Condy Raguet

1784 - 1842

Titles on this disk:

• author: The Principles of Free Trade

Quotation:

• (29 June, 2009) Condy Raguet lays out a set of basic principles of free trade among which is the idea that governments cannot create wealth by means of legislation and that individuals are better judges of the best way to use their capital and labor than governments (1835)

About this person:

Raguet was born in Philadelphia of French parents. He was elected to Congress in the Federalist Party but after the Panic of 1819 became increasingly in favor of sound banking and free trade. He served as Consul to Brazil under President Monroe.