Bradford's history of the Plymouth settlement, 1608-1650: Rendered into modern English by Harold PagetBradford, William
History
Bradford's history of the Plymouth settlement, 1608-1650: Rendered into modern English by Harold Paget
Bradford, William
Massachusetts -- History -- New Plymouth, 1620-1691; Pilgrims (New Plymouth Colony) -- Early works to 1800
Concerning Mr. Allerton’s accounts, they were so lengthy and
intricate that they could not understand them, much less correct
them, and it was two or three years before they could unravel them
even imperfectly. I know not why, but he took upon himself to keep
all the accounts, though Mr. Sherley, their agent, was to buy and
sell all their goods, and did so usually; but it was Mr. Allerton
who passed in accounts for all disbursements,—goods bought which he
never saw, the expenses for the Leyden people incurred by others in
his absence, for the patents, etc.,—in connection with all of which
he made it appear that the balance owing to him was over £300, and
demanded payment. However, on examination he was found to be over
£2000 debtor to them, besides I know not how much that could never
be cleared up, interest unaccounted, etc. Then they were obliged
to pass bills for expenses that were intolerable. The fees for the
patent came to above £500—all for nothing; £30 given at a clap,
and £50 spent on a journey, etc. No wonder Mr. Sherley said that
if their business had been better managed they might have been the
richest English colony at that time. He even screwed up his poor old
father-in-law’s account to above £200, when, alas! he, poor man,
never dreamed that what he had received could be near that value,
believing that many of the things brought over had been given by Mr.
Allerton as presents to him and his children. Nor did they come to
nearly that value in fact, the prices being inflated by interest.
This year Mr. Sherley, too, sent over a cash account, showing what
Mr. Allerton had received from them and disbursed, for which he
referred to his accounts; besides an account of beaver sold, which
Mr. Winslow and others had taken over, and a large supply of goods
which Mr. Winslow had brought back, and all the disbursements for the
Friendship and White Angel, and anything else he could charge the
partners with. In these accounts of Mr. Sherley’s some things were
obscure and some twice charged. They made them debtor to the total
amount of £4770-19-2, besides £1000 still due for the purchase yet
unpaid, and notwithstanding all the beaver and goods that both Ashley
and they had shipped over.
Into such huge sums had Mr. Allerton run them in two years, for at
the end of 1628 all their debts did not much exceed £400, as will be
remembered; now they amounted to as many thousands! In 1629, when Mr.
Sherley and Mr. Hatherley were at Bristol, they wrote a long letter
in which they gave an account of the debts and the sums that had been
disbursed; but Mr. Allerton begged and entreated them to omit it.
So they blotted out two lines in which the sums were mentioned, and
wrote over them so that not a word could be read, to which they have
since confessed. They were thus kept hoodwinked, until now they found
themselves deeply in debt.
Public-domain text, read in full here on John Shaqi.
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