I have repeatedly mentioned to your Excellency, for some months past, that the supplies of money furnished the department were very unequal to the current expenses. I have all along flattered myself that affairs would take a new and more favorable turn. As Congress were deliberating upon the subject of finance, I was led to believe that the schemes and plans they were adopting would afford more ample relief; and have encouraged the agents, under such an expectation, to proceed in the execution of the business. They have been enabled to extend their credit thus far, so as to keep the wheels in motion, hoping not to fail until government could find ways and means for furnishing us with cash more adequate to the demands.

Letter to George Washington (January 1780)