F R A N C . ut 



a mortal blow ; it cut off an amazing pro- 

 portion of the foreign export of thefe fa-* 

 brics, and ruined fo many clafles of the 

 people depending on trade, as to damp the 

 home-confumption greatly. Any one mar 

 conceive how much this muil affect the 

 m after- manufacturers -, their warehoufes 

 full of goods, without any demand ; taxes 

 every day multiplying, in proportion as the 

 inability of the people to bear them became 

 greater. While all the ranks of the ftatc 

 were every day growing poorer, how could 

 a demand for manufactures continue; many 

 of which were objects not of abfolute necef- 

 fades ? Thus the manufacturers, who had 

 not good capitals, failed ; their bankrupt- 

 cies alarmed, and yet more diflreffed the 

 reft. Men who had fome property left in 

 manufactures, were eager to withdraw it* 

 fearing that they foon fhould follow elic. 

 This brings frefli difficulties upon all the 

 reftj for every man that goes out of a bufi- 

 nefs in fuch a time, muft bring his goods 

 to market, let them fetch what they will - 

 thus, at the very time when nobody can 

 buy, is the market glutted with goods : no 

 man then can keep his hands employed ; he 



muft 



