Travels Through the United States of North America, the Country of the Iroquois, And Upper Canada, in the Years 1795, 1796, And 1797 : With An Authentic Account of Lower Canada V.4
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In our eReader you can find the full English version of the book. Read Travels Through the United States of North America, the Country of the Iroquois, And Upper Canada, in the Years 1795, 1796, And 1797 : With An Authentic Account of Lower Canada V.4 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Travels Through the United States of North America, the Country of the Iroquois, And Upper Canada, in the Years 1795, 1796, And 1797 : With An Authentic Account of Lower Canada V.4
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•But it will not do to put too many notes into circulation. Their renewal, too often repeated, might have a bad efîed: upon their credit, which it is important for them not entirely to Icfc.
They then buy bills of exchange upon London at a long THE UNITED STATES, CANADA, &C. 4^9 a long date, and fell them for ready money below par. This is a frequent means of procuring caih.
Sometimes goods are taken upon the longeft credit that can be obtained, and lîiipped for a foreign market ; and, in this ...cafe, the American merchant draws according to his neceffities, the London merchants engaging to accept the con- figner's notes for two- thirds of the amount of the conûgnmcnt, upon tranfmitting to them the bill of lading, and empowering them to make the infurance.
If thefe means fail, the merchant whofe wants are urgent, fends his m^erchandife, if he have any, to a public auction, or elfe he procures dry goods at a high price, and at five or fix months credit, and has them publicly fold, very often with the lofs of twenty-iivc or thirty per cent.
What to read after Travels Through the United States of North America, the Country of the Iroquois, And Upper Canada, in the Years 1795, 1796, And 1797 : With An Authentic Account of Lower Canada V.4?
You can find similar books in the "Read Also" column, or choose other free books by La Rochefoucauld Liancourt, François Alexandre Frédéric, Duc De, 1747-1827 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
•But it will not do to put too many notes into circulation. Their renewal, too often repeated, might have a bad efîed: upon their credit, which it is important for them not entirely to Icfc.
They then buy bills of exchange upon London at a long THE UNITED STATES, CANADA, &C. 4^9 a long date, and fell them for ready money below par. This is a frequent means of procuring caih.
Sometimes goods are taken upon the longeft credit that can be obtained, and lîiipped for a foreign market ; and, in this ...cafe, the American merchant draws according to his neceffities, the London merchants engaging to accept the con- figner's notes for two- thirds of the amount of the conûgnmcnt, upon tranfmitting to them the bill of lading, and empowering them to make the infurance.
If thefe means fail, the merchant whofe wants are urgent, fends his m^erchandife, if he have any, to a public auction, or elfe he procures dry goods at a high price, and at five or fix months credit, and has them publicly fold, very often with the lofs of twenty-iivc or thirty per cent.
What to read after Travels Through the United States of North America, the Country of the Iroquois, And Upper Canada, in the Years 1795, 1796, And 1797 : With An Authentic Account of Lower Canada V.4?
You can find similar books in the "Read Also" column, or choose other free books by La Rochefoucauld Liancourt, François Alexandre Frédéric, Duc De, 1747-1827 to read onlineMoreLess
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