debt, and supply the current expenses of your legation in
Europe. On these points, it is for you to decide. I will only take the
liberty to observe, that if they shall receive your acceptance of the
proposition, some days credit will still be to be given for producing
the cash, and that this must be produced fifteen days before it is
wanting, because that much previous notice is always given to the
creditors, that their money is ready.
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