5087. MARKETS, Monopolized.—
It is contrary to the spirit of trade, and to the
dispositions of merchants, to carry a commodity
to any market where but one person
is allowed to buy it, and where, of course,
that person fixes its price, which the seller
must receive, or reexport his commodity, at
the loss of his voyage thither. Experience
accordingly shows, that they carry it to other
markets, and that they take in exchange
the merchandise of the place where they deliver
it.—
To Count de Vergennes. Washington ed. i, 386.
(P.
1785)
