To Louis-Guillaume Le Veillard (unpublished)
Philadelphia, 17 February, 1788.
My Dear Friend,

I received your kind letter of June 23d, by Mr. Saugrain, and it is the last of yours that is come to my hands. As you have so much leisure, and love writing, I cannot think you have been so long silent; you, who are so good as to love me, and who know how much pleasure your letters always afford me. I therefore rather suspect you may probably have written something too freely concerning public affairs, and that your letters may be arrested in your postoffice, and yourself lodged in the Bastille. You see I imagine any thing, however extravagant, rather than suppose, as your letters too often do, that my friends forget me.

I find Mr. Saugrain to answer well the good character you give of him, and shall with pleasure render him any services in my power. He is now gone down the Ohio, to reconnoitre that country.

I should have proceeded in the history you mention, if I could well have avoided accepting the chair of President for this third and last year; to which I was again elected by the unanimous voice of the Council and General Assembly in November. If I live to see this year expire, I may enjoy some leisure, which I promise you to employ in the work you do me the honor to urge so earnestly.

I sent you with my last a copy of the new Constitution proposed for the United States by the late General Convention. I sent one also to our excellent friend the Duke de la Rochefoucauld. I attended the business of the Convention faithfully for four months. Enclosed you have the last speech I made in it. Six States have already adopted the Constitution, and there is now a little doubt of its being accepted by a sufficient number to carry it into execution, if not immediately by the whole. It has, however, met with great opposition in some States, for we are at present a nation of politicians. And, though there is a general dread of giving too much power to our governors, I think we are more in danger from too little obedience in the governed.

We shall, as you suppose, have imposts on trade, and custom-houses, not because other nations have them, but because we cannot at present do without them. We want to discharge our public debt occasioned by the late war. Direct taxes are not so easily levied on the scantily settled inhabitants of our wide-extended country; and what is paid in the price of merchandise is less felt by the consumer, and less the cause of complaint. When we are out of debt we may leave our trade free, for our ordinary charges of government will not be great.

Where there is a free government, and the people make their own laws by their representatives, I see no injustice in their obliging one another to take their own paper money. It is no more so than compelling a man by law to take his own note. But it is unjust to pay strangers with such money against their will. The making of paper money with such a sanction is however a folly, since, although you may by law oblige a citizen to take it for his goods, you cannot fix his prices; and his liberty of rating them as he pleases, which is the same thing as setting what value he pleases on your money, defeats your sanction.

I have been concerned to hear of the troubles in the internal government of the country I love; and hope some good may come out of them; and that they may end without mischief.

In your letter to my grandson, you asked some questions that had an appearance as if you meditated a visit to us. Nothing in this world would give me greater pleasure, than to receive and embrace here the whole family; but it is too great a happiness to be expected. This family all join with me in best wishes of every felicity to you and yours; and I remain with unalterable and great esteem and affection, my dear friend, yours most sincerely,

B. Franklin

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