The Writings of Thomas Jefferson by Thomas Jefferson (which ebook reader TXT) 📖
- Author: Thomas Jefferson
- Performer: -
Book online «The Writings of Thomas Jefferson by Thomas Jefferson (which ebook reader TXT) 📖». Author Thomas Jefferson
I have the honor to be, with sentiments of the most perfect esteem and respect, Gentlemen, your most obedient, and most humble servant.
TO THE COUNT DE MONTMORIN.
Paris, July 23, 1787.
Sir,—I had the honor, a few days ago, of putting into the hands of your Excellency, some observations on the other articles of American produce, brought into the ports of this country. That of our tobaccos, from the particular form of their administration here, and their importance to the King's revenues, has been placed on a separate line, and considered separately. I will now ask permission to bring that subject under your consideration.
The mutual extension of their commerce was among the fairest advantages to be derived to France and the United States, from the independence of the latter. An exportation of eighty millions, chiefly in raw materials, is supposed to constitute the present limits of the commerce of the United States with the nations of Europe; limits, however, which extend as their population increases. To draw the best proportion of this into the ports of France, rather than of any other nation, is believed to be the wish and interest of both. Of these eighty millions, thirty are constituted by the single article of tobacco. Could the whole of this be brought into the ports of France, to satisfy its own demands, and the residue to be re-vended to other nations, it would be a powerful link of commercial connection. But we are far from this. Even her own consumption, supposed to be nine millions, under the administration of the monopoly to which it is farmed, enters little, as an article of exchange, into the commerce of the two nations. When this article was first put into Farm, perhaps it did not injure the commercial interests of the kingdom; because nothing but British manufactures were then allowed to be given in return for American tobaccos. The laying the trade open, then, to all the subjects of France, could not have relieved her from a payment in money. Circumstances are changed; yet the old institution remains. The body to which this monopoly was given, was not mercantile. Their object is to simplify as much as possible, the administration of their affairs. They sell for cash; they purchase, therefore, with cash. Their interest, their principles and their practice, seem opposed to the general interest of the kingdom, which would require, that this capital article should be laid open to a free exchange for the productions of this country. So far does the spirit of simplifying their operations govern this body, that relinquishing the advantages to be derived from a competition of sellers, they contracted some time ago with a single person (Mr. Morris), for three years' supplies of American tobacco, to be paid for in cash. They obliged themselves too, expressly, to employ no other person to purchase in America, during that term. In consequence of this, the mercantile houses of France, concerned in sending her productions to be exchanged for tobacco, cut off, for three years, from the hope of selling these tobaccos in France, were of necessity to abandon that commerce. In consequence of this, too, a single individual, constituted sole purchaser of so great a proportion of the tobaccos made, had the price in his own power. A great reduction in it took place, and that, not only on the quantity he bought, but on the whole quantity made. The loss to the States producing the article, did not go to cheapen it for their friends here. Their price was fixed. What was gained on their consumption, was to enrich the person purchasing it; the rest, the monopolists and merchants of other countries. The effect of this operation was vitally felt by every farmer in America, concerned in the culture of this plant. At the end of the year, he found he had lost a fourth or a third of his revenue; the State, the same proportion of its subjects of exchange with other nations: the manufactures of this country, too, were either not to go there at all, or go through the channel of a new monopoly, which, freed from the control of competition in prices and qualities, was not likely to extend their consumption. It became necessary to relieve the two countries from the fatal effects of this double monopoly. I had the honor of addressing a letter, on the 15th day of August, 1785, to his late excellency, the Count de Vergennes, upon this subject, a copy of which I do myself the honor herein to enclose. The effectual mode of relief was to lay the commerce open. But the King's interest was also to be guarded. A committee was appointed to take this matter into consideration; and the result was, an order to the Farmers General, that no such contract should be made again. And to furnish such aliment as might keep that branch of commerce alive, till the expiration of the present contract, they were required to put the merchants in general, on a level with Mr. Morris, for the quantity of twelve or fifteen thousand hogsheads a year. That this relief, too, might not be intercepted from the merchants of the two suffering nations by those of a neighboring one, and that the transportation of so bulky an article might go to nourish their own shipping, no tobaccos were to be counted of this purchase, but those brought in French or American vessels. Of this order, made at Bernis, his Excellency, Count de Vergennes, was pleased to honor me with a communication, by a letter of the 30th of May, 1786, desiring that I would publish it as well in America, as to the American merchants in France. I did so; communicating it to Congress at the same time. This order, thus viewed with the transactions which produced it, will be seen to have been necessary; and its punctual and candid execution has been rendered still more so, by the speculations of the merchants, entered into on the faith of it. Otherwise, it would become the instrument of their ruin instead of their relief. A twelve month has elapsed some time since; and it is questioned whether the Farmers General have purchased, within that time, the quantity prescribed, and on the conditions prescribed. It would be impossible for the merchants to prove the negative; it will be easy for the Farmers General to show the affirmative, if it exists. I hope that a branch of commerce of this extent will be thought interesting enough to both nations, to render it the desire of your Excellency to require, as I deem it my duty to ask, a report of the purchases they have made, according to the conditions of the order of Bernis, specifying, in that report, 1, the quantities purchased; 2, the prices paid; 3, the dates of the purchase and payment; 4, the flag of the vessel in which imported; 5, her name; 6, her port of delivery; and 7, the name of the seller. The four first articles make part of the conditions required by the order of Bernis; the three last may be necessary for the correction of any errors which should happen to arise in the report.
But the order of Bernis was never considered but as a temporary relief. The radical evil will still remain. There will be but one purchaser in the kingdom, and the hazard of his refusal will damp every mercantile speculation. It is very much to be desired, that before the expiration of this order, some measure may be devised, which may bring this great article into free commerce between the two nations. Had this been practicable at the time it was put into Farm, that mode of collecting the revenue would probably never have been adopted; now that it has become practicable, it seems reasonable to discontinue this mode, and to substitute some of those practised on other imported articles, on which a revenue is levied, without absolutely suppressing them in commerce. If the revenue can be secured, the interests of a few individuals will hardly be permitted to weigh against those of as many millions, equally subjects of his Majesty, and against those, too, of a nation allied to him by all the ties of treaty, of interest and of affection. The privileges of the most favored nation, have been mutually exchanged by treaty. But the productions of other nations, which do not rival those of France, are suffered to be bought and sold freely within the kingdom. By prohibiting all his Majesty's subjects from dealing in tobacco, except with a single company, one third of the exports of the United States are rendered uncommerciable here. This production is so peculiarly theirs, that its shackles affect no other nation. A relief from these shackles, will form a memorable epoch in the commerce of the two nations. It will establish at once a great basis of exchange, serving like a point of union to draw to it other members of our commerce. Nature, too, has conveniently assorted our wants and our superfluities, to each other. Each nation has exactly to spare, the articles which the other wants. We have a surplus of rice, tobacco, furs, peltry, potash, lamp oils, timber, which France wants; she has a surplus of wines, brandies, esculent oils, fruits and manufactures of all kinds, which we want. The governments have nothing to do, but not to hinder their merchants from making the exchange. The difference of language, laws and customs, will be some obstacle for a time; but the interest of the merchants will surmount them. A more serious obstacle is our debt to Great Britain. Yet, since the treaty between this country and that, I should not despair of seeing that debt paid, in part, with the productions of France, if our produce can obtain here, a free course of exchange for them. The distant prospect is still more promising. A century's experience has shown, that we double our numbers every twenty or twenty-five years. No circumstance can be foreseen, at this moment, which will lessen our rate of multiplication for centuries to
Comments (0)