Notes and Queries, Number 24, April 13, 1850 by Various
page 57 of 71 (80%)
page 57 of 71 (80%)
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* * * * * "_Laissez faire, laissez passer._"--I think your correspondent "A MAN IN A GARRET" (No. 19. p. 308.) is not warranted in stating that M. de Gournay was the author of the above axiom of political economy. Last session Lord J. Russell related an anecdote in the House of Commons which referred the phrase to an earlier date. In the _Times_ of the 2nd of April, 1849, his Lordship is reported to have said, on the preceding day, in a debate on the Rate-in-Aid Bill, that Colbert, with the intention of fostering the manufactures of France, established regulations which limited the webs woven in looms to a particular size. He also prohibited the introduction of foreign manufactures into France. The French vine-growers, finding that under this system they could no longer exchange their wine for foreign goods, began to grumble. "It was then," said his Lordship, "that Colbert, having asked a merchant what he should do, he (the merchant), with great justice and great sagacity, said, 'Laissez faire et laissez passer'--do not interfere as to the size and mode of your manufactures, do not interfere with the entrance of foreign imports, but let them compete with your own manufactures." Colbert died twenty-nine years before M. de Gournay was born. Lord J. Russell omitted to state whether Colbert followed the merchant's advice. C. ROSS. _College Salting and Tucking of Freshmen_ (No. 17. p. 261., No. 19. |
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