USA HISTORY

Detailed explanation-1: -Article 1: Acknowledging the thirteen colonies as free sovereign and independent states and relinquishing all claims to property and territorial rights.

Detailed explanation-2: -ARTICLE III The United States will pay to Spain the sum of twenty million dollars ($20, 000, 000) within three months after the exchange of the ratifications of the present treaty.

Detailed explanation-3: -Article four of this treaty is a simple statement providing that both American and British creditors were entitled to recover debts that people owed them while the war was in progress. That is, British creditors could recover loans made to American citizens and vice versa.

Detailed explanation-4: -Today the only article that is still in force is article 1, which recognizes the United States as an independent country. The three Americans, Adams, Franklin, and Jay signed their names in alphabetical order. Benjamin West tried to paint a portrait of the treaty negotiations.