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Updated: May 5, 2025
The same guineas were bought and sold several times over, to the great profit of the agent and loss of the poor tenants; for, as the rents were paid, the guineas were resold to another set, and the remittances made through bankers to the landlord; who, as the poor man who explained the transaction to Lord Colambre expressed it, 'gained nothing by the business, bad or good, but the ill-will of the tenantry.
Merely to buy up the whole supply of a certain commodity, even if it were bought up by a 'ring' of merchants, provided that the commodity was resold within the limits of the just price, was not a sin against justice, though it might be a sin against charity. If the authorities granted a monopoly, they must at the same time fix a just price.
I noticed several men taking notes of the prices made, and, immediately the book sale was finished, they removed them to the lawn, where they were resold by one of the gang at greatly enhanced prices.
First, to the banker's who supplied me with a sufficient quantity of small money for the post-stations on the road to Drontheim; then to a seller of carrioles, of whom we procured three, at $36 apiece, to be resold to him for $24, at the expiration of two months; and then to supply ourselves with maps, posting-book, hammer, nails rope, gimlets, and other necessary helps in case of a breakdown.
The destruction of Antwerp brought to Amsterdam, along with other branches of commerce, the valuable trade which the former city had with Portugal for the produce and manufactures of India; these the Dutch merchants resold to all the nations of the north.
Speedy was in the belligerent stage of fear. He could not pay. It appeared he had already resold the hampers, and he defied me to do my worst. I did not like to lose my own money; I hated to lose Pinkerton's; and the bearing of my creditor incensed me. "Do you know, Mr. Speedy, that I can send you to the penitentiary?" said I, willing to read him a lesson.
To avoid the exposure, should the document fall into the hands of the Government or European consuls, the amount is not entered as for the purchase of a slave, but is divided for fictitious supplies thus, should a slave be purchased for 1,000 piastres, that amount would appear on the document somewhat as follows: The slaves sold to the men are constantly being changed and resold among themselves; but should the relatives of the kidnapped women and children wish to ransom them, the trader takes them from his men, cancels the amount of purchase, and restores them to their relations for a certain number of elephants' tusks, as may be agreed upon.
Each week I bought a number of steerage passages from the Holland American Line and the ladies resold them in the ballroom.
The same guineas were bought and sold several times over, to the great profit of the agent and loss of the poor tenants; for as the rents were paid, the guineas were resold to another set: and the remittances made through bankers to the landlord, who, as the poor man that explained the transaction to Lord Colambre expressed it, "gained nothing by the business, bad or good, but the ill-will of the tenantry."
Profiting by his advice, I adventured in that new settlement some timid and wary purchases, which I resold to considerable advantage. Meanwhile I must not omit to state briefly what, since my departure from England, had been the ministerial career of Trevanion.
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