History of Domestic And Foreign Commerce of the United States
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The largest part of the colonial shipping belonged to merchants who preferred to carry the commodi- ties which they themselves bought and sold. The carriage of tobacco and rice directly from the southern colonies to England apparently did not appeal to them as a profitable business and the field was left to the shipping of England. It seems also that the shipping owned in New England did not engage largely in the transportation of sugar from the West Indies to Europe, for when a law was passed ...in 1739 permitting the exportation of sugar directly to points south of Cape Finisterre, but limiting the carriage to vessels built and owned in Great Britain, there was no protest, except 'from the British carriers who owned colonial-built ships. In 1742 the privilege of entering the trade was accorded to them, but the New England ship-owner never received the same concession. In the same manner only the ship-owner residing in Great Britain was permitted by the act of 1730 to carry rice from Caro- lina directly to points south of Cape Finisterre, and the New England merchants and carriers never protested.
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To quickly assess the difficulty of the text, read a short excerpt:
The largest part of the colonial shipping belonged to merchants who preferred to carry the commodi- ties which they themselves bought and sold. The carriage of tobacco and rice directly from the southern colonies to England apparently did not appeal to them as a profitable business and the field was left to the shipping of England. It seems also that the shipping owned in New England did not engage largely in the transportation of sugar from the West Indies to Europe, for when a law was passed ...in 1739 permitting the exportation of sugar directly to points south of Cape Finisterre, but limiting the carriage to vessels built and owned in Great Britain, there was no protest, except 'from the British carriers who owned colonial-built ships. In 1742 the privilege of entering the trade was accorded to them, but the New England ship-owner never received the same concession. In the same manner only the ship-owner residing in Great Britain was permitted by the act of 1730 to carry rice from Caro- lina directly to points south of Cape Finisterre, and the New England merchants and carriers never protested.
What to read after History of Domestic And Foreign Commerce of the United States?
You can find similar books in the "Read Also" column, or choose other free books by Johnson, Emory R. (Emory Richard), 1864-1950 to read onlineMoreLess
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