Republican ledger, and Portsmouth price current — Portsmouth, N.H., 1803-07-19 00:00:00, page 1

FOREIGN BILLS.
Bills on London : 30 days, : (For Cafo) 3I a 4 per cent >dv.
do. do. : : : Co days, : : do. : 2|fl 3 do. do.
, do. do. : f : 90 days, : : do. : i|a2 do.
Trills on Hamburg, payable in London, at 60 days, : : par
do. on A^ferb n, payable in do. 60 days, : : 1 pr. cent. adv.
Current fences of per from . so
D. Z. D. c
ASHES, Pot, ^i^, T. 150 0 0 0
, Pearl -- 150 c 0 0
A^& £. 7 0 750
Anchors',, #>. on '? °
Bread, Ship C - 4 0 6 0
Bter 1b 0 U ,° T 4
,-,M e f3 , S. 14 50 ^5 0
,Cargo No.!, — 13 0 >3 50
. No. 2, — iz 0 12 50
§ (Refufe 7 5°
Beans, white ~ bn. 1 0 I 10
Brandy, Spanilb 4th,r. G. 145 1 5 u
", Naples 4th, r. -- r 25 133
Barley b u. 092 p 95
Erimltone, C. 4 0 4 5°
Brimstone, Roll C. 4 50 f 0
Corn, Indian — 0 75 c °'
Rye — o*3 o ^7
Cassia lb 05° OV°
Cloves '-- 1 3.3 1 %
Coffee —. °26 0
Cheese, American -- 0 7 0 p
Cotton,foreign farce -- 033 0 4p
, American — ,% ° ° 2 5
Cordage, American C. 14 50 15 °
, Foreign, f 12 0 12 50
Chocolate, common ft ) 620 0 0
, belt N,.2&1 -- 028 033
Candles, mould — 017 0 0
, dipt . — 013 0 ! 4
Coals, foreign Ch. 12 0 13 °
, American, — 17 0 0 0
Copperas, C. 350 • 4 0
Cloth, Tow yd. 046 017
Though very considerable, the population of
France is very far from having reached the term
which rendes colonies necessary : Her foil, clim
ate anil Vice,{ lituatiph give her, as a commercial,
and efpwally @W, a panufattyrmg ,^,, great
advantage, over all the nations of Europe. , The
foirit of tWention, the flare and i industry °u its
ffiabitanu, place her in ^tfrft rank. But thole
tidtantages are wonderfullMbridged by the want
of Capitals fuffieient to make life of them. Arn at
nation cfreatlv inferior in every one of tnefe par
ticulars ha^ by the effect alone of an immerse
capital; obtained the fiiperinrjty, not only in com
jnerce but alio in mandfaftures ; and these advafr
tages, by increasing the national fortune, turnith
it with the means of maintaining that vet, fnper
c/pitab increafe.tiie number of milnpfaQures,
by the introduction of machines, by the regular
payment of workmen, by the reduction °f the
mtereft of mbney, and especially by the pofleffion
of new markets , ..
None but rich individuals can undertake th< f
flow and expensive Speculations, which often give
the ftfperiority to a manufacture. A poor mer
thant'cannot undertake long voyages, returns
from which.are flow ,- they are referred for the
wealthy, who can give credits long enough to
tempt foreign nations to give his articles thepref
ere&'over those of alter rations, which exped
a quick return for &Irs. The want of capitals
folfoce, is fuchjhat no manufacturer has at his
command a quantity of articles Sufficient to answer
the demands / and copfequently no foreigner can
be fare to obtain from his French correspondent
wherewith to mate his returns without retarding
his vessel in port,or,at least without being obliged
&#O^^#^
MEMORIAL
THIS QUESTION, WHETHER IT BE AD
VANTAgkOUS FOK FANCE IOIAKE
POSSESSION OF LOUISIANA ?
“ Presented to the French Government by Mr.
LivINGSruN, the American Minister at Paris.'
HHP!^ ibe^on frefents itfelf in two points of
I v^w ;—Firtt, in the relation of commerce
mmufadure- : Secondly, in those of the pos
itive or relative force of France. ..!
Colonies do not excite interest for their own
fate bet cn?y as refpefts the influence they may
foe on a nation; a as.one,man,alone is more
bfeful b, remaining at home, thantwo by remov
ing at a diHance, a wife nation does seek to col
onize, until the has 4 fup f rabundpnce of population
which foe cannot ufefolly employ in any other
Republican Ledger,
PORTSMOUTH PRICE CURRENT.
—I ;-— or 1 ee , 4X_.}Q ^^^^^""""''"""""""'""■"■"""""■■■"■■■■"■■■"■■■tetas^tt:
PORTSMOUTH, (NEW-HAMPSHIRE). PRINTED RY S. OF THR LAWS QF THE UNITED STM=°
NUMBER CT vol. IV.]'VUE^ = [I DOL. 50 CTS. PER ANNUM.
Louisiana.
men 2<m sail ^ ta^ relate fol rs t ^ a s^ „, Qh* eneit tt a% %fa fc Q in mflfee.
I Current prices of per from to
D. C. D. C.
Duck, Russia, rfqua!. Bt. 20 0 22 0
Duck, Ravens — 10 50 11 50
Flaxseed, rough bu. 1 0 0 0
Fish, Merchant,#^ C. 450 5 0
,W. India mark. -- 350 3/5
Scale — 2 75 3 0
Salmon none B. 10 0 0 0
Mackerel — 8 0 85©
Flour, super. frefh -- 8 0 850
, fine —7 0 75"
, middlings .-^ 60 0 0
~ , country C. ^3 50 335
Fuftick ,„ -T. 35 0 0 ©1
./ Bristol cr.iofy 8, bx. 15 0 'll
^) 9by7? - 1 3 0 135^1
Bby 6, -- 10'50 11
^/ Hamburg ioby 8, -- 11 0 11 50;
, 7by?, -- V 0 ^ £ 5c
Gun Powder,, t ffi 04^ 04:
Geneva, Holland 0 p r G. 110 115
- 0 8 300
Hoops; hhd. 12 ft: M. 20 3 0 0
Hogs Lard ,ftt? H ? *3
Iron, Philadelphia T. 1:$ 0 lio 0
, ituffia --Ito 0 112 0
, Swedes X" 112 ° "$ °
Logwood,, , t ; T. 49 Q 45 0
Lead, white, gr. in oil C. 18 9 ,0 0
0 dry -, 16 6 1% 0
, red --ii 0 12 0
, sheet , , , ± 13 0 °°
Lumber, boards clear M. 16 0 17 0
, , merch. — 9 0 10 0
or quality, picked up in a number qf defferent
manufactories, so that it he commits any fraud, no
one can be charged with it. This renders the
character of a manufacturer of very little impor
tance in the eyes of a French workman.
Hence when a foreign vessel, especially if own
ed at a great diflance, fells her cargo in France,
she is ordered to take nothing but wipes or bran
dies, because they are the only articles which he
owner is sure to procure in fufficient quantities,
in th? fixed time.
In England, on the contrary, he will find all
forts of goods in one hour, from one manufacture,
the reputation of which would ftiffer if the whole
supply were not of the fame quality with the fam
plc. This consideration will eveq,induce a for
eigner to apply to an English, in preference to a
French merchant, for a purenafe of goods of the
fame,kind. Hence cargoes are fold in France and
the proceeds carried to England, there to be fold
for articles which France might supply, if her
manufactures were rich enough to answer fever;
demandrin a fhpr( time, without compelling the
purchaser to have recourse to a great number of
manufa&ures. . for :
; This inconvenience, can only be removed by in
creasing the capitals of manufacturers. It would
be too greatm deviation from ,my (object to point
out the means of obtaining those capitals, but it
is evident, that they, muff |>e considerably leflened
by the forming of a navy„at thficxpenfe of man
ufactures, or by fifing tpe capitals of the nation in
distant,,couQtrie%v It/j^ beyond doubt that capi
tflis,often,pew channels flor nothing is more nat
ural fofc,merchants whose capitals are final!, than
tq, epujent xhemleiv, with anting the part of bro
hers or cemmiffion merchant ', te those whor can
supply them, with goods on credit ; and fpr this
very reason, England loft nothing by the indepen
dence of America. , Her ,jmmeofe .capitals have
created a monjed dependence, : which, in a com
mercial rtia(iQp, replaced the Supremacy fhe,had
loft in tfe government. The increase of capital
in America, frees it in some degree from that de
pendency, and by furnishing her with the means
of extending her commerce,and even to offer cap
itals to other nations,'Which know how. to calcti
late the value of the markets which she offers to
manufacturers and to the luxury of Europe.
It will be readily granted that colonies beyond
the seas add nothing to the force of a nation, thrfe
are on the contrary weak points; which are gnaw
ed at a very great expense, both in men and mo
ney ; especially if they be in hot and unhealthy
climates.-
The queflion, therefore, is reduced to this,
Has France a Superfluity of men and money great
enough to juflify the Jettling of a new colony?
Those which France already poffefles in the
Wed Indies and at Cayenne, are more th^ fuflicient
for her wants, and even Europe, if ^ were cul
tivated so as to produce all ihq &re capable ot,
OboUfaU Prices Current, at pertfmouto,' rM^pamptyire,
CAREFULLY REVISED AND CORRECTED, ON SATURDAYS.
—>t<«f^tyg^<^^^^g^4>.>.HH -—
Cotttfe of exchange, at IjoGoti, gulp 6, B
But how are they to be cultivated ? Experience
lias proyed that the inhabitants of hot climates
never Work from want : Force alone can supply
the two great fours to labour-in northern climates,
hunger and cold, which nature has placed in thole
severe climates.. Hence slavery alone can fertilize
those colonies, and Haves cannot be procured but
at a great exppuce. , ^.- , ^ ; k'
The Spanish part of Hispaniola was ahno? un
cultivated for want of Haves. It is now polfeffed
by France ; and, to render it of advantage, it will
be neceHarv to lay out immense capitals in flawes,
in buildings, and in improvements of uncultivated
lands. Others will be necessary to make up for the
losses of the French part of that, not to mention
the other Islands. Where are those capitals; to be
found ? Men who travel into diflant and unhealthy
climates are seldom wealthy. Those riches must
therefore be found in France, or in some, country
tbit has a fuperfhiity of capital. If they are found
in France, it can only be,tb a certain degree, at the
expence of internal manufactures. , It may, how
ever, appear advantageous, in a national point of
view, to encourage the use of the riches of France
for that object ; considering the extreme fertility
of the French Well-Indies, and their prefect fitua
iion pf culture, those funds will form yield a profit.
But as long as money will command so ^bigh an
interest ; so long as the interior of the Republic
shall offer monied men a source of (peculation, and
property shall lie in so few hands, it will be d^-
culuo induce the majority of them to difpoflefs
tuemfelves of this capital to fend it at a distance,
and run the rifle of the integrity of their agents,
and all. those whom recent examples have taught
them, to dread. _
Foreign cpin„was formerly introduced into France
through tteUnited Provinces ; but the prefeut
state of the Batavian Colonies, and the losses they
have Curtained by the war, leave but littie hope,
that much may be used in the restoring of French
colonies.,. ,• , i; < Q
The United States poffels conGderabß capitals
in money, and product Mis necessary to the refto
ratiori of the Blands. No great credit, in money,
will probably be giveh to the planters ; but with
foitable encouragements, there is m> doubt, they
will be able to obtain those pro/.u^ions which
mud, were it not for that circumflance, be paid
for in calh, and-the commercial fpeculationrbf the
United States will extend to the French Islands,
when the public and private credit of France shall
have been restored, And When experience shall
have convinced, the people hoo unwise- it is--to
ellabhfli a revenue upon foreign trade, while it is
io fact collected from thrir own citizens. At
Hispaniola, a duty of 20 per cent is paid upon
articles introduced by Grangers. The duty is in
faft paid by flrangers, and it happens that fraud,
and the bad administration of Cullom-Houfes, is,
as uftifofource of vexation for foreigi^picrchant^
But it is the planter who furAifhea the mopey, for
Current prices of per from to
D. C, D. C.
Singles -1 50 2 2a
Lemons fre)b bx. 9 0 10 0
Lime, hhd. 2 50 0 0
Leather, Soal, dried, ft 022 023
MqlalTes G. 046 048
Nutmegs ~,. ffi 45° 5 0
Nail Rods scarce C. 7 0 0 0
f 4<l l cu t M - °9 9 °
ri I 6dj ' -- 066 0 0
b J 6d wrought — IQ %.6
l< } 101, do. infpe^ed — 150 162
^ 2od, do. do. -- 225 233
(Sheathing, cut C. ,0 0 II 0
^J Liter jcarce B. 14 0 12 0
'5 iLiufeed G. 142 150
Pepper fb 02 8 0 0
^ ( Boot Middlings, 20 b 21 0
1{ No. 1 16 0 18 0
P( No. 2 J 5 50 *7 0
Peas ( bus '25 150
Pimento ftj 020 0 0
?itch> . ^ B, 4 33 0 0
taper, Sheathing C. 375 4 0
Redwood ,T. 55: 0 60 0
Ityfins/r^ ,caffe 8 9 0 0
Rum, Jamaica ~, G. 1 0 I 5
, Windward gd,%- 0 O I ©
Rice Jcarce C. 6 0 0 0
Rofify; B. 450 0 0
Soapj white, ib OJ 4 916
; brown — 010 016
, castle ^ 0 17 0 20
Sugar, Havannah C. 17 0 0 0
, East-India -- 12 0 12 50
^.^ 3 / %. ^^wg^r; 0 ^ •'' ':,
. INLAND BILLS.
S °° 30 days fight, (For Cassi) so percent dis.
do. Philadelphia, : : do. : i| a2 do. do.
d°° : : do ° : 1 d °- d °°
do. Philadelphia, or], ,
New. York, f 6 ° da y s > : d ° 1 ^ do.
N. B. Bills at Oerter fight, proportionably higher.
this tax is always added tc the pric-, and A ven are
interest is advanced upon if as a compensation for
the vexations which the Captains experienced in
their commerce. What then is the eh<a of that
operation, if not to take from the planter one
fourth part of the money which he had so much
difficulty to get from France ? Or otherwise to
itop, by that mean/, partly, the re-ellablifhment of
the capitals which atone can render the Islands
finally productive ?I fay finally, for 11 is folly to
believe that they n ill yield to France a compensa
tion for her adualoutfets, unless it be after a great
many years, I will even fay,that uhlefs the ports
of Hifrani>la.are open to every, vessel loaded with
articles of necessity, unless the inhabitants have the
rigilit of buying cifop and fellings dear, by encour
aging the rivalry between the fellers & purchasers;
onlefs every fort of vexation is removed, and Qrar.«
gers receive every pof%- fecurit, for their capitals
in the Islands, ages will pafiaway nature Hupani
ola will cease draining France cf its riches and
strength without peering her any equivalent return.
It is, therefore evident, that if France had no
other pofreffiOT,fyoiidithe seas, except h^r islands,
it might easily place all the capital of which she
now can, and probably 'hereafter Will be able to
difoofe in a long ferbs ofwcais. ~;,
But if to al! this, we add the immerse possessions
in Guyannafher productions, anti the capitals
neceflary to carry the whole 0f it? to its full value ;
if ne add the Settlements r^ccTry to he made in
Indian if the design be to bring. iri?^ the ports of
Francethat variety :of arrives ?^Q invite ex
changes, and give commerce its lie activity, "we
mull find that one century M lef'i ;vdl pafsawa,
before France may want pafTeffionsrof Oat kind.
But ns France has, like osher countries;, but a
confined capital, the.onl, question isi Where shall
this capital he placed ? shall it be fore ? in the
Weft-Indies ? at Cayenne ? :? Irdi-, or at Loijii
ana ? For it is obvious that what will be placed in.
one of those Settlements will Ee at t<w expense of
another ; it is equally so, that tire hrftinnal expen
ditures will inerpafe with her colonies; and that,
in case of war, the polnts : of;attach and defence
will be multiplied in the fame ratio.: 1-.
Able ftatPfineurhave qmlftiojed whether coloilicz
were ufeful ta a country, fitnated like France; ybnt
my design is not th examine this-theory. France
has-colonies ; she has invited her citizens to go and
carry their riches to them ; hohor requires that fh^
keep and protest them ; but she is noder no obli
gation to create new ones; to multiply points of
defence ; 10 fquarider away the capitals she has
at home and abroad. How dould the pofleffion of
Louisiana be ufefnl to her? In the firtt place, its
cultivation is to be carried on,- as in all warm
counti fee, by slaves ; the capitals spent in buying,
them, or the fiaves themselves, would have been
carried to the Islands, if this new channel had not
opened. This rivalry will rife the price at Haves fcr
the planters,& may thus much retard the firtt'entenh
Current prices of per from to
D. C D.,C.
Sugar, Weft-India r to '0 12 0
Starch, Poland so 018 0 0
/ , American — 0 I2| 017
Sugar, Loaf, " ft, 022 °23
Salt, St., Übes scarce H. 6 0 650
, Turk's llland -- 6 0 ,0 0
, Liverpool — 5 0 6 0
• ~,,Rock :. n t—o 0 7 G
Steel, German 1b ^l3 016
, Engli&fd — 014 0)6
Salt Petrc, defined -- .p 34 040
Shot Patent, , C. 44 0 0 0
rw.b. hhd. M. 24 0 is 0
Q i do..faheading -- 26 0 28 0
>I W. O. bbl. r- JP 0 12 50
^j R '°- hhd.,,, -- 12 0 50
& I do^,Shooks 066 0 0
(W..0,,d0. ; 1 20 130
Tin in Iheets Ux. 18 0 27 0
Tap B - 35° 4 0
Turpentine — 4,0 450
Tea, Hyfon. lb. 1 50 1 60
, Souchong -- 0 7.5 . 080
, , Bohea . ;,,..- 03a 0 0
Tobacco, JamesKiver C. 7 o o c
Georgia — 550 0 0
Twine, sewing doz. 5 0 §SO
feint ., — s : ° 5 5°
, (Madeira „, G. 217 275
I Lisbon farce, — 150 0 0
Z Sherry,. . : — 142 1 5 o
< Malaga farce q.c. 30 0 0 0
(Red Port — 142 150