London in 1731 by Don Manoel Gonzales
page 143 of 146 (97%)
page 143 of 146 (97%)
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Purchased of the South Sea Company 4,000,000
Annuities at 4 pounds per cent. charged on the duty on coals since Lady Day, 1719. 1,750,000 Ditto, charged on the surplus of the funds for the lottery of 1714 1,250,000 Total due to the Bank of England 10,100,000 (pounds) Give me leave to observe here, that most of the foreign trade of this town is transacted by brokers, of which there are three sorts, viz., 1st, Exchange-brokers, 2ndly, brokers for goods and merchandise, and 3rdly, ship-brokers. The exchange-brokers, who are versed in the course of exchange, furnish the merchant with money or bills, as he has occasion for either. The broker of goods lets the merchant know where he may furnish himself with them, and the settled price; or if he wants to sell, where he may meet with a chapman for his effects. The ship-broker finds ships for the merchant, when he wants to send his goods abroad; or goods for captains and masters of vessels to freight their ships with. If it be demanded what share of foreign trade London hath with respect to the rest of the kingdom; it seems to have a fourth part of the whole, at least if we may judge by the produce of the customs, which are as three to twelve, or thereabouts. |
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