dred members of the tribunate, but resigned in 1804, and established a cotton mill, which in 1814 he contemplated removing
to Virginia. He corresponded with Jefferson as to this, who consulted Joseph Correa de Serra. In his letter written to the latter on December 27, 1814,
Jefferson added: “
M
r. Say will be surprised to find that 40. years after the developement of sound financial principles by Adam Smith and the
Economists, and a dozen years after he has given them to us in a corrected, dense & lucid form, there should be so much ignorance
of them in our country; that instead of funding issues of paper on the hypothecation of specific redeeming taxes, (the only
method of anticipating, in a time of war, the resources of times of peace, tested by the experience of nations,) we are trusting
to tricks of jugglers on the cards, to the illusions of banking schemes for the resources of the war, and for the cure of
colic to inflations of more wind . . .
”
Say gave up this project and remained in France, where he held several positions including that of professor of political
economy at the Collège de France.
Joseph Correa de Serra (properly José Francisco Correa de Serra), 1750-1823, Portuguese diplomat and botanist. He first came to the United States in 1813 and gave lectures on botany. In 1816 he was appointed Minister Plenipotentiary to the United States from Portugal, and he retained the appointment until 1820.
[3547]
J. 5
New & Old principles of trade compared.
8
vo.
[suppos
d. by Vaughan.
1815 Catalogue, page 101. no. 321, New and old principles of trade compared, by Vaughan, 8vo.
[VAUGHAN,
William.]
New and old principles of trade compared; or a treatise on the principles of commerce between nations; with an Appendix .
. .
London: Printed for
J. Johnson, and
J. Debrett,
m dcc lxxxviii
. [1788.]
HF2044 .N5
First Edition. 8vo. 70 leaves including the half-title and a leaf of errata; folded table.
Not in Halkett and Laing.
Original sheep. Not initialled by Jefferson;
by W
m. Vaughan
written in ink on the title, not by Jefferson. With the Library of Congress 1815 bookplate.
This is probably the “little work” referred to by Benjamin Vaughan in his letter to Jefferson written from London on June 6, 1788: “. . . I have the pleasure to send you Lavater’s
Aphorisms
& a little work upon Commerce . . .”
For a note on William Vaughan, the brother of Benjamin Vaughan, see no. 1231.
[3548]
J. 6
Tracts on commerce. viz.
On Commerce & Luxury.
Discours sur l’influence du commerce sur l’esprit et les moeurs.
Dupont lettre Physiocratique.
Principles of trade. the notes by D
r. Franklin.
1815 Catalogue, page 106. no. 319, Tracts on Commerce, Dupont, &c. Notes, by Dr. Franklin, 8vo.
Four tracts bound together in one volume, 8vo. half-binding, with labels on the back lettered:
Commercial /
Pamphlets. /
Vol. 2. / With the Library of Congress 1815 bookplate.
HF345 .C62 Vol. 2
On the fly-leaf Jefferson has listed the tracts, as below. The tracts are serially numbered in ink on the titles or first pages.
Two of the tracts were presented to Jefferson by Benjamin Franklin.
