★ Keep up to date with the latest news - subscribe to the Transcribe Bentham newsletter; Find a new page to transcribe in our list of Untranscribed Manuscripts
Result of the Enquiries He is making into the Quantity of Poods that can
be got at this lower Price, in order to contract for supplying the article at the
higher — Wax, when he was at Riga, he found the Merchants there paying
for, at the Rate of 13 Rixdollars a Pood; now in this Neighbourhood he finds
it is to be had at 10, or 9½ Rubles a Pood, and a Rixdollar is worth more
than a Ruble by about ¼th. — now the Carriage from hence to Riga
would not amount to half a Ruble a Pood, were he to hire Carriers
which He has no need to do — here there would be a Gain of 60 pCt,
upon the Supposition that the Riga Price continues the Same, at the time
by which He can send Wax (which will be the latter end of May,) and
as That, we believe, is by no means a fluctuating Article, if the profit
of it should not quite come up to the above, can hardly fall greatly
short of it. — accordingly He is taking Measures to secure all the
wax he can.
There may be full half a dozen or more other Articles equally promising
which I must omit either because the Information we have been able
as yet to obtain, relative to them, is not as yet full & precise enough, or
on account of the difficulty of extracting it from him, amidst his
incessant avocations.
As a number of returns may be made in the Course of the year, if
you could contrive to let him have £500 in addition to what he
has, there seems little doubt of his being able to make CentpCent
of it.
He has been selling Cloth at a Profit, although he has been cheated
to such a degree by Capper (whom he then employed, and whom, You
may sure he will employ no more) as to be made pay more than
the retail Price.
He is told that the Custom is, in that Trade, to give Twelve months
Credit, and that the wholesale Price of Broad Cloth, that sells retail
for 18sl, can not at most be above 14sl, now then, if you can
contrive to get it at twelve months Credit, and send it over here,
he is pretty sure of selling it at a Considerable profit, and
absolutely sure of selling it at no loss; in the latter event, when the
worst comes to the worst, He will have the mony to play with for 7, or
8 months, and still have time enough to remit it to you the money
before the time came for you to pay it. It will be partly for
Cloathing to Officers of his own Battallion.
This Page Has Not Been Transcribed Yet
|
Identifier: | JB/540/250/002 "JB/" can not be assigned to a declared number type with value 540.
|
|||
|---|---|---|---|
|
1786-03-19 |
|||
|
540 |
|||
|
250 |
|||
|
002 |
|||
|
Correspondence/copy |
|||
|
Samuel Bentham |
|||