Jay`s contract with the British Foreign Minister, William Wyndham Grenville, fostered England`s economic and military power. Jay understood that America had few trading options and signed an agreement on November 19, 1794. A delay of nearly four months occurred before Washington received a copy. By the time the treaty arrived on March 7, 1795, Congress had been adjourned and the dissertations of speculative newspapers began to agitate the public. Out of anger, President Washington sent Supreme Court Justice John Jay to England to negotiate a peaceful solution to the British peace treaty and to conclude a trade deal that would allow American ships to trade in British ports. The result of his efforts was Jay`s contract of 1794. Jay`s contract also excludes natives from paying tariffs on goods transiting the border. The negotiations and the final agreement marked the resumption of arbitration in international relations, with commissioners appointed to resolve the open border problems caused by the peace of 1783. The Jay Treaty is an essentially trade agreement designed to resolve unresolved issues that threatened war, such as the maintenance of British border posts on American territory after the Treaty of Paris (1783), the Native American quarrels over the Ohio Valley, and American anger at the British confiscation of shipping. The precarious state of the country`s economy and its limited means of imposing its authority through the use of military force have put the United States in an embarrassing position of not being able to assert itself in the theatre of international diplomacy. Perhaps most damaging was his inability to ensure that the British complied with the provisions of the Treaty of Paris or to negotiate a satisfactory trade agreement with the British Empire. Jay Treaty (November 19, 1794), an agreement based on the ptagonisms between the United States and Great Britain, created a foundation on which America could build a healthy economy and ensure its commercial prosperity. Jay`s Treaty (named after John Jay, the head of justice of the United States and a signatory to the document) is an agreement between the United States and Great Britain.
The treaty was fully ratified on 28 October 1795 and promulgated on 29 February 1796. Jay`s treaty contained provisions that many thought were humiliating toward the United States, but President Washington sent him to the Senate for formal approval.