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on his side gave the hint that France, if it should become involved in the conflict, would confine itself to a maritime war. Goltz to Frederic, 26 Dec., 1776. The year 1777 opened with nearer approaches be- 1777. tween the courts of Potsdam and Versailles. Frederic to Goltz, 2 Jan., 1777, and Goltz to Frederic, 2 Jan., 1777. Frederic, while he never ceased to be on his guard on every side, and held himself prepared for every event, Frederic to Goltz, 30 Jan., 1777. on the seventh of January instructed his minister more definitely: Should France begin war, she may be sure that I will do everything in the world to preserve peace on the continent. Convince the ministry at Versailles of this; and add that France will not find me in her way, nor Chap. III.} 1777. have any reason to complain of my policy. Frederic to Goltz, 7 Jan., 1777. I guarantee to you reciprocity on the part of his most Christian majesty, was the answer of Maurepas. Goltz to Frederic, 30 Jan., 177
Chapter 26: England refuses to continue the American war. 1782. the campaign in Virginia being finished, Wash- Chap. XXVI.} 1782. Jan. 7. ington and the eastern army were cantoned for the winter in their old positions around New York; Wayne, with the Pennsylvania line, marched to the south to re-enforce Greene; the French under Rochambeau encamped in Virginia; and de Grasse took his fleet to the West Indies. From Philadelphia, Robert R. Livingston, the first American secretary for foreign affairs, communicated to Franklin the final instructions for negotiating peace; and the firm tone of Franklin's reply awakened new hopes in congress. While the conditions of peace were under consideration, America obtained an avowed friend in the Dutch republic. John Adams had waited more than eight months for an audience of reception, unaided even indirectly by the French ambassador at the Hague, because interference would have pledged France too deeply to the support of the Unite
nstitution of such state; and it was recommended to the several states to give to the incorporating ordinance its full operation. These requisitions Madison regarded as a tacit admission of the defect of power, an antidote against the poisonous tendency of precedents of usurpation. The capital of the bank was four hundred thousand dollars, of which Morris took one-half as an investment of the United States, paying for it in full with their money. On the seventh of January, 1782, the bank Jan. 7. commenced its very lucrative business. The notes, though payable at Philadelphia in specie, did not command public confidence at a distance, and the corporation was able to buy up its own promises at from ten to fifteen per cent discount. A national currency having been provided for, Morris was ready to obey an order of congress to establish a mint. His first great measure having been carried, he threw the whole energy of his nature into the design of initiating a strong central govern