A. D. 1749. 269 



court of Madrid upon the commercial difference between the two na- 

 tions, our London merchants who traded to Cadiz handed about a ma- 

 nufcript paper, tending to prove, that the trade by the South-fea com- 

 pany's annual fliip directly to the SpaniOi Weft-Indies was not fo bene- 

 ficial to the Britilh nation in general, as the former method offending 

 goods diret^tly to Cadiz, and thence with the regifter-fhips to the Spanifli 

 Weft-Indies. 



That paper fuppofcs the whole outfet, ftiip and all, of 

 a fhip of 600 tons, with her cargo, from Cadiz to La Vera Dollars. 

 Cruz, to amount to - - - 346,903 



And the net returns from La Vera Cruz, deduding com- 

 miflion, indultos, &c. to be - - 7i7.i34-t 



Dedud the outfet - - • 346,903 



And there remains the profit - 370.2317 



Being near 107 per cent. But, if inlurances be dedueT:ed for thofe who 

 would not run the rifk of the fea, and which in time of peace would 

 not exceed 12 per cent, then the remaining profit would be 95 per cent. 

 But the chief advantage in this affair is fuppofed to arife from having 

 both the fliip and the king's licence one's own. For, fays this author, 

 befides the confiderable freights which fuch Ihips make, tliere are very- 

 great profits made by the privileged goods embarked thereon. 



Next, we have the particular afTortments of fuch a cargo, with the 

 feveral countries they arc had from, viz. 



Purchai'ed chiefly at Cadiz, though not all Spaniih mer- 

 chandize, iron, wrought and unwrought, fteel, wax, (which 

 muft be whitened at Cadiz) Genoa paper, Brabant linen, 

 Dutch knives, wines, brandy, and fundry ordinary ftowage- Dollars, 

 goods, amounting in all to - - 46,300 



Britifli manufactures, viz. long-ells of various colours, 

 fays, fhalloons, hair and vvorfted camblets, bays, Spaniih 

 cloths, worfted ftockings, hats, and hardware ; in all - 115,500 



From Flanders, 'ftamins, coarfe lays, buratos, laniparillas, 

 Brabant linen bleached, and Tournay ditto unbleached 15,800 



From France ; Britannias broad and narrow, Rouen 

 Hncn bleached, Dowlas, Morlai.v linen, cambrics and lawns, 

 amounting to - - - 49,350 



From Germany ; Silcfia and Hamburgh linens, lawns, 

 and fundry other forts of linen, thread, calimancoes, &c. 22,200 



From Spain, viz. Genoa women's ftockings, .Sp.milh double 

 talVety of various colours, and Spaniih vehxis 21,000 



Total amount of the cargo in dollai-s - 270,150 



