FREE BOOKS

Author's List




PREV.   NEXT  
|<   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54  
55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   >>   >|  
in the reign of Louis XIV-about sixty cents, from which it fell rapidly to the epoch of the Revolution, when its value was only nineteen cents, and the franc took its place. It is plain from this, that, when livres are spoken of during a period of a hundred years, their precise equivalent in English or American money cannot be stated,--still less their market-relations to all the necessaries of life. The reader can therefore procure from the statistics of these periods only an approximative idea of the values of crops and the wealth created by their passing into trade. A great deal of the current specie of the island consisted of Spanish and Portuguese coin, introduced by illegal trade. A Spanish _piastre gourde_ in 1776 was rated at 7-1/2 livres, and sometimes was worth 8-1/4 livres. A _piastre gourde_ was a dollar. If we represent this dollar by one hundred cents, we can approach the value of the French livre, because the _gourde_ passed in France for only 5-1/4 livres; that is, a livre had already fallen to the value of the present franc, or about nineteen cents. The difference of value between Paris and the colony was the cause of great embarrassment. Projects for establishing an invariable money were often discussed, but never attempted. All foreign specie ought to have become merchandise in the colony, and to have passed according to its title and weight. Exchange of France with San Domingo was at 66-2/3: that is, 66 livres, 13 sols, 4 deniers tournois were worth a hundred livres in the Antilles. Deduct one-third from any sum to find the sum in livres tournois. Pounds. Livres. Sugar, {To France, 166,353,834 for 61,849,381 {Abroad, 104,099,866 " 38,703,720 Coffee, {To France, 61,991,699 " 29,421,039 {Abroad, 50,058,246 " 23,757,464 Indigo, {To France, 2,067,498 " 17,573,733 {Abroad, 1,130,638 " 9,610,423 Cacao, {To France, 1,562,027 " 1,093,419 {Abroad, 794,275 " 555,992 Roucou,[D] {To France, 352,216 " 220,369 {Abroad, 153,178 " 95,838 Cotton, {To France, 3,407,157 " 11,017,892 {Abroad, 102,011 " 255,027 [Footnote D: This was the scarlet dye of the Caribs, which they procured from the red pulpy covering of the seeds of the _Bixa orellana_, by simply rubbing their bodies w
PREV.   NEXT  
|<   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54  
55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   >>   >|  



Top keywords:

France

 

livres

 

Abroad

 

gourde

 

hundred

 

Spanish

 

piastre

 

tournois

 

colony

 
dollar

passed
 

specie

 

nineteen

 
Coffee
 

procured

 

Caribs

 
rubbing
 

bodies

 
Pounds
 

Livres


Deduct
 

deniers

 

orellana

 

Antilles

 

scarlet

 

Roucou

 

Cotton

 

simply

 

Indigo

 

Footnote


covering

 

necessaries

 

reader

 
relations
 

stated

 

market

 

procure

 
statistics
 

wealth

 
created

passing
 
values
 

periods

 

approximative

 

rapidly

 

Revolution

 

precise

 

equivalent

 
English
 

American