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Sale 38 Lot 865

GEORGE III (1738-1820) King of England during the American Revolution, it was his policies of taxation and repression that led to the uprisings in the Colonies. Outstanding and historically important A.L.S. "Geo R", 1p. 4to., Luchenshoare, Jan. 2, 1786, in which he discusses the difficult negotiations with France in creating the Treaty of Caniargi - later known as The Eden Treaty - which was a main component of the social unrest leading up to the French Revolution. In part: "...I have so much reason always to suspect every transaction that the active genius of French politicks creates, that I entirely agree it would be hazardous to enter into it without knowing the whole, and consequently that authentic copies of the Treaty of Caniargi and of the others which I alluded to as well as the Commercial Regulations referred to in the Propositions made by Russia to the Port should be produced and examined before any answer to the idea of guaranty given...". In 1786, England engaged France in the Eden Treaty, a series of commercial treaties that effectively ended the "economic war" between the two countries due to the secession of the thirteen American colonies as well as the publication of Adam Smith's influential volume The Wealth of Nations. Obstinacy in negotiations on the part of the British made the commercial agreement beneficial almost solely to that country, and the unequal protection granted certain industries had a deleterious effect on the strained French economy. This treaty, which essentially destroyed the French economy by allowing duty free tariffs to go into England without reciprocal treatment for France, was considered to be a prime source of the grievances of the French people that sparked the French Revolution. Boldly written. Handsomely matted in green and set into a gilt frame, very good condition. Not examined out of frame.
Estimate $ 2,000-3,000

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