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Foreign News July 2, 1767

The Virginia Gazette

Richmond, Williamsburg, Richmond County, Virginia

What is this article about?

Alderman Beckford leads examination against East India trade monopoly, revealing prospects for opening free trade to British merchants, ending the monopoly, and benefiting government while preventing stock-jobber schemes, as proposed by late Sir John Barnard.

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OCR Quality

98% Excellent

Full Text

The worthy Alderman Beckford, with the spirit of a true patriot and free English merchant, has carried on the examination against monopoly, and such strange things have come out as give us all reason to believe, as well as hope, that the trade to the East Indies will be opened, and a society of free traders will succeed, and put an end to the monopoly, and the proprietors assisted in the same manner as proposed by the late Sir John Barnard. Now therefore is the time for true and free British merchants humbly to petition for a free trade, and to show in what manner the Government and the nation may be thereby benefited, and stock-jobbers, and ruinous South Sea Schemes, prevented.

What sub-type of article is it?

Trade Or Commerce Economic Political

What keywords are associated?

East Indies Trade Monopoly Examination Free Trade Petition Alderman Beckford Sir John Barnard

What entities or persons were involved?

Alderman Beckford Sir John Barnard

Where did it happen?

East Indies

Foreign News Details

Primary Location

East Indies

Key Persons

Alderman Beckford Sir John Barnard

Outcome

prospects for opening trade, ending monopoly, assisting proprietors, benefiting government and nation, preventing stock-jobbers and south sea schemes.

Event Details

Alderman Beckford conducts examination against monopoly, revealing strange things that suggest East Indies trade will open to free traders, succeeding the monopoly and assisting proprietors as proposed by Sir John Barnard. Time for British merchants to petition for free trade, showing benefits to government and nation.

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