Publisher's Synopsis
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1908 edition. Excerpt: ... See above note (22). 24 Min. July 29, 1630. c considered afresh and it was agreed to raise the price on occasions to 23 or 25 ducats 2S "per mille weight," and secondly to trade in a joint-stock 26 so as to reduce the Greeks to reasonable prices and prevent the factors from out-bidding each other. The jointstock principle was re-affirmed in the following January 27 as likely to be beneficial to the company. And for the better management of the trade it was also resolved at the same time to farm the customs duties on currants from the King for a rent for a fixed number of years. In this way the company might be able to keep the price of currants pretty fixed both at home and abroad. Furthermore, the company resolved to make an attempt to force the West-countrymen--the merchants of Bristol and Exeter 28--to recognize the company's monopoly in the trade of currants and to pay the impositions levied by the company. 25 Min. June 7, 1631. 26 i.e. where the company as a whole did business and not individual members. This was nothing new at that time, for it had already been tried and given up, e.g. in 1620. Cf. Min. November 24, 1620. 27 Min. January 20, 1630. 28 Cf. above, p. 109. But the order allowing the price paid for currants to be raised was apparently unsatisfactory, for nearly a year after it was made29 it was put on record that it had been inconvenient in the past and might be dangerous in the future. Therefore, it was repealed and the order of July 11, 1628,30 where the price was fixed at 16 or 20 ducats "per mille weight " was once more put into force Nor was the joint-stock satisfactory. That too was re-considered,31 and as an alternative to it, it was suggested that the trade of currants be farmed out for a...
