The Journal of Negro History, Volume 2, 1917Various
History
The Journal of Negro History, Volume 2, 1917
Various
African Americans -- Periodicals
This law appears to me a very prudent one; with some mitigation
it might be of service, even in our countries. I should very much
approve, that all citizens invested with honourable functions,
either at court, in the army, in the church, or in the
magistracy, should be suspended whenever they should be legally
sued by a creditor, and that they should be unremittingly
deprived of their rank whenever they should be declared insolvent
by the tribunals. It appears to me that money would then be lent
with more confidence, and borrowed with greater circumspection.
Another advantage which would accrue from such a regulation,
would be, that the subaltern orders of men, who imitate the
customs and the prejudices of the higher class of citizens, would
soon be apprehensive of incurring the same disgrace; and that
fidelity in engagements would become one of the characteristic of
the national manners.
The annual productions of the Danish islands are reduced to a
small quantity of coffee, to a great deal of cotton, to seventeen
or eighteen millions weight of raw sugar, and to a proportionate
quantity of rum. Part of these commodities are delivered to the
English, who are proprietors of the best plantations, and in
possession of the slave trade. We have before us at present, very
authentic accounts, which prove that from 1756 to 1773, that
nation hath sold in the Danish settlements of the New World, to
the amount of 2,307,686 livres 11 sols (96,153l. 125.1-1/2d.).
and carried off to the value of 3,197,047 livres 5 sols 6 deniers
(133,210l. 6s. 0-3/4d.). North America receives likewise some of
these productions in exchange for its cattle, for its wood, and
for its flour. The remainder is conveyed to the mother-country
upon forty ships of one hundred, and from that to four hundred
tons burden. The greatest part is consumed in Denmark, and there
is scarcely sold in Germany, or in the Baltic, for more than the
value of one million of livres (41,661l. 13s. 4d.).
The lands susceptible of cultivation in the Danish islands are
not all tilled, and those which are, might be improved. According
to the opinion of the best-in-formed men, the produce of these
possessions might easily be increased by one third, or perhaps by
one half.
One great obstacle to this increase of riches, is the extremely
narrow circumstances of the colonists. They owe 4,500,000 livres
(187,500l.) to the government, 1,200,000 livres (50,000l.) to the
trade of the mother-country, and 26,630,170 livres (1,109,590l.
8s. 4d.) to the Dutch, who, from the immensity of their capitals,
and the impossibility of employing them all themselves,
necessarily become the creditors of all nations.
Public-domain text, read in full here on John Shaqi.
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