and their practice seem opposed to the general interest
of the kingdom, which would require, that this capital
article should be laid open to a free exchange for
the productions of this country. So far does the
spirit 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.