Annals of Commerce, Manufactures Fisheries and Navigation (Etc.)

Annals of Commerce, Manufactures Fisheries and Navigation (Etc.)

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1805 edition. Excerpt: ...the debts were-diminished---E593z129 and the asscts were increased----559z553 (heimprovement-at home in-the court-xe.of the year being--1,257,792 Of the sum total of-the increase-----3:370'.-557 there proceeded from the-creation of new capital stock---if-.O0Oz000 and from cargoes arrived from India since making up the stock accounts-207,108 7 08--L 2,2o,1 Soxxzrrec-Stremaineji a net improvement in-the company's affairs since last; Jg1,669,749 ' For this account I am indebted to Mr. Chal-of the country the principal relief was granted. mers, who gives it as only lhowing to what parts Efl.'mat:, p. lvii, ed. 1794. Mr. Dunda's, in describing the flourishing condition of the British pofiizslions in India, observed, that the only European power that could rival us on the continent of India was annihilated, and the only native power that could disturb us, humbled. He noticed the permanent security derived from the certain tenure of possessing lands, the increase, by various means, of the quantity of circulating specie, and the great increase of the prosperity and population of the country in consequence of the regulation of the courts of justice by Lord Cornwallis. At home, he said, the last year's sales would have been much larger, but for the embarrassed state of commercial credit: but notwithstanding that deficiency, which an increased demand this year would necessarily compensate, and the additional charges of the war, the company had been enabled to pay off above half a million of their debt at home;, and there was every reason to believe, that their aflairs were in a progreslive state of increasing prosperity. For some time after the Europeans began to resort to China, mahy of the ports of that empire, perhaps all of them, were equally open more

Product details

  • Paperback | 212 pages
  • 189 x 246 x 11mm | 386g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236510666
  • 9781236510662