Considerations On the Danger And Impolicy of Laying Open the Trade With India An
Considerations On the Danger And Impolicy of Laying Open the Trade With India An
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The result was such as might " easily have been anticipated from such watchmen, many of whom " did not fail to profit largely hy the appointment. In the course of 167 now existing throughout the Kingdom, founded on the advantages anticipated from a free trade with Asia, is, if possible, still more gross and prevalent " several weeks the beach began to assume a less crowded appear- rt ance ; some few of the goods were taken to the residence of their " owners, others were removed ; but to what pl...ace, or by whom, " there was no way of ascertaining ; and a very great proportion " was sold at the Custom-house for the benefit of the Underwriters. " This stratagem so frequently practised (and certainly deserving " of the severest reprehension), afterwards operated as a very serious " injury to the regular sale of articles; for as the market was so " overstocked, scarcely any one would offer money for goods, ex- " cept at the Custom-house sales. As the depreciation continued, " numberless packages were there exposed for sale, in part damaged, " or apparently so.
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To quickly assess the difficulty of the text, read a short excerpt:
The result was such as might " easily have been anticipated from such watchmen, many of whom " did not fail to profit largely hy the appointment. In the course of 167 now existing throughout the Kingdom, founded on the advantages anticipated from a free trade with Asia, is, if possible, still more gross and prevalent " several weeks the beach began to assume a less crowded appear- rt ance ; some few of the goods were taken to the residence of their " owners, others were removed ; but to what pl...ace, or by whom, " there was no way of ascertaining ; and a very great proportion " was sold at the Custom-house for the benefit of the Underwriters. " This stratagem so frequently practised (and certainly deserving " of the severest reprehension), afterwards operated as a very serious " injury to the regular sale of articles; for as the market was so " overstocked, scarcely any one would offer money for goods, ex- " cept at the Custom-house sales. As the depreciation continued, " numberless packages were there exposed for sale, in part damaged, " or apparently so.
What to read after Considerations On the Danger And Impolicy of Laying Open the Trade With India An?
You can find similar books in the "Read Also" column, or choose other free books by East India Company to read onlineMoreLess
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