Thomas Jefferson Papers

To Thomas Jefferson from Joseph Fenwick, 16 July 1787

From Joseph Fenwick

Bordeaux, 16 July 1787. Asks whether there will be any regulations on the tobacco trade between France and the United States after Mr. Morris’ contract expires. Since 1 May 7,100 hhds. of tobacco have arrived of which 6,000 hhds. are for Mr. Morris’ account; the farmers general have refused to purchase “from Adventurers at the stipulated prices under the pretext of having bought their quantity”; believes they have also refused at L’Orient, Marseilles, and every other port, and that they will have it in their power to reduce the price considerably. He expects a large cargo from the Potomac and is at a loss to know whether to sell it for what the farmers will pay or hold it for a better price; since he is young and “just venturing into the mercantile line,” his future will depend on “the first essay”; hopes TJ will give his opinion on these questions.

RC (DLC); 2 p.; endorsed. Recorded in SJL as received 21 July 1787.

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