each of
these kinds to be sent to each place, that either may not have the
advantage over the other, by having teas of a superior quality, their
respective qualities to be remarked in the invoices. A small assortment
of about a dozen or twenty small chests of Hyson, Souchong, Congou, and
each specie of Singlo tea, viz.: Twankey, Skin and First Sort, to be
sent to each place, with proper remarks thereon in the respective
invoices, each of these species to be taken out of some bed or break of
teas now laid down, or intended so to be, for next September sale,
regard being had to their respective qualities, and to be taken out of
such beds or breaks, which shall be sufficiently large, not only to
supply each Colony with its quantity, but also to leave a considerable
part thereof to be sold at the ensuing sale, by which means the Company
may hereafter compare the prices to the same parcel of tea sells for,
not only at each Colony, but also at their own sales, which can no
otherwise be done, as each of these species, going under the same
general denomination of Hyson, Souchong, Congo and Singlo, vary almost
100 pr cent. in the price they sell for, according to quality, & not 10
pr cent. in the purchase.

As it would be a great object with the Company to introduce, if
possible, the consumption of Singlo tea into America, that being a kind
of tea which spoils by age, much more than Bohea, and also that of which
they are much more considerably overloaded with, and further, such an
introduction would have this advantage also, that the foreign countries
could not soon rival us, not being themselves importers of any
considerable quantity of this specie of tea. It should be recommended to
the agents, to endeavour all they can, at such introduction, which it is
conceived may be brought about, at least in some degree, from the
experience of the consumption here in England, which will appear to have
constantly gained ground proportionally, as its price at the Company's
sales has approached nearer to Bohea tea, and in the present situation
of this branch of the Company's trade, it might easily be made appear,
it would be for their advantage, even to sell it in America, at the
quoted price of Bohea, by which means they might be relieved from the
disagreeable alternative of selling it here under prime cost, or keeping
a greater quantity unsold in their warehouses, until it is spoiled by
age.

Lon