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The National Intelligencer And Washington Advertiser
Washington, District Of Columbia
What is this article about?
In The Hague on August 18, the Dutch legislative body adjourned until October 15 after rejecting the government's proposal to indemnify East India Company proprietors with exclusive Chinese trade rights. A new plan for East India trade organization is expected. A whaling society will be established for operations near the Cape of Good Hope and African coasts, with shares open to locals and strict rules on ships and sales.
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The legislative body have terminated their extraordinary sittings, and will not meet again before the 15th of October. The proposal of government for indemnifying the proprietors of the East-India Company, by the exclusive privilege of the Chinese trade, has been rejected as contrary to the interest of the state.--This affair will be decisively terminated when the government shall have presented to the legislative body its new plan of organization for the East-India trade. According to a new law, a society is to be established, which will have the privilege of fishing for whales in the neighbourhood of the Cape of Good Hope, and on the coasts of Africa, which the Americans and English have done for some time with great success. Every inhabitant of this Republic and of the Cape may have a share in this speculation. The ships destined for the fishery must be fitted out in this country; after the term of two years no vessel but those constructed in our own docks will be employed for this purpose. The whale oil and blubber must be sold in our own towns and sea-ports, before they can be exported to foreign countries.
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Where did it happen?
Foreign News Details
Primary Location
Hague
Event Date
August 18
Outcome
proposal rejected; new east-india trade organization plan forthcoming; whaling society established with exclusive privileges and regulatory requirements.
Event Details
The legislative body terminated extraordinary sittings until October 15. Government's proposal to indemnify East-India Company proprietors via exclusive Chinese trade privilege rejected as contrary to state interest. New plan for East-India trade organization to be presented. New law establishes society for whaling near Cape of Good Hope and African coasts, previously successful for Americans and English; shares open to Republic and Cape inhabitants; ships fitted out locally, after two years only locally constructed vessels; whale oil and blubber sold in local towns and ports before export.