A Discourse Delivered At Plymouth December 22 1820 in Commemoration of the F
A Discourse Delivered At Plymouth December 22 1820 in Commemoration of the F
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And whenever there be a prospect of a profitable investment abroad, all the gold and silver, except what these purposes require, will be exported. For the same reason, if a demand exist abroad for sugar and coffee, whatever amount of those articles might exist in the country, beyond the wants of its own consumption, would be sent abroad to meet that demand. Besides, sir, how should it ever occur to any body, that we should continue to export gold and silver, if we did not continue to import the...m also? If a vessel take our own products to the Havana, or else where, exchange them for dollars, proceed to China, exchange them for silks and teas, bring these last to the ports of the Medi- 27 ( 4 I terranean, sell them there for dollars, and return to the United States; this would be a voyage resulting in the importation of the pre cious metals. But if she had returned from Cuba, and the dollars ob tained there had been shipped direct from the United States to China, the China goods sold in Holland, and the proceeds brought home in the hemp and iron of Russia, this would be a voyage in which they were exported.
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To quickly assess the difficulty of the text, read a short excerpt:
And whenever there be a prospect of a profitable investment abroad, all the gold and silver, except what these purposes require, will be exported. For the same reason, if a demand exist abroad for sugar and coffee, whatever amount of those articles might exist in the country, beyond the wants of its own consumption, would be sent abroad to meet that demand. Besides, sir, how should it ever occur to any body, that we should continue to export gold and silver, if we did not continue to import the...m also? If a vessel take our own products to the Havana, or else where, exchange them for dollars, proceed to China, exchange them for silks and teas, bring these last to the ports of the Medi- 27 ( 4 I terranean, sell them there for dollars, and return to the United States; this would be a voyage resulting in the importation of the pre cious metals. But if she had returned from Cuba, and the dollars ob tained there had been shipped direct from the United States to China, the China goods sold in Holland, and the proceeds brought home in the hemp and iron of Russia, this would be a voyage in which they were exported.
What to read after A Discourse Delivered At Plymouth December 22 1820 in Commemoration of the F?
You can find similar books in the "Read Also" column, or choose other free books by Webster Daniel to read onlineMoreLess
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