The Franklin Mint History Of The United States, 1776-1973
Manufacturer
The Franklin Mint
DateNo Date
MediumSilver
DimensionsOverall: 1 3/4 in. (45 mm.)
ClassificationsDecorative arts
Credit LineGift of Dr. Eugene F. Poutasse
Object number76.81.20
On View
Not on viewThe 1795 medal: Pickney's Treaty Opens Mississippi Commerce
The signing of Jay's Treaty with England had a secondary advantage. Spain, fearing vengeance from Great Britain for having made a seperate peace with France, was further worried that the rapprochement between England and the United States might lead to their joint operations against Spainish possessions in North America. Accordingly, when Thomas Pickney arrives in Spain to negotiate, they hoped to placate the United States by conceding practically everything that had been sought for over a decade.
Under Pickney's Treaty (or the Treaty of San Lorenzo) signed on October 27, 1795, Spain accepted the thirty-first parallel as the southern boundary of the United States. Indians were to be restrained from molesting the inhabitants in the territory of each other, consulates were to be established and claims settled.
The salient feature of the treaty for the United States was free navigation of the Mississippi from source to mouth, with the right for three years to land and store goods at New Orleans without charge other than a fair price for storage. After three years this "right of deposit" cound be renewed. This was very important to those in the midwest; after sending their cargoes down the MIssissippi River they needed a place to store them while awaiting ocean-going vessels.
