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I took it at the time as a general expression of kindness; now I recollect the look, and the pause after the word gratitude, I put this with Temple's coals to Newcastle. But, if it be a secret, I must not inquire, and if it be not, you will tell it to me. So I shall go on to my own affairs. "The other day I was surprised by a visit at my chambers from an East-India director.
The profit was at least fifty per cent on the original cost, or $100,000, and would make the cargo worth $700,000. In those years there was credit given by the United States of nine, twelve, and eighteen months! So that the East-India or Canton merchant, after his ship had made one voyage, had the use of government capital to the extent of $400,000, on the ordinary cargo of a China ship.
The consequence was, he lost by his weakness and pedantry the affections of the nation, yet his reign is memorable for giving rise to many foreign settlements. From him the East-India Company received a new patent, which encouraged the corporation to enlarge their stock, and to fit out a greater number of ships for that trade.
Otherwise Jeru is a delightful city. It is famous for its beautiful women. Its railroad-station is a magnificent piece of architecture. Its men are retired East-India merchants. Everybody in Jeru is rich and has real estate. The houses in Jeru are three stories high and face on the Common. People in Jeru are well-dressed and well-bred, and they all came over in the Mayflower.
On the 6th of May, three of the transports, which were chartered by the East-India Company to load tea at China, sailed from this port; the Supply also sailed for Lord Howe Island. The carpenter of the Sirius, with his crew, had been constantly employed on shore since our arrival in this country, assisting in erecting store-houses, and other necessary buildings.
At last, on the 31st of December, 1600, the documents captured by Drake produced their result, and the East-India Company, by far the greatest corporation of its kind the world has ever seen, was granted a royal charter for exclusive trade.
Otherwise Jeru is a delightful city. It is famous for its beautiful women. Its railroad-station is a magnificent piece of architecture. Its men are retired East-India merchants. Everybody in Jeru is rich and has real estate. The houses in Jeru are three stories high and face on the Common. People in Jeru are well-dressed and well-bred, and they all came over in the Mayflower.
The younger Kerstall took away the member for Slopton, and put another picture on the easel. But this was like the rest; the pictured face bore no trace of resemblance to that face for which Laura was looking. "I remember him too," the old man cried, with a triumphant chuckle. "He was an officer in the East-India Company's service. I remember him; a dashing young fellow he was too.
The Sultan sent for two English Letters for Captain Swan to read, purposely to let him know, that our East-India Merchants did design to settle here, and that they had already sent a Ship hither. One of these Letters was sent to the Sultan from England, by the East-India Merchants.
After a minute inquiry into the nature of the complaints, the commons voted certain regulations with respect to the stock and the traffic; and resolved to petition his majesty, that, according to the said regulations, the East-India company should be incorporated by charter.
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