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The Virginia Gazette
Richmond, Williamsburg, Richmond County, Virginia
What is this article about?
A colonial letter warns against a proposal to sell tobacco directly to French farmers, arguing that due to weight differences between local and London measurements and historical prices, planters would suffer losses compared to selling via London markets.
Merged-components note: The tables contain the calculation referenced in the letter text about the tobacco proposal, and their bounding boxes overlap spatially with the letter's content area, indicating they are part of the same component.
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Your constant Customer.
By comparing the Net Weight of Tobacco in London, with the Weight of the same Tobacco, as it has been weighed here by Scales, and not by the deceitful Standard of Steelyards, it will clearly appear, that a Hogshead of Tobacco that weighs in the Country 1000 lbs. clear of the Cask, will actually go to Sale clear of Tare and all Deductions at 843: And that a Hogshead weighing 1000 lbs. here, will go to Sale at 937. Upon this Plan then, the Truth of which I am able to demonstrate, the following Calculation is submitted to the Consideration of the Reader.
In the above Calculation it is taken for granted, that the French who have always had our ordinary Tobacco, have never or very rarely got it under 2d per lb. and 'tis very well known that they have oftener given more than 2d: Hence 'tis plain, at first View, that as they now propose to get better Tobacco than they have been accustomed to buy at London, that we should be great Losers, by closing with the Proposal; for I can by no Means admit, that it is in the Power of the French, without Regard to the Quantity of Tobacco imported into Great-Britain, to have it at what Price they please; notwithstanding the contrary is a Position industriously spread abroad here by Gentlemen who favour this Scheme.
| 1000 lbs. Tobacco on the French Proposal, will clear |
| The Planter loses by not Selling to the French | 1. | 5. | 2. |
| The Planter loses by selling to Ditto loses by loses by loses by loses by loses |
| The Planter loses by not Selling to the French | 1. | 5. | 8. |
| The Planter loses by selling to Ditto loses by loses by loses by by by by |
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Letter to Editor Details
Author
Your Constant Customer
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The Printer
Main Argument
planters would incur significant losses by selling tobacco directly to french farmers due to discrepancies in weight measurements between local scales and london standards, combined with historical french purchase prices above 2d per lb., making the proposal disadvantageous compared to the london market.
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