Explorers of the Hudson Bay Company resolve the nonexistance of a Northwest Passage to the Orient. Louis XV is reviled by the French people for wasting money on wars and his plush lifestyle while losing most of the country's colonies. Bread riots in London. James Cook is sent to the Pacific Ocean to observe an eclipse of the sun by Venus. This, along with other trade regulations and a ban on smuggling, raises the ire of the French Creoles.
Economic conditions worsen over the summer.
Captain-General Antonio Maria de Bucareli of Cuba sends only part of the Spanish subsidy to Louisiana. In a letter to Marquez de Grimaldi the King's chief minister, Antonio de Ulloa reports licensing traders in return for maintenance of peace. Ulloa may have continued Gilberto St. Maxent 's an exclusive fur trade deal. August 10 Antonio de Ulloa writes that the financial affairs of the colony are in desperate condition. The maintenance of the Royal frigate of war is supplied and fed by Gilberto St. Maxent who believes it is a sound investment.