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Critchoff March 28/17. 1786
Hond Sir,
You wished my Brother to get Money, He is now in a way of doing so;
He has lately told you from Riga of the fortunate Completion of his Contract,
and of the use he was making of the Capital it produced by bandying it
about the Country. He is gone to Krementchuck, and Cherson under the joynt
care of honest Benson, and a Russian Officer, and we now begin to expect
the return of it every day. This Simple mode of turning the Penny will of
course be pushed as far as it will go; but whatever becomes of This, there is
no want of others; the Possession of some Capital having put him upon
Enquiries into the several possible means of turning it to account. He finds
that there are various Articles of Commerce which, without interfering
at all with his Fabrics, promise a still easier & more considerable Profit,
not only the Rate of Profit is much greater than in England, but the
Returns are proportionally more speedy; what is more, they are more
secure, as it will be in his power so to manage as not to sell but
for ready money, or with such security as in point of safety is
equivalent to it.
Clerks and Agents He gets for nothing, or for as little as he
pleases, among his Officers and others under his Dependance, and his
Battallion-Horses serve for Carrying the Goods to the best Market, —
which they may as well do as stand idle in the Stable.
Thus it is that without the Reproach of being called a Merchant, He has better
means of Carrying on Merchandize than if he were One.
I will give you an Example or two of the Advantages that are to be made
by ready mony. The Hides that he has taken of the Prince, as Part of
the Stock of the Leather-Fabrics, to the number of 2, or, 3,000 cost
one with another, a Ruble a Piece, (i.e. 100d Copecs), now by sending from
Market to Market, he is buying as good for 50, or 40 Copecs —
Tar, the Prince's Steward would give him or any body 20 Copecs a
Pound, ready money, for the Rope Fabric, taking at that rate, between
3, & 4,000 Pood a year; now he finds it may be had a few Poods at
a time for 15, or even so low as 10 Copecs a Pood; and He only waits the
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Identifier: | JB/540/250/001"JB/" can not be assigned to a declared number type with value 540. |
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1786-03-19 |
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540 |
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250 |
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001 |
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Correspondence/copy |
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Samuel Bentham |
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