Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1808-07-05
Mr.. WIAam Ben.


own sPecuiat;on 10 America Never.
Suppose the American embargo we're
removed, and be orders 10 couuc,! still %
continue IN force, would you export TO a.
merica Certainly not.
Stale you, rehson. 49, Because I conceive
they could not pay US who do not consume
sufficient qusGdtY of American produce
To pay Tor more than one third OF he ma
noisctu'ed g 1ods exported FROM THIS coun
Try TO that; without the market Cf the
continent they would never be able 10 pay
us.
Then am to understand, that if The
embargo were taken of, if the orders in
council continued, you would not ship 10
America partly because you could not
receive American produce here, and part
Iy because American produce could not 70
TO the continent? | could receive Ameri-
can produce here.
Then your reason is, that American pro.
duce could no, go 10 the continent? Yes
The Glut here would be SO great that i,
would not pay the freight.
70 yOn mean TO say, that the value would
be little or nothing of wha: would com,
he'e III consequence OF the gIut Trifling
/ conceive.
Would the certainty of receiviog hi,
prsdnce from America, 10y the removal O
The embargo, he any inducement TO yor
10 ship goods Cor America? Certainly
nos ! should no; Ike 10 engage in il a
all
Have You written to your coTrespon-
dent in America, respr Cling shipments Of
American produce To De sent - this cnun
try have.
=" what effect have you written ? J
have wii;cn, thai, should America think
proper, Notwithstanding those orders in
cpunc J, 70 trade with his country, 10 sus-
pc d for the present all business
Why did you give that advice to your
correspondent For the reasons nave
Just stated, that The produce they would
Sud III return, would nc, nett any thing at
ell; 7 conceive thst should even get my
set into debt by paving the charges.
Supposing the American embargo, which
al present forbids the expectation from A.
merica to the continent of This country,
were removed as 10 this country, but not
as 20 the continent? could Ship more if
the embargo WAS removed betwixt Ameri-
ca and the continent, because consider
tie consumption OF American produce
greater on the continent than what it is
here Il might therefore venture to ship
more, because believe could still have
remittances from the continent have
had some very lately.
Do you conceive that not only the con-
veying American produce to the continent,
bur even the conveying goods of the w. In
da colonies by the American ships, is ne
oessary to their paying for the mauufac-
1nEhf 4. 80 = 4
lulcly necessary.
You have stated, that you conceived, that
II these orders in council should continue,
the glut would be so great you would not
pay the freight; from whence do you draw
the opinion that these orders in council viii
entirely preclude the>expOrtati0n of Ame-
rican produce, and those commodities
which generally are received through A.
merica, from the continent ! know of no
method whatever OF getting tobacco TO
the continent of Europe: there has been
shipped from the United States annually
$4,000 hogsheads England consumes II
or $4,000 annually only the rest have
been sent to the continent, and the pro-
ceeds RENTED to England cor the pay pient
ofbiIls therefore calculate if those Is 900
arc thrown into the English market, and
no outlet, the glut would be so great as not
10 pay the freight.
Why do you conceive there would be no
outleIs At present ] have not been able
to discover any; the DEGREES of the French,
together with the orders in council, cross
each other snd shut every thing up in the
place it stands il appears to me mposs bic
20 move. / co'not send shilling's worth
to any place.
Do you not believe that the wants of the
ooniinent, for such IN article as tobacco,
will probably force tne continent to receivs
tobacco even thro' the med um of this
country! I am very much afraid IL will
on the contrary induce them to grow q sui
fcient quantity for their own consump-
ton.
In point Of fact, since the months Of Sep
tenbcr and October, have You from any
Gil cumstaHces or information whatever
been led to conclude that the ports OF Hol-
land have been 50 completely shut against
American ships as that you could not suf-
fer them 70 90 thither ! Should nevor
have hssiated tn send forward American
ships as ;hey arrived, had il not been for
that order IN council If we had not eufor-
ced ;hc register O. the shipments, / should
have continued TO seud them on as usual,
and have no Goubt they would have been
admitted.
Mr.. Th0ma3 Martin.
What were the premiums on American
risks in summer from Liverpool 20 Ame-
RIGA, IN the suInmmer Of 1906 Two sui-
meas per cent. and two and a halfper cent.
etsf he &c