FREE BOOKS

Author's List




PREV.   NEXT  
|<   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141  
142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   >>   >|  
in England; and by the mode proposed for disposing of the teas, the grocers and merchants will be quickly served without any risk of loss by bad debts. I beg your forgiveness for the freedom I have taken. I have the honor to be, with due respect, gentlemen, Your most obed't & humble servant, GILBERT BARKLY. Lombard Street, 29 June, 1773. To the chairman & deputy chairman of the East India Comp'y. (_See Mr. Barkly's letter in the miscellany bundle for the Pennsylvania packet of 17th May, 1773._) Sir: Upon my coming to town, I found a letter from the clerk of the Committee of Warehouses, desiring my attendance at the East India House, relative to the exportation of teas to America. I should have waited on the Committee of Warehouses at the time desired, if I had been in town, and I will attend them if they wish to see me any day next week, which may be convenient to them. I am, sir, Your most obedi^t. humb. serv't, SAMUEL WHARTON. Argyle Street, June 30th, 1773 Crabb Boulton, Esqr. SOME THOUGHTS UPON THE EAST INDIA COMPANY'S SENDING OUT TEAS TO AMERICA. _Submitted to the consideration of Henry Crabb Boulton, Esq., Chairman of the East India Company._ The usual exports to America, consisting of callicoes, muslins, and other produce of India, (tea excepted,) have been seldom less than L600,000 pr an., as such the consequence of that trade, and the interest of the merchants concerned therein, ought to be well considered before this measure of sending out teas to America should be adopted, lest it might defeat the one and prejudice the other. The merchants are much alarmed at this step of the Company, fearing it will prevent, in a great degree, the remittances from their correspondents by so much or near it as the sales of the teas amount to; for it is beyond a doubt, that the people in America, if they admit the teas, (which I much doubt,) will be tempted to purchase them with the very money arising from the sales of muslins, callicoes, Persians, &c., bought of the Company instead of sending it to the merchants in England, and thereby tend to encrease the distress which is already too severely felt, for want of remittances. And I should not be surprized at the me
PREV.   NEXT  
|<   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   140   141  
142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   >>   >|  



Top keywords:

merchants

 
America
 

Company

 

remittances

 

chairman

 

Street

 
Boulton
 

callicoes

 

England

 
sending

muslins

 
letter
 

Warehouses

 

Committee

 
considered
 
measure
 
exports
 

consisting

 

produce

 
Chairman

consideration

 

excepted

 

seldom

 

consequence

 

interest

 

concerned

 

fearing

 
bought
 

Persians

 

arising


tempted
 
purchase
 
encrease
 

surprized

 

severely

 
distress
 
people
 

prejudice

 

alarmed

 

defeat


adopted

 
Submitted
 

prevent

 

amount

 

correspondents

 

degree

 

deputy

 
Lombard
 

servant

 
GILBERT