When was it published?

October 19, 1770 in The New Hampshire Gazette And Historical Chronicle

Domestic News October 19, 1770

The New Hampshire Gazette And Historical Chronicle

Q: What keywords are associated?

Portugal Gold, Colonial Trade, Corn Exports, American Merchants, Bills Of Exchange

Portsmouth, Greenland, Rockingham County, New Hampshire

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What is this article about?

Portugal gold formerly circulating in England has transferred to the American colonies, where Americans now dominate the corn trade supplying England. Exports of wheat, flour, and Indian corn from three provinces reached 100,000l. in two years. American merchants hold thousands of pounds with London correspondents, earning 8-10% on bills of exchange.

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OCR Quality

100% Excellent

Full Text

It is an alarming truth, that the Portugal gold that used to circulate in this country, is now transferred to our Colonies, and that the trade for corn, which used to supply England with the coin of that country, is now wholly carried on by the Americans. It is said they have exported within these two years, wheat, flour, and Indian corn, from three provinces only, to the amount of 100,000l. and that many of the merchants of that country are so rich, as to have thousands of pounds in the hands of their correspondents in London, by which they make 8 or 10 per cent, in bills of exchange.

What sub-type of article is it?

Economic Agriculture

What keywords are associated?

Portugal Gold Colonial Trade Corn Exports American Merchants Bills Of Exchange

Where did it happen?

American Colonies

Domestic News Details

Primary Location

American Colonies

Event Date

Within These Two Years

Event Details

Portugal gold that used to circulate in this country is now transferred to our Colonies, and the trade for corn which used to supply England with the coin of that country is now wholly carried on by the Americans. They have exported within these two years, wheat, flour, and Indian corn, from three provinces only, to the amount of 100,000l. Many of the merchants of that country are so rich as to have thousands of pounds in the hands of their correspondents in London, by which they make 8 or 10 per cent in bills of exchange.