The Writings of Thomas Jefferson, Vol. 2 (of 9): Being His Autobiography, Correspondence, Reports, Messages, Addresses, and Other Writings, Official and PrivateJefferson, Thomas
History
The Writings of Thomas Jefferson, Vol. 2 (of 9): Being His Autobiography, Correspondence, Reports, Messages, Addresses, and Other Writings, Official and Private
Jefferson, Thomas
United States -- Politics and government -- 1775-1783; United States -- Politics and government -- 1783-1865
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
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