US Presidency
1835

It terminated in the treaty of July 4, recognizing the justice of our claims in part and promising payment to the amount of 25,000,000 francs in 6 annual installments. The ratifications of this treaty were exchanged at Washington on the second of February, 1832, and in 5 days thereafter it was laid before Congress, who immediately passed the acts necessary on our part to secure to France the commercial advantages conceded to her in the compact.