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The Virginia Gazette
Richmond, Williamsburg, Richmond County, Virginia
What is this article about?
Letter from Paris on August 19 reports that grain and provision prices have significantly decreased in France's interior due to the King's edict allowing unrestricted export and import of corn, which has beneficially encouraged agriculture and demonstrated the advantages of free commerce over restrictions.
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We are informed from divers of the interior parts of the kingdom that the price of grain and other provisions is considerably diminished, and it is certain that the King's edict, which grants an unbounded liberty to export and import corn into all our ports, has been productive of salutary effects. This edict is the sole and best encouragement for agriculture, and it is an incontestable truth that plenty and cheap markets are the fruits of the freedom of commerce, while scarcity and dearness are the consequences of restraint and prohibitions. A good example.
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Where did it happen?
Foreign News Details
Primary Location
Paris
Event Date
August 19
Key Persons
Outcome
price of grain and provisions considerably diminished; salutary effects on agriculture and commerce
Event Details
Informed from interior parts of the kingdom that prices of grain and other provisions have considerably diminished due to the King's edict granting unbounded liberty to export and import corn into all ports, productive of salutary effects and best encouragement for agriculture; freedom of commerce leads to plenty and cheap markets, while restraints cause scarcity and dearness.