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Alexandria, Virginia
What is this article about?
Letter from Bordeaux reports no favorable measures for US commerce despite American government stance. US vessels liberated after detention but must export two-thirds in French silks, facing losses from inferior Georgia cotton mislabeled as Louisiana. Duties not reduced, halting trade; manufacturers stalled; West-India import licenses suspended.
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Extract of a letter from one of the most respectable commercial houses in Bordeaux, to another in this city—dated Bordeaux, June 9, 1811.
Notwithstanding the position the American government has lately taken, no general measure has been adopted favorable to the commerce of the United States. The few vessels, with their cargoes, that have been here these four months past, were lately liberated by a special decree, on condition of exporting the proceeds in the products of this country, whereof two thirds in silks; but what with the enormous disbursements occasioned by long detention, little will be left. The chief part of the cargoes consists of cotton, say Georgia, repacked in square bales, under the denomination of Louisiana, but of the most inferior quality we have seen here for many years—an unfortunate circumstance for the shipping, as it will make a difference to them of from 10 to 15 francs per quintal, and occasion a great delay in sales, which cannot be easily effected while good qualities are to be procured. The people of this country are perfect judges of the quality of goods—scrutinize them in the strictest manner, and give a price in proportion; therefore every thing should be of tip-top quality, more particularly under the present heavy freights, insurances and duties.
It has been reported, for some time past, that the duties on American produce would be reduced—but not for the present, for fear of injuring those who have large parcels on hand, at high prices. Until, however, this does take place, the American commerce must cease with this country, as a heavy loss must now attend every expedition.
The manufacturers are now at a total stand: not being able to dispose of their goods; the raw materials are, of course, without demand. How long this state of things will last is a question difficult to be solved.
The granting American licenses for the importation of West-India produce, is suspended for the present.
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Foreign News Details
Primary Location
Bordeaux
Event Date
June 9, 1811
Outcome
vessels and cargoes liberated by special decree on condition of exporting proceeds in french products (two-thirds silks); heavy losses from detention, inferior cotton quality causing 10-15 francs per quintal difference and sales delays; duties not reduced, leading to cessation of american commerce; manufacturers at standstill; american licenses for west-india produce imports suspended.
Event Details
No general measures adopted favorable to US commerce despite recent American government position. Few US vessels detained four months liberated conditionally, exporting in French products including two-thirds silks, but with significant losses from detention. Cargoes mainly inferior Georgia cotton repacked as Louisiana, leading to lower prices and delays. Duties on American produce not reduced to avoid injuring holders of high-priced stock, causing heavy losses and commerce halt. Manufacturers unable to sell goods, raw materials without demand. American licenses for West-India produce imports suspended.