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Alexandria Daily Gazette, Commercial & Political
Alexandria, Virginia
What is this article about?
Letter from Liverpool reports British government's silence on US Non-Importation Act, anticipates trade restrictions on American ships and produce unless summer accommodation; diplomats Foster and Pinkney awaiting embarkation; American stocks prices in London and insurance premiums noted.
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Extract from a letter dated "Liverpool April 26."
"No communication has been made by the government of this country on the subject of American affairs, since the account of the passing of the Non-Importation Act was received, nor has any retaliating measure been adopted, unless, however, some accommodation between the countries takes place in the course of the present summer, we do not expect the ports of this country will long remain open to American ships and the general produce of the United States. There is at present no hope of the orders in council being repealed, and in anticipation of their being, ere long, some impediment to the direct importation of American produce, it is in general in good demand at rather improving prices. The vessels to carry out Mr. Foster and Mr. Pinkney are still waiting for them; but an account of their embarkation is daily expected. The American 6 per cent. stock sells in London at 105 1-2; the 3 per cent. at 68; and Louisiana 6 per cents. at 106. The premium of Insurance from the United States to this country is 1 guineas per cent Dollars 5s. 11d. per ounce."
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Where did it happen?
Foreign News Details
Primary Location
Liverpool
Event Date
April 26
Key Persons
Outcome
american 6% stock at 105 1/2, 3% at 68, louisiana 6% at 106 in london; insurance premium 1 guinea per cent; expectation of trade impediments and port closures to us ships unless accommodation reached.
Event Details
British government has not responded to US Non-Importation Act or adopted retaliatory measures; ports unlikely to remain open to American ships and produce without summer accommodation; no hope of repealing Orders in Council; American produce in demand at improving prices anticipating import impediments; vessels awaiting diplomats Foster and Pinkney's embarkation.