A history of the Brazil : $b comprising its geography, commerce, colonization, aboriginal inhabitants, &c. &c. &c.Henderson, James
History
A history of the Brazil : $b comprising its geography, commerce, colonization, aboriginal inhabitants, &c. &c. &c.
Henderson, James
Brazil; Brazil -- History -- To 1822
From the universal taste for British manufactures, the Brazil presents
a great and decidedly increasing field for their consumption; and,
although the merchants cannot get rid of the tedious practice in
the judicial proceedings, they may, by a system of caution, in some
instances, avoid it; and they have already adopted the plan of
taking bills from the Portuguese on delivery of goods, which is, at
all events, an acknowledgement of the debt. It is still farther to be
wished that the increasing demand for English goods would determine
the merchants not to part with their commodities under the real value.
Competition is, unfortunately, a great obstacle to any unanimity
amongst them in this respect, otherwise the Brazilians would have no
alternative but to take their merchandise at any fair profitable price
that might be determined upon. At present the importations of British
goods annually to the Brazil may be estimated at near three millions
sterling, one half of which may be computed to arrive at Rio, from
whence returns are made in bills, coffee, sugar, hides, &c. and some
cotton. Orders are sent to Bahia, Pernambuco, and Maranham, to ship
some part of the return, principally in that article, from thence, for
which they send specie, or bills upon the treasuries of those places,
received from the government for stores supplied. At present two or
three English houses at Rio de Janeiro furnish the government with the
great bulk of its military and naval stores; but, at different periods,
demands resulting from this connexion have met with serious delays
in the liquidation, and in cases where the treasury has been under
positive engagements by bills, great inconvenience has been sustained,
and the parties compelled at last to wait personally upon the King, who
has given directions for the payment of those overstanding securities.
Public-domain text, read in full here on John Shaqi.
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