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Principles of Political Economy, Vol. 2

Note A3-9-3 — Chapter III

John J. (John Joseph) Lalor translation

Even before Colbert's time, French jewelry was prepared from Italian gold wire, and exported in great quantities. The mere rumor that it was contemplated to impose heavy duties on gold wire, provoked plans for the removal of the industry from Geneva to Avignon. (Farbonnais, F. de Fr., I, 275.) When France protects its raw silk, it makes the purchase of raw material in Italy cheaper to all its competitors.

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