FREE BOOKS

Author's List




PREV.   NEXT  
|<   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149  
150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   >>   >|  
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
PREV.   NEXT  
|<   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149  
150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   >>   >|  



Top keywords:

merchants

 

report

 
Bernis
 

commerce

 

revenue

 

conditions

 

nations

 

practicable

 

General

 

purchased


prescribed

 
Farmers
 
relief
 

imported

 
articles
 
purchaser
 

happen

 

seller

 

kingdom

 

delivery


hazard

 

remain

 

considered

 

required

 

correction

 

errors

 

refusal

 

radical

 

temporary

 
practised

levied

 

substitute

 
reasonable
 

discontinue

 

absolutely

 
suppressing
 

individuals

 
permitted
 

interests

 
secured

adopted

 

desired

 

expiration

 
measure
 

mercantile

 

speculation

 
devised
 

collecting

 

article

 
Excellency