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Foreign News April 27, 1786

Fowle's New Hampshire Gazette And General Advertiser

Portsmouth, Rockingham County, New Hampshire

What is this article about?

Report on France's diversified industry, American colonies, imports, national contributions, clergy income, pre-war commerce balance, and circulating specie, citing Mr. Neckar, estimating annual wealth increase matching Europe's collective.

Clipping

OCR Quality

98% Excellent

Full Text

PHILADELPHIA, April 7.
The industry of the inhabitants of France (says Mr. Neckar) is so diversified, that the kingdom perhaps is in no real want of the works of art of other nations. Wealthy colonies in America form a part of the King's possessions :-and products to the amount of above one hundred and twenty millions of livres are annually imported into France. The contributions of the nation, added to the domain revenues of the crown, and the patrimonial estates of towns, hospitals, &c. amount to six hundred millions. The clergy possess a yearly income of one hundred and thirty millions. The annual balance of commerce in favour of France, might be estimated before the late war at seventy millions.--The gold and silver specie in circulation in that kingdom, amounts to above two thousand millions of livres. The annual increase of that wealth may be valued at forty millions. And this increase is probably equal to the augmentation of specie in all the other states of Europe collectively.

What sub-type of article is it?

Economic

What keywords are associated?

France Economy Neckar Report Commerce Balance French Colonies Specie Circulation

What entities or persons were involved?

Mr. Neckar

Where did it happen?

France

Foreign News Details

Primary Location

France

Key Persons

Mr. Neckar

Outcome

annual imports over 120 million livres; national contributions and revenues 600 million; clergy income 130 million; pre-war commerce balance 70 million; circulating specie over 2,000 million livres; annual wealth increase 40 million, equal to europe's collective.

Event Details

France's industry is diversified, needing no foreign art works; includes wealthy American colonies; annual imports exceed 120 million livres; total contributions, crown revenues, and estates amount to 600 million; clergy yearly income 130 million; pre-war commerce balance estimated at 70 million; gold and silver in circulation over 2,000 million livres; annual increase valued at 40 million, matching Europe's total augmentation.

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