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Page thumbnail for Fowle's New Hampshire Gazette And General Advertiser
Foreign News May 18, 1786

Fowle's New Hampshire Gazette And General Advertiser

Portsmouth, Rockingham County, New Hampshire

What is this article about?

Letters from Lisbon report that 20 chests worth 375,000 livres tournois have been recovered from the sunken ship St. Pedro off Alcantara. Divers from various countries are retrieving the rest to avert bankruptcy in Portugal and London similar to 1756.

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OCR Quality

98% Excellent

Full Text

Letters from Lisbon say that 20 chests have already been taken out of the sea. These chests were sunk with St. Pedro, off Alcantara, and contain each 2500 piastres, being 15,000 livres tournois, which, in all, amount to 375,000 livres tournois. It is expected that the others will be got up, by the means of twelve remarkable divers, who are exerting themselves to save so much riches from the womb of the sea. Four of the divers are from Biscay, three Portuguese, three Germans, and two Englishmen. It would be fatal to many capital houses in Portugal and London, if these 50 millions were lost, as before the end of the present year a bankruptcy, nearly equal to that which took place in 1756, would be necessarily the consequence.

What sub-type of article is it?

Economic Trade Or Commerce

What keywords are associated?

Sunken Ship St Pedro Treasure Recovery Divers Piastres Portugal London Bankruptcy

Where did it happen?

Alcantara

Foreign News Details

Primary Location

Alcantara

Outcome

20 chests recovered containing 375,000 livres tournois; expectation to retrieve the rest to prevent bankruptcy in portugal and london

Event Details

20 chests sunk with St. Pedro off Alcantara have been recovered from the sea, each containing 2500 piastres or 15,000 livres tournois. Twelve divers (four from Biscay, three Portuguese, three Germans, two Englishmen) are working to retrieve the remaining riches to avoid a major bankruptcy.

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