So that there was a livre of Paris and a livre of Tours, called livre tournois: the latter being worth five deniers less than the livre of Paris. The tendency of the Crown to absorb all the local moneys of France was not completely successful till the reign of Louis XIV., who abolished the Paris livre and made the livre tournois the money of account. The earliest livre was that of Charlemagne, the silver value of which is representable by eighty cents. It steadily depreciated, till it was worth in the reign of Louis XIV-about sixty cents, from which it fell rapidly to the epoch of the Revolution, when its value was only nineteen cents, and the franc took its place.

It is plain from this, that, when livres are spoken of during a period of a hundred years, their precise equivalent in English or American money cannot be stated,—still less their market-relations to all the necessaries of life. The reader can therefore procure from the statistics of these periods only an approximative idea of the values of crops and the wealth created by their passing into trade.

A great deal of the current specie of the island consisted of Spanish and Portuguese coin, introduced by illegal trade. A Spanish piastre gourde in 1776 was rated at 7-1/2 livres, and sometimes was worth 8-1/4 livres. A piastre gourde was a dollar. If we represent this dollar by one hundred cents, we can approach the value of the French livre, because the gourde passed in France for only 5-1/4 livres; that is, a livre had already fallen to the value of the present franc, or about nineteen cents.

The difference of value between Paris and the colony was the cause of great embarrassment. Projects for establishing an invariable money were often discussed, but never attempted. All foreign specie ought to have become merchandise in the colony, and to have passed according to its title and weight. Exchange of France with San Domingo was at 66-2/3: that is, 66 livres, 13 sols, 4 deniers tournois were worth a hundred livres in the Antilles. Deduct one-third from any sum to find the sum in livres tournois.

                           Pounds. Livres.
  Sugar, {To France, 166,353,834 for 61,849,381
             {Abroad, 104,099,866 " 38,703,720

  Coffee, {To France, 61,991,699 " 29,421,039
             {Abroad, 50,058,246 " 23,757,464

  Indigo, {To France, 2,067,498 " 17,573,733
             {Abroad, 1,130,638 " 9,610,423

  Cacao, {To France, 1,562,027 " 1,093,419
             {Abroad, 794,275 " 555,992