FREE BOOKS

Author's List




PREV.   NEXT  
|<   88   89   90   91   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   111   112  
113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   >>   >|  
American tobacco found their way not only to the ports of France and Holland and Spain, but even to the distant cities of Sweden and Russia.[7-10] The Baltic trade alone amounted to from 5,000 to 10,000 hogsheads, and added from L10,000 to L24,000 to the income of the planters. The chief Russian port of entry was Narva, which took annually some 500 hogsheads, but large quantities were shipped also to Riga and Raval.[7-11] The northern nations bought the cheaper varieties, for no tobacco could be too strong for the hardy men of Sweden and Russia. The trade was of great importance to England, as the leaf, after it had gone through the process of manufacture, sold for about six pence a pound, yielding to the nation in all from L60,000 to L130,000.[7-12] As the English were still largely dependent upon the Baltic for potash and ship stores, this constituted a most welcome addition to the balance of trade. To the colonies also it was vital, carrying off a large part of the annual crop, and so tending to sustain prices. France, too, proved a good customer for English tobacco, and in the years prior to the War of the Spanish Succession took annually from 8,000 to 10,000 hogsheads, or from 4,000,000 to 6,000,000 pounds.[7-13] Micajah Perry reported to the Lords of Trade that from 6,000 to 10,000 hogsheads went to France from London alone, while a very considerable amount was sent also from other ports.[7-14] Far more surprising is the fact that even Spain consumed millions of pounds of English leaf. With her own colonies producing the best tobacco in the world and in the face of its practical exclusion from the English market, it is strange that the Government at Madrid should have permitted this commerce to continue. The obvious course for the Spaniards under the economic theories of the day would have been to exclude English tobacco, both in order to protect their own planters and to retaliate for the restrictions upon their product. Yet it is estimated that from 6,000 to 10,000 hogsheads entered Spain each year.[7-15] A pamphlet published in 1708 entitled _The Present State of Tobacco Plantations in America_ stated that before the outbreak of the war then raging, France and Spain together had taken annually about 20,000 hogsheads.[7-16] The Dutch, too, despite their bitter rivalry with the British, found it impossible to do without Virginia tobacco. Purchasing the finest bright Orinoco, they mixed it with leaf of the
PREV.   NEXT  
|<   88   89   90   91   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   111   112  
113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   >>   >|  



Top keywords:

tobacco

 
hogsheads
 

English

 

France

 

annually

 

colonies

 
Sweden
 
pounds
 

Baltic

 
Russia

planters

 

economic

 

Madrid

 

Government

 

theories

 

permitted

 

continue

 

Spaniards

 
commerce
 

strange


obvious

 

amount

 

considerable

 

London

 
surprising
 

practical

 
exclusion
 

producing

 

consumed

 
millions

market

 

raging

 

outbreak

 

bitter

 

rivalry

 

bright

 
finest
 

Orinoco

 

Purchasing

 

Virginia


British

 

impossible

 

stated

 

America

 
product
 
restrictions
 

estimated

 

entered

 
retaliate
 

protect