320 A. D. 1760. 



' way of a national bank, to fecure popular credit and the kingdom 

 ' from the various alarming fhocks it is i"o frequently incident to, on ac- 

 * count of the failure of particular or private banks.' 



From Ireland we have farther received the following difagreeable ac- 

 counts, from a judicious private hand, viz. 



Since the year 1757 the exportation of their linens has been gradu- 

 ally leflening, and the following is its ftate for two years part, viz. 

 Linens of all forts exported for one year, ended at lady-day 1759, 



14,093,431 yards, which valued, at a medium, at 161^/ 

 per yard, comes to - 1.939,562 i 4 

 Ditto in 1760, 13,375,456^ yards, valued at ditto 



per yard, - 891,697 i 8 



717,9741 yards, decreafed. Va- 

 lued at ditto, - L47,864 19 8 



Poflibly the annual increafe of the linen manufadure of Scotland 

 may partly, if not entirely, account for this decreafe in Ireland. 



The quantity of Irifh linens fo exported is exclufive of what is con- 

 fumed within that kingdom. And the quantity of linen yarn annually 

 exported to Great Britain is nearly equal in value to the yarn that is 

 wove into the exported linens. 



The fupplies, granted by the parliament of Great Britain for the fer- 

 vice of the year 1760. amounted to the vaft fum of Li 5,503,564 : 15 : 9^. 



In the former part of this year (1760) the Dutch Eaft-India company 

 divided 15 per cent among their proprietors, for the preceding year's 

 dividend. And as that company's capital flock ufually fold at from 397 

 per cent to 410, we will iuppofe 400 per cent to be the mean price, for 

 the fake of a round number, then the purchafers at this time made 3I 

 per cent of their money, which, confidering the flucftuating ftate ot fuch, 

 trading focieties, proceeding from various lolTes, &c. is far from an al- 

 luring dividend. 



In this fame year we were informed, that the Dutch Weft-India com- 

 pany divided 2^ per cent for one year paft, their long decayed ftock 

 ufually felling at from 32 to 33 per cent. Thefe dividends being dnely 

 confidered, we are not to think it ftrange that the monied people of 

 Holland are fo deeply concerned in the Britiih national funds, even 

 though at the low intereft of 3 per cent, as the intereft is fo certainly 

 and pundually paid, without any rifk or expenfe, except the fluctuation 

 of the market prices of the funds, and the commiflion to their agents 

 here *. 



The high prices of fpiritous liquors manufactured in Great Britain, 

 wifely occafioned by fome late ftatutes, having greatly leflened the con- 



• Accurdlnj^ to ail nccount of ttic prices during nine rr.nnths of this year, which I have received 

 from HoUanJ, Eaft-India ftock was fium 382 to 413 ; and Weft-India ftock from zyi, to 33^. ^. 



