Your favor of the 4th instant came to hand yesterday.  I now enclose you the two Arrets against the importation of foreign manufactures into this kingdom.  The cause of the balance against this country in favor of England, as well as its amount, is not agreed on.  No doubt, the rage for English manufactures must be a principal cause.  The speculators in exchange say, also, that those of the circumjacent countries, who have a balance in their favor against France, remit that balance to England from France.  If so, it is possible that the English may count this balance twice:  that is, in summing their exports to one of these States, and their imports from it, they count the difference once in their favor; then a second time, when they sum the remittances of cash they receive from France.  There has been no Arret relative to our commerce, since that of August, 1784.  And all the late advices from the French West Indies are, that they have now in their ports always three times as many vessels as there ever were before, and that the increase is principally from our States.  I have now no further fears of that Arrets standing its ground.  When it shall become firm, I do not think its extension desperate.  But whether the placing it on the firm basis of treaty be practicable, is a very different question.  As far as it is possible to judge from appearances, I conjecture that Crawford will do nothing.  I infer this from some things in his conversation, and from an expression of the Count de Vergennes, in a conversation with me yesterday.  I pressed upon him the importance of opening their ports freely to us, in the moment of the oppressions of the English regulations against us, and perhaps of the suspension of their commerce.  He admitted it; but said we had free ingress with our productions.  I enumerated them to him, and showed him on what footing they were, and how they might be improved.  We are to have further conversations on the subject.  I am afraid the voyage to Fontainebleau will interrupt them.  From the inquiries I have made, I find I cannot get a very small and indifferent house there, for the season, (that is, for a month) for less than one hundred or one hundred and fifty guineas.  This is nearly the whole salary for the time, and would leave nothing to eat.  I therefore cannot accompany the court thither, but I will endeavor to go there occasionally from Paris.

They tell me it is the most favorable scene for business with the Count de Vergennes, because he is then more abstracted from the domestic applications.  Count d’Aranda is not yet returned from the waters of Vichy.  As soon as he returns, I will apply to him in the case of Mr. Watson.  I will pray you to insure Houdon’s life from the 27th of last month till his return to Paris.  As he was to stay in America a month or two, he will probably be about six months absent; but the three per cent, for the voyage being once paid, I suppose they will insure his life by the month, whether his absence be longer or shorter.  The sum to be insured is fifteen thousand livres tournois.  If it be not necessary to pay the money immediately, there is a prospect of exchange becoming more favorable.  But whenever it is necessary, be so good as to procure it by selling a draft on Mr. Grand, which I will take care shall be honored.  With compliments to the ladies,