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Foreign News
April 9, 1778
The Newport Gazette
Newport, Newport County, Rhode Island
What is this article about?
Rumor of a French war prompted insurance policies in the city after reports of a French man-of-war capturing a British West Indiaman, but it was actually an American ship hoisting French colors, nullifying the insurance gains if war is declared.
Clipping
OCR Quality
98%
Excellent
Full Text
The idea of a French war, which instantly began policies of insurance in the city the beginning of this week, was owing to the report of a French man of war having taken one of our West Indiamen. This we hear has since turned out to be only an American ship which hoisted French colours; so that those who gave immediate premiums to receive so large money, if a French war should be declared in three months, will at least not have the chance of winning, which that report would give them, had it been true.
What sub-type of article is it?
War Report
Naval Affairs
Trade Or Commerce
What keywords are associated?
French War Rumor
West Indiaman Capture
American Ship
French Colors
Insurance Premiums
Where did it happen?
West Indies
Foreign News Details
Primary Location
West Indies
Event Date
Beginning Of This Week
Outcome
report proven false; no french war capture, insurance premiums offered large payouts if war declared in three months but now without winning chance.
Event Details
Idea of French war caused insurance policies to begin in the city due to report of French man-of-war taking a British West Indiaman; later revealed as American ship with French colors.