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nts entered deeply into the privateering business. The individuals who did not, say they have lost this interest: the debtor replies, that he has not gained it, and that it is a case where, a loss having been incurred, every one tries to shift it from himself. The known bias of the human mind from motives of interest should lessen the confidence of each party in the justice of their reasoning: but it is difficult to say, which of them should make the sacrifice, both of reason and interest. Our conferences were intended as preparatory to some arrangement. It is uncertain how far we should have been able to accommodate our opinions. But the absolute aversion of the government to enter into any arrangement prevented the object from being pursued. Each country is left to do justice to itself and to the other, according to its own ideas as to what is past; and to scramble for the future as well as they can: to regulate their commerce by duties and prohibitions, and perhaps by cannons and mortars; in which event, we must abandon the ocean, where we are weak, leaving to neutral nations the carriage of our commodities; and measure with them on land, where they alone can lose. Farewell, then, all our useful improvements of canals and roads, reformations of laws, and other rational employments. I really doubt, whether there is temper enough, on either side, to prevent this issue of our present hatred. Europe is, at this moment, without the appearance of a cloud. The death of the King of Prussia, daily expected, may raise one. My paper admonishes me, that, after asking a continuance of your favors, it is time for me to conclude with assurances of the esteem with which I am, Dear Sir, your friend and servant, Th: Jefferson. LETTER XIV.--TO T. PLEASANTS, May 8,1786 TO T. PLEASANTS. Paris, May 8,1786. Dear Sir, At the time of the receipt of your favor of October the 24th, the contract between the Farmers General and Mr. Morris, for tobacco, was concluded, and in a course of execution. There was no room, therefore, to offer the proposals which accompanied your letter. I was, moreover, engaged in endeavors to have the monopoly, in the purchase of this article, in this country, suppressed. My hopes on that subject are not desperate, but neither are they flattering. I consider it as the most effectual means of procuring the full value of our produce, of diverting our demands for manufactures from Great Britain to
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