"What we call reciprocity," he says, "is a pure fiction, the advantage of which is reaped by whichever of the parties can furnish navigation at the smallest expense. Now, as in France the elements of navigation, such as the purchase of the ships, the wages of the crews, and the costs of outfit, rise to an excessive figure, higher than in any of the other maritime nations, it follows that every reciprocity treaty is equivalent on our part to a treaty of abdication, and that, instead of agreeing to an act of mutual convenience, we resign ourselves, knowingly or involuntarily, to a sacrifice." And M. Reybaud then points out the disastrous consequences of reciprocity: France consumes five hundred thousand bales of cotton, and the Americans land them on our wharves; she uses enormous quantities of coal, and the English do the carrying thereof; the Swedes and Norwegians deliver to us themselves their iron and wood; the Dutch, their cheeses; the Russians, their hemp and wheat; the Genoese, their rice; the Spaniards, their oils; the Sicilians, their sulphur; the Greeks and Armenians, all the commodities of the Mediterranean and Black seas." Evidently such a state of things is intolerable, for it ends in rendering our merchant marine useless. Let us hasten back, then, into our ship yards, from which the cheapness of foreign navigation tends to exclude us. Let us close our doors to foreign vessels, or at least let us burden them with a heavy tax. Therefore, down with competition and rival marines! Does M. Reybaud begin to understand that his economico-socialistic oscillations are much more innocent than he would have believed? What gratitude he owes me for having quieted his conscience, which perhaps was becoming alarmed! The reciprocity of which M. Reybaud so bitterly complains is only a form of commercial liberty. Grant full and entire liberty of trade, and our flag is driven from the surface of the seas, as our oils would be from the continent. Therefore we shall pay dearer for our oil, if we insist on making it ourselves; dearer for our colonial products, if we wish to carry them ourselves. To secure cheapness it would be necessary, after having abandoned our oils, to abandon our marine: as well abandon straightway our cloths, our linens, our calicoes, our iron products, and then, as an isolated industry necessarily costs too much, our wines, our grains, our forage! Whichever course you may choose, privilege or liberty, you arrive at the impossible, at the absurd. Undoubtedly there exists a principle of reconciliation; but, unless it be utterly despotic, it must be derived from a law superior to liberty itself: now, it is this law which no one has yet defined, and which I ask of the economists, if they really are masters of their science. For I cannot consider him a savant who, with the greatest sincerity and all the wit in the world, preaches by turns, fifteen lines apart, liberty and monopoly.