A series of letter exchanges ensued through June and into early August seeking an agreement as to where and when the meeting should take place. All of these used aliases and obscure inferences to disguise the identity of the individuals and purposes involved. Such caution was advisable since Britain and France were on the brink of the Seven Year's War and British agents were a threat. Finally, it was agreed that Cluny and Henry Patullo, an agent of the English Jacobites who had travelled with Cluny since he had left Edinburgh, would travel to Basle and meet in an inn there. The meeting took place sometime between 11-15th August; what transpired can only be discerned from reading Patullo's reports of the meeting. These reports indicate that the Prince was inebriated during the meeting and the two visitors were dismayed at his "Expressions of Dispair" while in his cups.
Apparently, the two Jacobite representatives informed the Prince that British agents were aware of his location and activities and there was concern for his safety. In addition, there was evidence that certain Jacobite leaders were advocating abandoning his cause due to the debauched life style he had taken up. They advised that he should practice circumspection in his personal life and be ready to take advantage of the opportunities that the impending war between France and Britain might offer. Apparently Cluny, met privately with the Prince and gave him a "true account" of the fate of the Arkaig gold and the personal effects that the Prince believed that Cluny had rescued after the Battle at Culloden.
These were messages that the Prince did not wish to hear and his written response to them a few days later indicates that his unreflective instinct was to ignore the English Jacobite's pleas and to lament the loss of the Arkaig gold and other items. It implied that Cluny might be guilty of embezzlement and outright theft.
Cluny and Patullo arrived back in Paris on 20th convinced that their mission had been a failure. Cluny's response was to draw up a written accounting for the gold and Prince's personal property. This report begins by pointing out that the total amount of gold received by him had dwindled to 24,000 pieces by the time he was able to take possession of it. It then enumerated the disposition of those 24,000 pieces in great detail. He described the great efforts he had undertaken to protect the Prince's silver plate and stated that he would see that it was transferred to the Prince as soon as he could determine a way to achieve that. As far as the jewels were concerned, he declared "upon the word of a Christian and a man of honestie that I never saw or cou'd hear of the Casket of valuable things that H.R.H. says were among his Plate." He made four copies sending one to the Prince, one to his father, and retained two.