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It was paid off ahead of schedule in 1795.

This was a hard one to track down. I finally found an article in TheNew York Times of March 21, 1921, that quotes Secretary of State Thomas Pickering, who served from 1795 to 1800, as writing:

[I]n the year 1795, the whole of our debt to France was discharged, by anticipating the payment of eleven million and a half of livres, no part of which would have become due until the 2d of September, 1796, and then only one million and a half; the residue at subsequent periods; the last not until the year 1802.

In 1921 while negotiations were underway about World War I debts, a French journalist claimed the United States had never paid off this debt. The New York Times article was in response to his claim.

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14y ago
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12y ago

When hamilton proposed a plan that included that the federal government would take the staes debt and pay for it using bonds.

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Anonymous

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3y ago

I heard they did not fully repay France.

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Q: When did the US pay off the revolutionary war debt off?
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