Gregg's Commerce of the Prairies, 1831-1839, part 2Gregg, Josiah
History
Gregg's Commerce of the Prairies, 1831-1839, part 2
Gregg, Josiah
Mexico -- Description and travel; Santa Fe National Historic Trail; Southwest, New -- Description and travel
Some of the traders who go out in the spring, return the ensuing fall,
because they have the good fortune to sell off their stock promptly
and to advantage: others are compelled to return in the fall to save
their credit; nay, to preserve their homes, which, especially in the
earlier periods, have sometimes been mortgaged to secure the payment
of the merchandise they carried out with them. In such cases, their
goods were not unfrequently sold at great sacrifice, to avoid the
penalties which the breaking of their engagements at home {307} would
involve. New adventurers, too, are apt to become discouraged with an
unanticipated dullness of times, and not unfrequently sell off at
wholesale for the best price they can get, though often at a serious
loss. But those who are regularly engaged in this trade usually
calculate upon employing a season--perhaps a year, in closing an
enterprise--in selling off their goods and making their returns.
The wagons of the return caravans are generally but lightly laden: one
to two thousand pounds constitute the regular return cargo for a
single wagon; for not only are the teams unable to haul heavy loads,
on account of the decay of pasturage at this season, but the
approaching winter compels the traders to travel in greater haste; so
that this trip is usually made in about forty days. The amount of
freight, too, from that direction is comparatively small. The
remittances, as has already been mentioned, are chiefly in specie, or
gold and silver bullion. The gold is mostly _dust_, from the Placer or
gold mine near Santa Fé:[57] [Pg089] the silver bullion is all from
the mines of the South--chiefly from those of Chihuahua. To these
returns may be added a considerable number of mules and asses--some
buffalo rugs, furs, and wool,--which last barely pays a return freight
for the wagons that would otherwise be empty. Coarse Mexican blankets,
which may be obtained in exchange for merchandise, have been sold in
small quantities to advantage on our border.
{308} On the 4th of April, 1838, we departed from Santa Fé. Our little
party was found to consist of twenty-three Americans, with twelve
Mexican servants. We had seven wagons, one dearborn, and two small
field-pieces, besides a large assortment of small-arms. The principal
proprietors carried between them about $150,000 in specie and bullion,
being for the most part the proceeds of the previous year's adventure.
Public-domain text, read in full here on John Shaqi.
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