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The Massachusetts Spy
Boston, Suffolk County, Massachusetts
What is this article about?
On September 3 in Paris, the Parliament issued a decree regulating corn trade: traders must register names, abodes, magazines, and transactions; supply markets sufficiently; monopolies and price enhancements are prohibited; farmers cannot sell standing corn or before granary storage, with severe penalties for violations.
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The Parliament has issued an arret, by which all persons who trade in corn, are to enter their name and place of abode, with an officer appointed for that purpose, together with the place where they have their magazines, and an account of the corn which they buy and sell.
The same arret obliges all persons, who trade in corn, to bring a sufficient quantity to stock the market, and, in case of necessity, proper officers are authorized to oblige them to do; all persons are strictly prohibited to monopolize corn, and to enhance the price of it; and the farmers, husbandmen, &c. are forbidden, under very severe penalties, to sell any corn standing, or before they get it into their granaries; all bargains of this kind being declared null and void.
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Where did it happen?
Foreign News Details
Primary Location
Paris
Event Date
September 3
Outcome
prohibition of corn monopolies and price enhancements; severe penalties for selling standing corn or before granary storage; such bargains declared null and void.
Event Details
The Parliament issued an arret requiring corn traders to register their names, abodes, magazines, and transactions with an appointed officer. Traders must supply sufficient corn to stock the market, with officers authorized to enforce this in necessity. Monopolizing corn and enhancing its price are strictly prohibited. Farmers and husbandmen are forbidden from selling corn standing or before granary storage under severe penalties.