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Sign up freeThe Virginia Gazette
Williamsburg, Virginia
What is this article about?
London merchants, suffering from trade disruptions due to British-American colonial disputes including Boston port closure, plan to petition Parliament for indemnification to avoid bankruptcy and preserve trade confidence.
OCR Quality
Full Text
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Where did it happen?
Domestic News Details
Primary Location
London
Event Date
Nov. 21.
Outcome
large body of merchants in london and kingdom facing near-bankruptcy from prevented goods imports and remittances; potential weakening of merchant confidence and detriment to british trade bringing two millions sterling annually to treasury unless indemnified.
Event Details
Large body of London merchants, relying on colonial charters, intend to lay case before House of Commons at next Parliament meeting for indemnification against consequences of disputes, including Boston port shutdown and total trade stagnation among American subjects of Great Britain.