Tea Leaves: Being a Collection of Letters and Documents relating to; the shipment of Tea to the American Colonies in the year; 1773, by the East India Tea Company. (With an introduction,; notes, and biographical notices of the Boston Tea Party)Drake, Francis S. (Francis Samuel)
History
Tea Leaves: Being a Collection of Letters and Documents relating to; the shipment of Tea to the American Colonies in the year; 1773, by the East India Tea Company. (With an introduction,; notes, and biographical notices of the Boston Tea Party)
Drake, Francis S. (Francis Samuel)
Boston Tea Party, 1773; Tea tax (American colonies)
_Application of those Net proceeds to the following purposes:_
To the revenue for the duty on 3,264,000, @ 3d. L40,800
To the ship owners, for freight from England to
America, if according to the present rate of
15 pr chest, 7,200
To the ship owners for freight from China to
England, according to Sir Richard Hotham's
plan, of L21 pr ton, of 10 hundred weight, or
for every 3 chests of tea, 67,200
To the purchase at Canton, if at 15 tale pr pecul
would amount thus: say 3,264,000 lb., divided
by 133-1/3 for each pecul, makes peculs 24,480
@ 15 each, is tales 367,200, which, at 6s. 8d. pr
tale, is sterling, 122,400
Commission on the purchase in China, 6,120
Charges of all sorts, rated at 10s. pr chest, 4,600
------
248,320
To the Company for Net profit after all deductions}
whatsoever upon the most reduced } 39,320
estimate, upwards of 30 pr cent. on the purchase, }
or
------
L287,640
No. 2.
LETTER FROM MR. GILBERT BARKLY.
Gentlemen:
I take the liberty to enclose for your consideration a
memorial, regarding the establishment of a branch from the
East India house in one of the principal cities in North
America. Should the design meet with your approbation, as I
am well acquainted with the teas most saleable in that
country, shall be extremely happy in giving you every
information in my power, I have the honor to be with due
esteem, gentlemen,
Your most obedt. & very humble servant,
GILB'T BARKLY.
Lombard Street,
26th May, 1773.
TO THE HON'BLE THE COURT OF DIRECTORS OF THE EAST INDIA
COMPANY.
MEMORIAL.
_The Memorial of Gilbert Barkly, merchant, in Philadelphia,
in North America, who resided there upwards of sixteen
years, and who is well acquainted with the consumption of
that country, particularly in the article of Teas, &c._
Humbly proposes. In order to put a final stop to that
destructive trade of smuggling:
That the Company should open a chamber in one of the
principal, & central cities, of North America, under the
direction of managers, and that an assortment of teas from
England should be lodged in warehouses, and sales to
commence quarterly upon the same terms & conditions as those
in London.
Public-domain text, read in full here on John Shaqi.
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