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The Founding Era Collection > Founders Early Access > Adams Papers: Early Access > Documents 1785–1798 and 1813 [1654 documents] > Documents > Wilhem & Jan Willink and Nicolaas & Jacob van Staphorst & Hubbard to Thomas Boylston Adams, 4 Dec. 1795

# Hubbard to Thomas Boylston Adams

## 4 Dec. 1795

 Sir Amsterdam 4 December 1795

We must own, that after all the Correspondence We have had with your Brother; relative to the Antwerp interest and the Bill of $120.000:— remitted by the Treasury of the United States to Mr. Monroe. It surprizes us greatly you should continue to view the aforesaid Remittance as provision for the Interest of ƒ270,000.— due here the first day of next month. This is far very far indeed from the Case: for By the Accot: currt: of the United States made up \to/ the 1s: Instant, they are indebted to us . . . . . . . . . . . } ƒ635,000:—.— Adding to which Mr. de Wolf’s Bills on us for the Antwerp interest . . . } " 92,000:—.— And our actual Claim against the United States is . . . . . . . . . . . . . . . . . . . ƒ727,000:—.— Now supposing the Remittance for the$120,000. Bill to reach us . . . . } "300,000:—.—

We shall even after that be under an advance of . . . . . . . . . . . . . . . . . . . . ƒ427,000:—.—

Which is a most excessive large advance in the present times: Such as We are confident, no House would exceed, and but few could find it convenient to support.

It therefore cannot be expected, situated as we are at this moment with the United States, and under the circumstances and prospects of this Country, that we should augment our actual Claim of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ƒ427,000:—.—

With the further advance of the January Interest " 270,000:—.—

And thus assume the enormous advance of . . . . . . . . . . . . . . . . . . . . . . . . ƒ697,000:—.—

You write us,

“Nor can I Gent. feel myself at liberty to give you other means of providing for the approaching January payment of ƒ270,000.— until it can no longer be questionable whether the provision already made and in the hands of Mr. Monroe will prove ineffectual.”

Having just demonstrated to you, that the aforesaid remittance in hands of Mr. Monroe, is not only ineffectual, to reimburse our present advance for the United States, but that even after it shall reach us. We shall be still ƒ427,000—in advance. We are Compelled to summon you sirs, to furnish us those other means for facing the January Interest, which in default of the remittance from Mr. Monroe proving effectual, you should feel yourself at liberty to resort to; And We must further entreat you to adopt and put them in execution without any the least delay: it being customary with us, to advertise the payment of Interest at least a fortnight before it falls due. A Deviation from which, would be productive of those Reflexions and that Injury to the Credit of the United States, both You and We, are sollicitous to avert

We are with great Regard / Sirs! / Your mo: ob: hb: servants

N and J Van Staphorst & Hubbard

RC(MHi: Adams Papers); addressed: “Th. B. Adams Esqr / chargé des affaires of the U S. / of America / at the / Hague; internal address: “Thos: B. Adams.”; endorsed: “Mess Willink van Stap / horst & Hubbard / 4 Decr: 1795 / 6th: Recd:”.

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