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The New Hampshire Gazette And General Advertiser
Portsmouth, Exeter, Rockingham County, New Hampshire
What is this article about?
Letter from St. Maloes dated July 21 reports failure of all brokers in China trade, resulting in English losses of four million piastres; Chinese Emperor orders their arrest and exile to Siberia, and imposes 25% duty on exported cargoes to cover losses.
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Full Text
"We have received distressing news relative to the China trade, which is, that all the brokers there have failed, by which the English alone lose four millions of piastres; but this is not the worst, for these brokers being considerably indebted to the Chinese government, the Emperor has ordered them all to be taken up and sent to Siberia; and to indemnify him for his loss, has surcharged the cargoes exported from his empire with a duty of 25 per cent."
What sub-type of article is it?
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What entities or persons were involved?
Where did it happen?
Foreign News Details
Primary Location
China
Event Date
July 21
Key Persons
Outcome
english lose four millions of piastres; brokers taken up and sent to siberia; 25 per cent duty on exported cargoes
Event Details
All brokers in China have failed, causing significant losses to the English; the brokers, indebted to the Chinese government, are ordered by the Emperor to be arrested and sent to Siberia; to compensate for losses, a 25 per cent duty is imposed on cargoes exported from the empire.