John Adams, Ambassador to France, secures loans from three Amsterdam, Netherlands banks totaling 2,000,000 Dollars.
NOTE: This raises the Continental debt to 364,500,000 Dollars
[updated 8/14/2021]
Subsequent Events:
Authority:
Articles of Confederation, Article IX [Section 5]
ccc-2point0.com/Articles-of-Confederation
References:
From Revolution to Reconstruction Essays The United States of America and the Netherlands The Dutch and the American Revolution (9-14)
www.losthistory.net/~usa/E/newnetherlands/nl8.htmodur.let.rug.nl/~usa/E/ newnetherlands/nl8.htm
The Federal Reserve and you
endthefednc.wordpress.com/
U.S. Banking Timeline
libertyforlife.com/banking/currency-us-timeline.html
John Adams Diplomat to France | Boston Tea Party Museum
www.bostonteapartyship.com/john-adams-diplomat-france
Current U.s. National Debt:
