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Emperor Napoleon III initiates free trade reforms in France

Louis Napoleon Bonaparte, circa 1850, detail
01/05/1860
Emperor Napoleon III ordered free trade reforms in France with the immediate removal of custom's duties on wool and cottons.  He also instructed a more gradual reduction in other items, including sugar.  This paves the way for a free trade treaty with Britain signed a few weeks later. (By John Osborne) 
Source Citation: 
The American Almanac and Repository of Useful Knowledge for the Year 1861 (Boston: Crosby, Nichols, Lee and Company, 1860), 406.

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