5078. MARKETS, French.—[continued].
If American produce
can be brought into the ports of France, the
articles of exchange for it will be taken in
those ports; and the only means of drawing
it hither is to let the merchant see that he
can dispose of it on better terms here than
anywhere else. If the market price of this
country does not in itself offer this superiority,
it may be worthy of consideration,
whether it should be obtained by such abatements
of duties, and even by such other encouragements
as the importance of the article
may justify. Should some loss attend this
in the beginning, it can be discontinued when
the trade shall be well established in this
channel.—
To Marquis Lafayette. Washington ed. i, 597.
Ford ed., iv, 256.
(P.
1786)
