Sketch of Propositions for a Peace, [after 26 September 1776 and before 25 October 1776]

“Sketch of Propositions for a peace

There shall be a perpetual peace between Great Britain and the United States of America on the following conditions.

Great Britain shall renounce and disclaim all pretence of right or authority to govern in any of the United States of America.

To prevent those occasions of misunderstanding which are apt to arise where the territories of different powers border on each other through the bad conduct of frontier inhabitants on both sides, Britain shall cede to the United states the provinces or Colonies of Quebec, St. John’s, Nova Scotia, Bermuda, East and West Florida, and the Bahama islands, with all their adjoining and intermediate territories now claimed by her.

In return for this Cession, the United States shall pay to Great Britain the sum of [blank in MS] Sterling in annual payments that is to say [blank] per annum for and during the term of [blank] years.”

https://founders.archives.gov/documents/Franklin/01-22-02-0372