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We set out, therefore, by the way of Leyden, for Amsterdam, where we arrived on the 10th, I had prepared an estimate, showing, that Florins. There would be necessary for the year '88 531,937-10 '89 538,540 '90 473,540 Total, 1,544,017-10 Florins. To meet this, the bankers had in hand, 79,268-2-8 and the unsold bonds would yield, 542,800 Leaving a deficit of 921,949-7-4
We proposed then to borrow a million, yielding 920,000 Which would leave a small deficiency of 1,949-7-4 Mr. Adams accordingly executed 1000 bonds, for 1000 florins each, and deposited them in the hands of our bankers, with instructions, however, not to issue them until Congress should ratify the measure.
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