A. D. 1795. 



3% 



wet docks at Wapping, conneded by a canal with the river at Black- 

 wall, and furrounded by wharfs, to be declared legal by ad of parlia- 

 ment, and to be furnifhed with fecure and fpacious warehoufes. Being 

 fatisfied, from furveys made by able engineers, that the execution of 

 their plan was pradicable, they recommended an application to parlia- 

 ment for fandion and incorporation, and a fubfcription for a capital 

 wherewith to carry on the work ; which, to the amount of ^800,000, 

 was filled up on the 22<i and 23*^ of December 1795. 



December 31" — The diredors of the bank of England made a refol- 

 ution to diminifh the amount of their difcounts. But they did not in 

 fad reduce them lower in the enfuing year than they were in the year 

 1795, though they were far fliort of the extent of accommodation re- 

 quired by the merchants of the metropolis. 



It would be improper to negled obferving, that a new method of 

 book keeping by fingle or double entry, in which it is faid to be im- 

 poilible, that the mofl trifling error can efcape notice, was this year 

 offered to the attention of the mercantile world by Mr. Jones. Several 

 merchants and accountants, however, exprefled their difapprobation of 

 Mr. Jones's method, which was moreover attacked by a number of 

 authors on book keeping, who vindicated the old eilabliflied Italian 

 fyftem. The contell may perhaps be produdive of fome improvement 

 in that mofl important mercantile fcience. 



The corporation of the city of London this year beflowed the fum of 

 j^40o in bounties to fuch fifherraen as would fell haddocks and cod at 

 two pence per pound in Billingfgate market. 



The following is the official flatement of the commerce of Peterfburg 

 during this year. 



By merchants of 



Russia 



Great Britain . . . 



Austria 



Portugal 



Spain 



France 



Denmark 



Lubeck 



Italy 



Mecklenburg. . . 



Holland 



Hamburgh .... 



Sweden 



Switzerland .... 

 sundry nations . . 

 captains of vessel; 



Totals 



