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The New Hampshire Gazette And Historical Chronicle
Portsmouth, Greenland, Rockingham County, New Hampshire
What is this article about?
London, August 3: The Duke of Choiseul is reportedly planning the conquest of Holland to seize its naval stores and shipping, while forcing Britain into annual tribute of 1,300,000l. by leveraging Dutch-held British debt; however, this may inadvertently relieve Britain of that debt.
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AUGUST 3. The Duke of Choiseul has long meditated the compleat conquest of Holland. as by that means France will not only avail herself of the immense naval stores and shipping of that once flourishing republic; but will also make Great-Britain become an annual tributary power to France to the yearly amount of 1,300,000l. the sum being nearly the interest annually paid to the Dutch for the principal money in our funds. But perhaps the Duke of Choiseul may find himself mistaken in the latter part of his favourite plan, and probably may hasten the sponging off so much of the debt of Great-Britain.
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Where did it happen?
Foreign News Details
Primary Location
Holland
Event Date
August 3
Key Persons
Outcome
france would gain naval stores and shipping from holland and impose 1,300,000l. annual tribute on britain via dutch-held debt; plan may backfire by relieving britain of the debt.
Event Details
The Duke of Choiseul has long meditated the compleat conquest of Holland to avail France of its naval stores and shipping, and to make Great-Britain an annual tributary to France for 1,300,000l., the interest paid to the Dutch on principal in British funds. However, this may hasten the sponging off of that British debt.