of the Société d’économie politique will appear in the next issue of Le Journal des économistes. 134 I hope it will produce a good effect. However, in view of the extreme susceptibility of our fellow citizens, it was deemed appropriate not to publish it in the daily press and to wait until our Paris association was on a firmer footing.
What we lack above all is a mouthpiece, a special journal, like the League. You will tell me that this must be a product of the association. However, I firmly believe that, to a certain extent, it is the association that will be the product of the journal; we do not have the means of communication and no accredited journal can provide us with one.
For this reason, I have thought about creating a weekly journal entitled Libre échange. I received the estimate for it yesterday evening. It can be established for an expenditure of 40,000 francs for the first year and receipts, based on one thousand subscribers at 10 francs, would only be 10,000 francs; a loss of 30,000 francs.
Bordeaux will, I hope, agree to bear part of this. But I must envisage covering the total cost. I thought of you. I cannot ask England for an open or secret subsidy as this would result in more disadvantages than benefits. But could you not obtain for us one thousand subscriptions at half a guinea? This would mean receipts of 500 pounds sterling or 12,500 francs, or 10,000 francs net once postage charges have been deducted. I think that London, Manchester, Liverpool, Leeds, Birmingham, Glasgow, and Edinburgh would be enough to take these thousand copies in genuine subscriptions, which your agents would facilitate. There would then be no subsidy, but faithful encouragement, which could be acknowledged openly.
When I see the timidity of our so-called free traders and how little they understand the necessity of adopting hard and fast principles, I consider it essential—as I will not hide from you—to take the initiative of starting this journal and managing it, for if, instead of preceding the association, it follows it, and is obliged to take on its spirit instead of creating it, I fear that the enterprise will be still-born.
Please reply as soon as you can and give me your frank advice.
59. Letter to Richard Cobden
| Paris, 11 April 1846 | [vol. 1, p. 131] |
My dear sir, I hasten to tell you that your reply to the address of the economists will appear in this month’s journal, which will be published between the 15th and 20th. The translation is a little weak, as the person to whom it was mainly addressed thought it more appropriate to soften a few expressions in order to humor the susceptibility of our general public. This susceptibility is genuine, and what is more, it is cleverly manipulated. Just recently, while reading a few proofs in a printing works, I came across a book in which we were positively accused of having been bribed by England or rather by the League. As I knew the author, I persuaded him to withdraw this absurd allegation, but it made me realize the increasing danger of having any financial link with your society. I find it impossible to see anything reprehensible in the few subscriptions you may take in our writings in order to distribute them in Europe, and yet from now on I will refrain from calling on your sympathy and, independently of the reasons you give me, this is enough to make me resolve to conform to the national prejudice in this regard.
Although the movement in Bordeaux was rather impressive, I fear that it will create a great many obstacles precisely for that reason. No one dares do anything in Paris, for fear of not doing as much as Bordeaux. Right from the beginning, I predicted that an association, unnoticed at first but made up of men that were totally united and persuaded, would have a better chance than a grand demonstration. Finally, we have to act using the elements we have to hand, and one of the benefits of the association, if ever it spreads, will be to train135 the members themselves. They certainly need it. They cannot perceive the distinction between revenue-raising duties and protectionist duties. That means that they do not understand the very principle of the association, the only thing that can give it strength, cohesion, and longevity. I have developed this thesis in today’s issue of Le Courrier français, and will continue to do so.
Whatever happens, there has been incontrovertible progress in this country. Six months ago, no newspaper would support us. Today, we have five in Paris, three in Bordeaux, two in Marseilles, one in Le Havre, and two in Bayonne. I hope that a dozen peers and as many deputies will join our League and draw from it, if not enlightenment, at least courage.
60. Letter to Félix Coudroy
| Paris, 18 April 1846 | [vol. 1, p. 68] |
My dear Félix, I am totally deprived of your letters and it is true that I myself have been very negligent. You cannot believe that I have no time, but this is nevertheless true; when you are living as though so to speak “camping in Paris,” the availability of time is so bad that you end up doing nothing.
I will not tell you very much about myself. I have so many people to see that I see no one; this may seem paradoxical but it is true. I have been only once to Dunoyer’s, once to Comte’s, once to Mignet’s, and so on. I am able to have contact with the newspapers; La Patrie, Le Courrier français, Le Siècle, and Le National have opened their columns to me. I have not been able to sign up with the Débats.136 M. Michel Chevalier has offered to include my articles in it, but I want to have entry to their actual offices to avoid cuts and changes.
The association is moving forward at the speed of a tortoise; I will not have my position settled until Sunday week, when there will be a meeting. Here are the names of some of the members: Harcourt, Pavée de Vandœuvre, Admiral Grivel, Anisson-Duperron, Vincens de Saint-Laurent, peers.
Lamartine, Lafarelle, Bussières, Lherbette, de Corcelle, and a few other deputies.
Michel Chevalier, Blanqui, Wolowski, Léon Faucher, and other economists. D’Eichthal, Cheuvreux, Say, and other merchant bankers.
The difficulty is to gather together these figures who are borne along in the political whirlwind. Behind them, there are young people who are more fervent and who must be contained at least provisionally, so as not to lose the advantage of having the support of these well-known and popular names.
In the meantime, we have had a meeting of the traders and manufacturers in Paris. Our aim was to prepare them; I was very ill prepared myself and I had not devoted more than one hour to thinking about what I would have to say. I drew up a very simple plan in which I could not go wrong and was happy to find that this method was not beyond my powers. By starting very simply and in a conversational tone, without seeking to be either witty or eloquent, but only to be clear and convincing, I was able to talk for half an hour without either fatigue or shyness. Others were more brilliant. We will be having another, larger meeting in a week’s time and then I will try to enthuse the Latin Quarter.
I have seen the minister of finance137 in the last few days. He approved of all I am doing and asks for nothing more than to see public opinion molded.
Farewell; time is running short and I am even afraid that I am late.
61. Letter to Félix Coudroy.
| Paris, 3 May 1846 | [vol. 1, p. 70] |
My dear Félix, I have learned that there is an opportunity to send this letter and, although I am not at my best (as I have been holding my pen for seven hours), I do not want to let it pass without giving you my news.
I mentioned a meeting tomorrow to you and this is its subject. The addition of famous figures has buried our modest association. These people