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The New Hampshire Gazette And General Advertiser
Portsmouth, Exeter, Rockingham County, New Hampshire
What is this article about?
Two mercantile houses in Philadelphia, aided by Amsterdam firms, establish warehouses in St. Augustine to supply South America with British woolens, bypassing traditional routes via Cadiz; plan approved by Spanish Government for easier terms and quicker returns.
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Full Text
It is supposed, by this plan established under very certain credits, and approved by the Spanish Government, that the inhabitants of South America can be supplied not only on much easier terms with the manufactures of Great-Britain, but that the returns to the vendor for those articles may be obtained in one half the time.
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Where did it happen?
Domestic News Details
Primary Location
Philadelphia, St. Augustine
Outcome
supplies south america on easier terms with manufactures of great-britain; returns to vendors in one half the time.
Event Details
Two mercantile houses in Philadelphia, aided by others in Amsterdam, have fixed houses in St. Augustine with extensive warehouses to supply parts of South-America with baizes and other woolens, previously sent from England by way of Cadiz to Cathagena, Porto-Bello, and other places; plan established under certain credits and approved by Spanish Government.