Glimpses of the Past: History of the River St. John, A.D. 1604-1784Raymond, W. O. (William Odber)
History
Glimpses of the Past: History of the River St. John, A.D. 1604-1784
Raymond, W. O. (William Odber)
New Brunswick -- History; Saint John River Valley (Me. and N.B.)
About the close of the year 1775 the Revolutionary war put an end to
all trade with New England and the business of Hazen, Jarvis, Simonds
& White as a company practically ceased. In the course of the dozen
years of their operations, the goods and supplies received at St. John
from Boston and Newburyport amounted in value to at least $100,000.
The partners were not agreed as to the general results of the
business; Mr. Simonds claimed that the receipts had more than repaid
the outlay, while Hazen & Jarvis contended that no money had been made
but that there had probably been a loss.
During the continuance of the business, 72 cargoes of goods and
supplies were sent to St. John, an average of six cargoes per annum.
The value of goods and outfit sent the first season amounted to
L3,891. 16s. 0-1/2d. The value of goods and supplies furnished under
the first business contract, which lasted only three years, was
L6,850. 9s. 10d. Messrs. Blodget, Peaslie and Simonds, jr., then cease
to be concerned in the business and the partners under the second
contract were Hazen, Jarvis, Simonds and White.
As early as the second year of their operations at St. John, Hazen &
Jarvis began to feel the large outlay they had made and wrote, under
date May 23, 1766, to Simonds & White, "We must beg you will do all in
your power to remit us largely this summer. By having such a stock
with you we are much straitened for cash, and we are sometimes obliged
to do our business to a disadvantage."
Not long afterwards Hazen & Jarvis were unfortunate in their
mercantile transactions at Newburyport and this, together with the
loss of some of their vessels, made it necessary for them to take
special care of their interests at St. John, consequently after the
signing of the second business contract William Hazen came frequently
to St. John. Early in 1771 he determined to discontinue business
altogether at Newburyport and remove to St. John with his family.
James White says that it was the wish of both Mr. Simonds and himself
that Mr. Hazen should settle near them, making choice of such
situation as he might deem agreeable to his taste, but that as the
partnership business was drawing to a close the house to be erected
should be built with his own money. Mr. Hazen made his choice of
situation and built his house accordingly.
Public-domain text, read in full here on John Shaqi.
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